Victory Capital Management Inc. Increases Position in Valvoline $VVV

Victory Capital Management Inc. increased its holdings in Valvoline (NYSE:VVV) by 23.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,203,545 shares of the basic materials company’s stock after buying an additional 412,177 shares during the period. Victory Capital Management Inc.’s holdings in Valvoline were worth $79,129,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of VVV. Bayforest Capital Ltd purchased a new position in Valvoline in the third quarter worth $39,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Valvoline during the 2nd quarter worth $43,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Valvoline by 90.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock worth $55,000 after buying an additional 691 shares during the last quarter. Vestor Capital LLC grew its position in Valvoline by 39.7% during the second quarter. Vestor Capital LLC now owns 2,300 shares of the basic materials company’s stock valued at $87,000 after buying an additional 654 shares during the period. Finally, GAMMA Investing LLC grew its position in Valvoline by 14.9% during the third quarter. GAMMA Investing LLC now owns 2,348 shares of the basic materials company’s stock valued at $84,000 after buying an additional 304 shares during the period. 96.13% of the stock is currently owned by institutional investors.

Valvoline Stock Performance

Shares of VVV stock opened at $36.05 on Friday. The stock has a market capitalization of $4.59 billion, a P/E ratio of 53.81 and a beta of 1.16. The company has a current ratio of 0.70, a quick ratio of 0.57 and a debt-to-equity ratio of 5.31. The firm’s 50 day moving average is $34.29 and its 200 day moving average is $34.42. Valvoline has a 12 month low of $28.50 and a 12 month high of $41.33.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The business had revenue of $461.80 million during the quarter, compared to analyst estimates of $466.87 million. During the same period in the previous year, the business earned $0.32 EPS. Valvoline’s revenue was up 11.5% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. On average, sell-side analysts anticipate that Valvoline will post 1.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on VVV shares. Stephens lifted their price objective on shares of Valvoline from $38.00 to $44.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Robert W. Baird decreased their price target on shares of Valvoline from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Jefferies Financial Group assumed coverage on Valvoline in a research note on Wednesday, December 17th. They issued a “buy” rating and a $40.00 price objective on the stock. Citigroup increased their price objective on Valvoline from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada raised their target price on Valvoline from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $40.25.

Insider Buying and Selling at Valvoline

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 transaction of $166,227.60. Following the sale, the insider directly 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 document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.66% of the company’s stock.

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).