Wellington Management Group LLP Sells 1,046,121 Shares of Valvoline $VVV

Wellington Management Group LLP trimmed its stake in Valvoline (NYSE:VVV) by 18.3% in the second quarter, HoldingsChannel reports. The firm owned 4,657,248 shares of the basic materials company’s stock after selling 1,046,121 shares during the period. Wellington Management Group LLP’s holdings in Valvoline were worth $184,148,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Valvoline during the 2nd quarter valued at $501,851,000. Vanguard Group Inc. lifted its stake in shares of 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 grew 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 valued at $194,449,000 after buying an additional 1,142,290 shares during the last quarter. Fiduciary Management Inc. WI increased its position in shares of Valvoline by 4.6% during the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock worth $144,497,000 after acquiring an additional 220,642 shares in the last quarter. Finally, Cooke & Bieler LP boosted its stake in 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 purchasing an additional 944,095 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Stock Performance

Shares of VVV opened at $32.04 on Tuesday. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 3.77. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 40.05 and a beta of 1.00. The stock has a 50 day moving average of $37.04 and a 200 day moving average of $35.73. 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 results 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 business had revenue of $544.60 million for the quarter, compared to analyst estimates of $543.21 million. Valvoline had a return on equity of 65.12% and a net margin of 5.17%.Valvoline’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period last year, the company posted $0.47 earnings per share. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, sell-side analysts forecast that Valvoline will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VVV. Royal Bank Of Canada lowered their price objective on Valvoline from $47.00 to $46.00 and set an “outperform” rating for the company in a research note on Thursday, August 6th. Citigroup reiterated a “neutral” rating on shares of Valvoline in a report on Thursday, July 16th. Stephens raised their price objective on Valvoline from $44.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Roth Capital reiterated a “buy” rating and issued a $46.00 target price on shares of Valvoline in a research note on Friday, May 8th. Finally, Barclays increased their target price on shares of Valvoline from $35.00 to $41.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Twelve research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Valvoline presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.88.

Insider Transactions at Valvoline

In related news, CAO Jordan M. Denny purchased 1,506 shares of Valvoline stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average price of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the transaction, the chief accounting officer owned 4,121 shares in the company, valued at $136,817.20. This represents a 57.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Julie Marie O’daniel sold 3,700 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $33.81, for a total transaction of $125,097.00. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.66% of the company’s stock.

Valvoline 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).