Insider Buying: Valvoline (NYSE:VVV) CAO Acquires 1,506 Shares of Stock

Valvoline (NYSE:VVVGet Free Report) CAO Jordan Denny acquired 1,506 shares of Valvoline stock in a transaction on Wednesday, August 12th. The shares were bought at an average cost of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the purchase, the chief accounting officer directly owned 4,121 shares of the company’s stock, valued at $136,817.20. The trade was a 57.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Valvoline Price Performance

NYSE:VVV opened at $33.76 on Friday. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 42.20 and a beta of 1.00. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.70 and a quick ratio of 0.58. The business has a 50 day simple moving average of $38.03 and a 200-day simple moving average of $35.85. Valvoline has a 1 year low of $28.50 and a 1 year high of $41.33.

Valvoline (NYSE:VVVGet Free Report) last released its earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $543.21 million. During the same quarter in the previous year, the company posted $0.47 EPS. The company’s revenue for the quarter 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 forecast that Valvoline will post 1.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VVV. Wells Fargo & Company boosted their price objective on shares of Valvoline from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Stephens upped their price target on shares of Valvoline from $44.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Piper Sandler reissued an “overweight” rating and issued a $44.00 price objective on shares of Valvoline in a research note on Wednesday, July 29th. Stifel Nicolaus boosted their target price on Valvoline from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $45.00 target price on shares of Valvoline in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Valvoline has a consensus rating of “Moderate Buy” and a consensus target price of $42.56.

Read Our Latest Report on VVV

Institutional Trading of Valvoline

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of Valvoline during the second quarter valued at $501,851,000. Vanguard Group Inc. increased its stake in Valvoline by 0.8% in 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 during the period. Boston Partners lifted its holdings in Valvoline by 20.6% during the 4th 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 lifted its holdings in Valvoline by 11.2% during the 4th quarter. Wellington Management Group LLP now owns 6,067,541 shares of the basic materials company’s stock valued at $176,323,000 after buying an additional 610,014 shares in the last quarter. Finally, Fiduciary Management Inc. WI boosted its position in Valvoline by 4.6% in the 4th quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after buying an additional 220,642 shares during the period. 96.13% of the stock is currently owned by institutional investors.

Valvoline Company Profile

(Get 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).

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