Leeward Investments LLC MA Acquires 82,898 Shares of Valvoline $VVV

Leeward Investments LLC MA grew its stake in shares of Valvoline (NYSE:VVV) by 13.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 686,412 shares of the basic materials company’s stock after purchasing an additional 82,898 shares during the quarter. Valvoline accounts for about 1.0% of Leeward Investments LLC MA’s holdings, making the stock its 28th biggest holding. Leeward Investments LLC MA’s holdings in Valvoline were worth $20,688,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VVV. BlackRock Inc. acquired a new stake in Valvoline in the 2nd quarter worth approximately $501,851,000. Hawk Ridge Capital Management LP grew its position in Valvoline by 15.0% during the 1st quarter. Hawk Ridge Capital Management LP now owns 3,147,810 shares of the basic materials company’s stock worth $106,018,000 after purchasing an additional 409,565 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Valvoline by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,973,851 shares of the basic materials company’s stock worth $100,156,000 after purchasing an additional 15,462 shares during the last quarter. Junto Capital Management LP acquired a new position in Valvoline during the 2nd quarter valued at approximately $81,689,000. Finally, Canada Pension Plan Investment Board acquired a new position in Valvoline during the 2nd quarter valued at approximately $52,960,000. 96.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Barclays decreased their price target on shares of Valvoline from $41.00 to $39.00 and set an “equal weight” rating for the company in a report on Tuesday, October 6th. Morgan Stanley reiterated a “buy” rating on shares of Valvoline in a research note on Thursday, October 1st. Stephens boosted their price objective on shares of Valvoline from $44.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Royal Bank Of Canada cut their target price on Valvoline from $49.00 to $46.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Piper Sandler reissued an “overweight” rating and issued a $44.00 target price on shares of Valvoline in a research report on Wednesday, July 29th. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $41.17.

Insider Activity at Valvoline

In related news, insider Julie O’Daniel sold 3,700 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $33.81, for a total value of $125,097.00. Following the transaction, the insider owned 14,279 shares in the company, valued at approximately $482,772.99. This represents a 20.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jordan Denny purchased 1,506 shares of Valvoline stock in a transaction on Wednesday, August 12th. The shares were acquired at an average cost of $33.20 per share, with a total value of $49,999.20. Following the completion of the transaction, the chief accounting officer directly owned 4,121 shares in the company, valued at $136,817.20. The trade was a 57.59% increase in their position. The SEC filing for this purchase provides additional information. 0.66% of the stock is currently owned by corporate insiders.

Valvoline Trading Down 0.2%

Shares of NYSE:VVV opened at $31.57 on Monday. Valvoline has a 52-week low of $26.21 and a 52-week high of $41.08. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 39.46 and a beta of 1.03. 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 business has a 50-day moving average price of $30.81 and a 200-day moving average price of $34.18.

Valvoline (NYSE:VVV) last released its 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. Valvoline had a return on equity of 65.12% and a net margin of 5.17%. The firm had revenue of $544.60 million during the quarter, compared to the consensus estimate of $543.21 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue was up 24.1% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Equities analysts predict that Valvoline will post 1.76 EPS for the current year.

Valvoline announced that its board has authorized a share buyback program on Tuesday, September 29th that allows the company to buy back $175.00 million in outstanding shares. This repurchase authorization allows the basic materials company to repurchase up to 4.8% of its shares through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Valvoline Company Profile

Valvoline Inc (NYSE: VVV) is an automotive maintenance services company that operates and franchises Valvoline Instant Oil Change service centers. Its locations provide preventive vehicle maintenance designed to help drivers keep their cars operating reliably and extend the useful life of key components.

The company’s services include oil changes, fluid replacement and top-offs, battery testing and replacement, air-conditioning services, tire rotation, tire services, and replacement of filters, wiper blades, and other routine maintenance items.