Valvoline (NYSE:VVV – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $28.47 and last traded at $28.4740, with a volume of 1600872 shares changing hands. The stock had previously closed at $30.37.
Analysts Set New Price Targets
Several analysts have recently commented on VVV shares. Barclays raised their target price on shares of Valvoline from $35.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Royal Bank Of Canada boosted their price target on shares of Valvoline from $46.00 to $49.00 and gave the stock an “outperform” rating in a research note on Friday, September 11th. Wells Fargo & Company increased their price target on shares of Valvoline from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Piper Sandler restated an “overweight” rating and issued a $44.00 price objective on shares of Valvoline in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price objective on the stock in a report on Friday, May 29th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $43.06.
Check Out Our Latest Analysis on VVV
Valvoline Price Performance
Valvoline (NYSE:VVV – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm had revenue of $544.60 million for the quarter, compared to the consensus estimate of $543.21 million. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The firm’s revenue was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, equities analysts forecast that Valvoline will post 1.76 EPS for the current fiscal year.
Insider Activity at Valvoline
In other news, CAO Jordan M. Denny purchased 1,506 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average price of $33.20 per share, with a total value of $49,999.20. Following the purchase, the chief accounting officer directly owned 4,121 shares of the company’s stock, valued at $136,817.20. This represents a 57.59% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Julie O’Daniel sold 3,700 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $33.81, for a total transaction of $125,097.00. Following the transaction, the insider owned 14,279 shares of the company’s stock, valued at $482,772.99. This trade represents a 20.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.66% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Valvoline
A number of large investors have recently bought and sold shares of VVV. BlackRock Inc. acquired a new stake in Valvoline in the 2nd quarter valued at $501,851,000. Eminence Capital LP purchased a new position in Valvoline in the 4th quarter worth approximately $122,409,000. Junto Capital Management LP acquired a new stake in Valvoline in the second quarter valued at approximately $81,689,000. Norges Bank purchased a new stake in shares of Valvoline during the fourth quarter valued at approximately $39,651,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Valvoline in the second quarter valued at $52,960,000. Institutional investors and hedge funds own 96.13% of the company’s stock.
Valvoline Company Profile
Valvoline Inc (NYSE: VVV) is an automotive maintenance company focused on quick, convenient vehicle services. Through its company-operated and franchised service centers, the company provides oil changes and other routine maintenance designed to help extend vehicle performance and reliability.
Its services generally include conventional and synthetic oil changes, tire rotations, battery replacement, air-filter and wiper-blade replacement, fluid services, and other preventive maintenance.
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