Bank of America Corp DE Makes New Investment in Valvoline $VVV

Key Points

• Bank of America acquired 1.18 million Valvoline shares worth approximately $46.5 million, giving it a 0.92% stake. Institutional investors collectively own 96.13% of the company.
• Valvoline exceeded quarterly expectations, reporting $0.57 in EPS versus the $0.50 consensus and $544.6 million in revenue, up 24.1% year over year. The company maintained fiscal 2026 EPS guidance of $1.70–$1.75.
• VVV shares opened at $26.56, near their 52-week low of $26.21, despite analysts maintaining a “Moderate Buy” consensus with an average price target of $43.06.

Bank of America Corp DE purchased a new stake in Valvoline (NYSE:VVV - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,176,376 shares of the basic materials company's stock, valued at approximately $46,514,000. Bank of America Corp DE owned about 0.92% of Valvoline at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of Valvoline during the first quarter worth $28,000. Cedar Mountain Advisors LLC acquired a new position in Valvoline in the first quarter valued at $42,000. Vestor Capital LLC lifted its holdings in Valvoline by 169.4% in the first quarter. Vestor Capital LLC now owns 1,646 shares of the basic materials company's stock valued at $55,000 after buying an additional 1,035 shares during the period. Clearstead Advisors LLC boosted its position in Valvoline by 228.4% during the fourth quarter. Clearstead Advisors LLC now owns 1,921 shares of the basic materials company's stock valued at $56,000 after acquiring an additional 1,336 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Valvoline by 39.9% during the second quarter. GAMMA Investing LLC now owns 1,435 shares of the basic materials company's stock valued at $57,000 after acquiring an additional 409 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company's stock.

Insider Buying and Selling at Valvoline

In other Valvoline news, insider Jonathan Caldwell sold 2,851 shares of Valvoline stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $40.00, for a total transaction of $114,040.00. Following the completion of the sale, the insider owned 20,918 shares of the company's stock, valued at $836,720. The trade was a 11.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Julie O'Daniel sold 3,700 shares of the company's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $33.81, for a total value of $125,097.00. Following the completion of the transaction, the insider owned 14,279 shares of the company's stock, valued at $482,772.99. The trade was a 20.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.66% of the company's stock.

Valvoline Stock Down 0.7%

VVV stock opened at $26.56 on Tuesday. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.58 and a current ratio of 0.70. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 33.20 and a beta of 0.99. Valvoline has a fifty-two week low of $26.21 and a fifty-two week high of $41.08. The stock has a fifty day moving average of $34.31 and a 200-day moving average of $34.82.

Valvoline (NYSE:VVV - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.07. The company had revenue of $544.60 million for the quarter, compared to analyst estimates of $543.21 million. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The company's quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, equities research analysts predict that Valvoline will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on VVV. JPMorgan Chase & Co. raised shares of Valvoline from an "underweight" rating to a "neutral" rating and set a $35.00 price target for the company in a research note on Friday, May 29th. Stephens increased their price objective on shares of Valvoline from $44.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 28th. Royal Bank Of Canada boosted their price objective on Valvoline from $46.00 to $49.00 and gave the company an "outperform" rating in a report on Friday, September 11th. Piper Sandler reaffirmed an "overweight" rating and set a $44.00 target price on shares of Valvoline in a research report on Wednesday, July 29th. Finally, Barclays lifted their price target 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. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.06.

Valvoline Company Profile

Valvoline Inc NYSE: VVV is an automotive maintenance company focused on quick, convenient vehicle services. Through its company-operated and franchised service centers, the company provides oil changes and other routine maintenance designed to help extend vehicle performance and reliability.

Its services generally include conventional and synthetic oil changes, tire rotations, battery replacement, air-filter and wiper-blade replacement, fluid services, and other preventive maintenance.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.