Valvoline $VVV Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in shares of Valvoline (NYSE:VVVFree Report) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 2,446,752 shares of the basic materials company’s stock after acquiring an additional 36,943 shares during the period. Geode Capital Management LLC’s holdings in Valvoline were worth $71,117,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balefire LLC grew its holdings in Valvoline by 47.4% during the 4th quarter. Balefire LLC now owns 90,798 shares of the basic materials company’s stock worth $2,639,000 after acquiring an additional 29,204 shares in the last quarter. TimesSquare Capital Management LLC grew its holdings in Valvoline by 3.2% during the 3rd quarter. TimesSquare Capital Management LLC now owns 922,502 shares of the basic materials company’s stock worth $33,127,000 after acquiring an additional 28,259 shares in the last quarter. Broyhill Asset Management LLC acquired a new position in Valvoline during the 3rd quarter worth approximately $3,616,000. CIBC Bancorp USA Inc. acquired a new position in Valvoline during the 3rd quarter worth approximately $25,394,000. Finally, Fieldview Capital Management LLC acquired a new position in Valvoline during the 3rd quarter worth approximately $3,287,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on VVV. JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price target for the company in a report on Friday, May 29th. Roth Mkm reiterated a “buy” rating and set a $46.00 price target on shares of Valvoline in a report on Friday, May 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $45.00 price target on shares of Valvoline in a report on Thursday, May 7th. Piper Sandler reiterated an “overweight” rating and set a $44.00 price target (up from $41.00) on shares of Valvoline in a report on Friday, May 8th. Finally, TD Cowen reiterated a “buy” rating on shares of Valvoline in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $40.93.

Read Our Latest Stock Report on VVV

Valvoline Stock Up 1.5%

Shares of NYSE:VVV opened at $36.27 on Tuesday. The company has a market capitalization of $4.63 billion, a PE ratio of 49.69 and a beta of 1.02. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 4.61. Valvoline has a twelve month low of $28.50 and a twelve month high of $41.33. The firm has a 50 day simple moving average of $33.68 and a 200-day simple moving average of $33.36.

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

Insider Transactions at Valvoline

In related news, Director Jennifer Lynn Slater acquired 1,000 shares of Valvoline stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $32.53 per share, for a total transaction of $32,530.00. Following the transaction, the director owned 1,000 shares of the company’s stock, valued at $32,530. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard Joseph Freeland acquired 3,100 shares of Valvoline stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $32.37 per share, with a total value of $100,347.00. Following the transaction, the director directly owned 16,112 shares in the company, valued at approximately $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 quarter, insiders purchased 14,100 shares of company stock worth $450,877. 0.66% of the stock is currently owned by insiders.

Valvoline Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Valvoline (NYSE:VVV)

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