Wasatch Advisors LP Decreases Stake in Valvoline $VVV

Wasatch Advisors LP lessened its holdings in shares of Valvoline (NYSE:VVV) by 24.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,074,830 shares of the basic materials company’s stock after selling 1,921,179 shares during the quarter. Valvoline accounts for about 1.6% of Wasatch Advisors LP’s investment portfolio, making the stock its 16th largest holding. Wasatch Advisors LP’s holdings in Valvoline were worth $240,199,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Valvoline by 298.5% in the first quarter. Royal Bank of Canada now owns 253,447 shares of the basic materials company’s stock worth $8,822,000 after acquiring an additional 189,842 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Valvoline by 4.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock valued at $29,887,000 after acquiring an additional 37,657 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Valvoline by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 487,609 shares of the basic materials company’s stock valued at $16,974,000 after acquiring an additional 20,947 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Valvoline by 15.7% during the 1st quarter. Jane Street Group LLC now owns 124,071 shares of the basic materials company’s stock valued at $4,319,000 after acquiring an additional 16,865 shares in the last quarter. Finally, Creative Planning lifted its holdings in shares of Valvoline by 40.1% during the 2nd quarter. Creative Planning now owns 8,225 shares of the basic materials company’s stock valued at $311,000 after acquiring an additional 2,353 shares in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on VVV. TD Cowen lowered their price target on Valvoline from $47.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Citigroup restated a “neutral” rating on shares of Valvoline in a research note on Thursday, July 16th. Royal Bank Of Canada decreased their target price on Valvoline from $47.00 to $46.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Weiss Ratings upgraded Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $45.00 price target on shares of Valvoline in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $42.56.

Valvoline Stock Performance

Valvoline stock opened at $32.98 on Wednesday. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 41.22 and a beta of 1.00. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.70 and a quick ratio of 0.58. The firm’s fifty day moving average price is $38.09 and its 200 day moving average price is $35.84.

Valvoline (NYSE:VVV) last issued 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. The firm had revenue of $544.60 million for the quarter, compared to analyst estimates of $543.21 million. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 EPS. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. On average, research analysts forecast that Valvoline will post 1.75 EPS for the current fiscal year.

Insiders Place Their Bets

In other Valvoline 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 acquired at an average price of $32.53 per share, for a total transaction of $32,530.00. Following the completion of the purchase, the director owned 1,000 shares in the company, valued at $32,530. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard Joseph Freeland purchased 3,100 shares of Valvoline stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $32.37 per share, with a total value of $100,347.00. Following the acquisition, the director directly owned 16,112 shares of the company’s stock, valued at $521,545.44. The trade was a 23.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 14,100 shares of company stock worth $450,877. 0.66% of the stock is owned by insiders.

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).