Royal Bank Of Canada reiterated their outperform rating on shares of Valvoline (NYSE:VVV – Free Report) in a research note released on Monday morning,Benzinga reports. The brokerage currently has a $46.00 price objective on the basic materials company’s stock.
A number of other research firms have also recently weighed in on VVV. Wells Fargo & Company increased their price target on Valvoline from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Roth Mkm restated a “buy” rating and issued a $44.00 price objective on shares of Valvoline in a report on Thursday, February 5th. TD Cowen reaffirmed a “buy” rating on shares of Valvoline in a research note on Monday, January 26th. Wall Street Zen upgraded shares of Valvoline from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Citigroup lifted their price target on shares of Valvoline from $34.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $40.38.
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Valvoline Stock Up 1.3%
Valvoline (NYSE:VVV – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.03. The company had revenue of $461.80 million during the quarter, compared to analyst estimates of $466.87 million. Valvoline had a return on equity of 69.71% and a net margin of 4.91%.The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.32 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities research analysts anticipate that Valvoline will post 1.63 EPS for the current year.
Insider Activity
In related news, insider Julie Marie O’daniel sold 4,312 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $38.55, for a total value of $166,227.60. Following the sale, the insider owned 17,979 shares in the company, valued at approximately $693,090.45. The trade was a 19.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.66% of the company’s stock.
Institutional Trading of Valvoline
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its position in shares of Valvoline by 35.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,363 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 622 shares in the last quarter. Alberta Investment Management Corp acquired a new position in shares of Valvoline in the fourth quarter valued at approximately $2,325,000. Vision One Management Partners LP purchased a new stake in Valvoline during the 4th quarter worth approximately $11,429,000. Alpine Woods Capital Investors LLC increased its stake in Valvoline by 2.5% during the 4th quarter. Alpine Woods Capital Investors LLC now owns 10,866 shares of the basic materials company’s stock worth $316,000 after buying an additional 267 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Valvoline by 188.4% during the 4th quarter. NewEdge Advisors LLC now owns 10,732 shares of the basic materials company’s stock worth $312,000 after buying an additional 7,011 shares in the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.
About Valvoline
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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