TD Cowen Increases Valvoline (NYSE:VVV) Price Target to $47.00

Valvoline (NYSE:VVV) had its price objective hoisted by TD Cowen from $42.00 to $47.00 in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. TD Cowen’s price target suggests a potential upside of 18.78% from the company’s previous close.

Several other equities analysts also recently weighed in on VVV. Barclays started coverage on Valvoline in a research report on Thursday, May 28th. They issued an “equal weight” rating and a $35.00 target price for the company. The Goldman Sachs Group restated a “buy” rating and issued a $45.00 price objective on shares of Valvoline in a report on Thursday, May 7th. Roth Capital reaffirmed a “buy” rating and set a $46.00 target price on shares of Valvoline in a research note on Friday, May 8th. JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 target price on the stock in a report on Friday, May 29th. Finally, Wells Fargo & Company raised their price target on shares of Valvoline from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $41.60.

Valvoline Trading Down 1.0%

VVV stock traded down $0.40 during mid-day trading on Monday, hitting $39.57. 53,461 shares of the company were exchanged, compared to its average volume of 2,075,616. 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 firm has a market capitalization of $5.05 billion, a P/E ratio of 54.48 and a beta of 0.99. The business has a fifty day simple moving average of $36.55 and a 200-day simple moving average of $34.99. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33.

Valvoline (NYSE:VVV) last issued its quarterly earnings data on Thursday, May 7th. The basic materials company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. The business had revenue of $503.80 million during the quarter, compared to analysts’ expectations of $495.67 million. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The company’s revenue was up 25.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. On average, equities research analysts predict that Valvoline will post 1.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the sale, the insider owned 20,918 shares of the company’s stock, valued at $836,720. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 purchased at an average price of $32.53 per share, with a total value of $32,530.00. Following the purchase, the director directly owned 1,000 shares of the company’s stock, valued at $32,530. The trade was a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 14,100 shares of company stock worth $450,877. 0.66% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Valvoline

A number of large investors have recently modified their holdings of VVV. Balefire LLC raised its stake in Valvoline by 47.4% during the 4th quarter. Balefire LLC now owns 90,798 shares of the basic materials company’s stock valued at $2,639,000 after acquiring an additional 29,204 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Valvoline during the fourth quarter worth approximately $20,334,000. Vaughan Nelson Investment Management L.P. raised its stake in shares of Valvoline by 6.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,881,998 shares of the basic materials company’s stock worth $97,066,000 after purchasing an additional 182,060 shares during the last quarter. Norges Bank purchased a new position in Valvoline in the 4th quarter valued at $39,651,000. Finally, Fiduciary Management Inc. WI grew its position in 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 buying an additional 220,642 shares during the last quarter. 96.13% of the stock is owned by hedge funds and other institutional investors.

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).