Insider Buying: Valvoline (NYSE:VVV) Director Buys $32,530.00 in Stock

Valvoline (NYSE:VVV) Director Jennifer Lynn Slater purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average price of $32.53 per share, for a total transaction of $32,530.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at $32,530. This trade represents a ? increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Valvoline Stock Up 3.5%

VVV stock opened at $33.28 on Thursday. Valvoline has a 52 week low of $28.50 and a 52 week high of $41.33. The business has a 50-day simple moving average of $33.60 and a 200 day simple moving average of $33.13. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 4.61. The company has a market cap of $4.24 billion, a PE ratio of 45.59 and a beta of 1.03.

Valvoline (NYSE:VVV) last announced its quarterly earnings data on Thursday, May 7th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. Valvoline had a net margin of 5.03% and a return on equity of 66.54%. The firm had revenue of $503.80 million for the quarter, compared to the consensus estimate of $495.67 million. During the same period in the prior year, the company posted $0.34 earnings per share. The business’s revenue for the quarter was up 25.0% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Sell-side analysts anticipate that Valvoline will post 1.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Valvoline

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Valvoline by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock valued at $358,121,000 after buying an additional 94,813 shares in the last quarter. Boston Partners increased its holdings in shares of Valvoline by 20.6% during the fourth quarter. Boston Partners now owns 6,679,911 shares of the basic materials company’s stock worth $194,449,000 after buying an additional 1,142,290 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Valvoline by 11.2% in the 4th quarter. Wellington Management Group LLP now owns 6,067,541 shares of the basic materials company’s stock valued at $176,323,000 after acquiring an additional 610,014 shares during the last quarter. Fiduciary Management Inc. WI lifted its stake in shares of Valvoline by 4.6% in the 4th quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after acquiring an additional 220,642 shares during the last quarter. Finally, Cooke & Bieler LP boosted its holdings in shares of Valvoline by 28.3% during the 4th quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock valued at $124,409,000 after acquiring an additional 944,095 shares in the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on VVV shares. Citigroup lifted their price objective on shares of Valvoline from $34.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Stifel Nicolaus raised their target price on Valvoline from $42.00 to $44.00 and gave the company a “buy” rating in a report on Monday, May 11th. Truist Financial set a $38.00 price target on Valvoline in a research note on Monday, January 26th. TD Cowen reissued a “buy” rating on shares of Valvoline in a report on Monday, January 26th. Finally, Piper Sandler restated an “overweight” rating and set a $44.00 price objective (up from $41.00) on shares of Valvoline in a research report on Friday, May 8th. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $41.36.

Valvoline Company 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).