Wasatch Advisors LP lessened its stake in shares of Valvoline (NYSE:VVV – Free Report) by 1.8% during the first quarter, HoldingsChannel reports. The firm owned 7,996,009 shares of the basic materials company’s stock after selling 147,951 shares during the period. Valvoline accounts for 1.8% of Wasatch Advisors LP’s portfolio, making the stock its 14th largest position. Wasatch Advisors LP owned about 0.06% of Valvoline worth $269,306,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of VVV. Alpine Woods Capital Investors LLC grew its stake in shares of Valvoline by 2.5% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 10,866 shares of the basic materials company’s stock valued at $316,000 after buying an additional 267 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Valvoline by 1.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 28,510 shares of the basic materials company’s stock valued at $1,080,000 after buying an additional 277 shares during the period. Quadrant Capital Group LLC lifted its position in Valvoline by 4.2% during the 4th quarter. Quadrant Capital Group LLC now owns 7,912 shares of the basic materials company’s stock worth $230,000 after acquiring an additional 319 shares in the last quarter. UMB Bank n.a. lifted its position in Valvoline by 20.3% during the 4th quarter. UMB Bank n.a. now owns 1,906 shares of the basic materials company’s stock worth $55,000 after acquiring an additional 321 shares in the last quarter. Finally, SummitTX Capital L.P. boosted its holdings in Valvoline by 3.8% in the 4th quarter. SummitTX Capital L.P. now owns 9,008 shares of the basic materials company’s stock worth $262,000 after acquiring an additional 326 shares during the period. Hedge funds and other institutional investors own 96.13% of the company’s stock.
Analysts Set New Price Targets
Several analysts have issued reports on VVV shares. Barclays assumed coverage on shares of Valvoline in a research report on Thursday, May 28th. They issued an “equal weight” rating and a $35.00 price objective for the company. Piper Sandler reissued an “overweight” rating and set a $44.00 target price (up from $41.00) on shares of Valvoline in a research report on Friday, May 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Valvoline in a research note on Friday, May 29th. Stifel Nicolaus raised their price target on shares of Valvoline from $42.00 to $44.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company lifted their price target on shares of Valvoline from $40.00 to $42.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Valvoline presently has an average rating of “Moderate Buy” and an average price target of $40.93.
Insider Activity at Valvoline
In related news, Director Jennifer Lynn Slater purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $32.53 per share, with a total value of $32,530.00. Following the completion of the acquisition, the director directly owned 1,000 shares of the company’s stock, valued at approximately $32,530. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Joseph Freeland acquired 3,100 shares of Valvoline stock in a transaction on Thursday, May 14th. The shares were bought at an average price of $32.37 per share, for a total transaction of $100,347.00. Following the completion of the purchase, the director directly owned 16,112 shares in the company, valued at $521,545.44. The trade was a 23.82% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 14,100 shares of company stock worth $450,877 in the last ninety days. 0.66% of the stock is currently owned by corporate insiders.
Valvoline Trading Up 1.0%
Shares of VVV opened at $40.11 on Friday. Valvoline has a one year low of $28.50 and a one year high of $41.33. The stock has a 50-day moving average price of $34.92 and a 200 day moving average price of $34.06. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.61 and a current ratio of 0.73. The company has a market capitalization of $5.12 billion, a P/E ratio of 54.95 and a beta of 1.02.
Valvoline (NYSE:VVV – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.06. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The company had revenue of $503.80 million for the quarter, compared to the consensus estimate of $495.67 million. During the same period in the previous year, the business earned $0.34 EPS. Valvoline’s revenue for the quarter was up 25.0% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Sell-side analysts forecast that Valvoline will post 1.75 EPS for the current fiscal year.
Valvoline Profile
Valvoline (NYSE: VVV) is a leading global producer and distributor of automotive and industrial lubricants. The company’s portfolio spans engine oils, gear oils, transmission fluids, greases, coolants and driveline products, all designed to help improve vehicle performance and longevity. Valvoline’s products are marketed under the Valvoline®, Valvoline NextGen® and Valvoline™ SynPower® brand names and are formulated to meet the stringent requirements of passenger cars, light trucks, heavy‐duty vehicles and off‐road applications.
In addition to its core lubricant business, Valvoline operates one of North America’s largest quick‐lubricant service networks through Valvoline Instant Oil Change℠ (VIOC).
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