TimesSquare Capital Management LLC Acquires Shares of 1,101,192 Valvoline $VVV

TimesSquare Capital Management LLC bought a new position in shares of Valvoline (NYSE:VVV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,101,192 shares of the basic materials company’s stock, valued at approximately $43,541,000.

A number of other large investors have also recently modified their holdings of VVV. Vanguard Group Inc. raised its holdings in shares of Valvoline by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock worth $358,121,000 after buying an additional 94,813 shares in the last quarter. Boston Partners boosted its stake in Valvoline by 20.6% in 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 in the last quarter. Wellington Management Group LLP grew its position in Valvoline by 11.2% in the fourth quarter. Wellington Management Group LLP now owns 6,067,541 shares of the basic materials company’s stock valued at $176,323,000 after acquiring an additional 610,014 shares during the last quarter. Fiduciary Management Inc. WI grew its position in Valvoline by 4.6% in the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after acquiring an additional 220,642 shares during the last quarter. Finally, Cooke & Bieler LP grew its position in Valvoline by 28.3% in the fourth quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock valued at $124,409,000 after acquiring an additional 944,095 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Stifel Nicolaus increased their target price on shares of Valvoline from $42.00 to $44.00 and gave the stock a “buy” rating in a report on Monday, May 11th. JPMorgan Chase & Co. raised shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price target on the stock in a report on Friday, May 29th. Citigroup reiterated a “neutral” rating on shares of Valvoline in a research report on Thursday, July 16th. Roth Capital reissued a “buy” rating and issued a $46.00 price objective on shares of Valvoline in a research note on Friday, May 8th. Finally, Barclays raised their target price on shares of Valvoline from $35.00 to $41.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.56.

Valvoline Price Performance

Shares of VVV opened at $33.75 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 3.77. The stock has a market cap of $4.31 billion, a PE ratio of 42.19 and a beta of 1.00. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33. The business has a 50-day simple moving average of $37.95 and a two-hundred day simple moving average of $35.86.

Valvoline (NYSE:VVV) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.57 EPS for the quarter, beating 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 return on equity of 65.12% and a net margin of 5.17%.The business’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period last year, the firm posted $0.47 earnings per share. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Analysts anticipate that Valvoline will post 1.76 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 completion of the transaction, the insider owned 20,918 shares in the company, valued at $836,720. This trade represents a 11.99% decrease in their position. The sale was disclosed in a 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, CAO Jordan M. Denny bought 1,506 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired 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 trade represents a 57.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.66% of the stock is owned by company 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).