Commerce Bank purchased a new stake in Valvoline (NYSE:VVV - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 252,906 shares of the basic materials company's stock, valued at approximately $10,000,000. Commerce Bank owned 0.20% of Valvoline as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new stake in Valvoline during the 1st quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Valvoline by 1,621.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company's stock worth $38,000 after acquiring an additional 989 shares in the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Valvoline in the first quarter worth $42,000. GAMMA Investing LLC boosted its holdings in shares of Valvoline by 39.9% in the second quarter. GAMMA Investing LLC now owns 1,435 shares of the basic materials company's stock worth $57,000 after acquiring an additional 409 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Valvoline by 90.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company's stock valued at $55,000 after purchasing an additional 691 shares in the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.
Valvoline Stock Down 0.1%
VVV opened at $33.92 on Monday. The firm has a market capitalization of $4.33 billion, a P/E ratio of 42.40 and a beta of 1.00. Valvoline has a one year low of $28.50 and a one year high of $41.33. The company has a fifty day moving average price of $37.68 and a 200-day moving average price of $35.89. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.70 and a quick ratio of 0.58.
Valvoline (NYSE:VVV - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.07. The company had revenue of $544.60 million for the quarter, compared to the consensus estimate of $543.21 million. Valvoline had a return on equity of 65.12% and a net margin of 5.17%.The firm's revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 earnings per share. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Equities research analysts expect that Valvoline will post 1.76 earnings per share for the current fiscal year.
Insider Transactions at Valvoline
In other Valvoline news, CAO Jordan M. Denny purchased 1,506 shares of the stock in a transaction on Wednesday, August 12th. The shares were purchased at an average price of $33.20 per share, with a total value of $49,999.20. Following the acquisition, the chief accounting officer directly owned 4,121 shares in the company, valued at approximately $136,817.20. The trade was a 57.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan L. Caldwell sold 2,851 shares of Valvoline stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the sale, the insider owned 20,918 shares of the company's stock, valued at approximately $836,720. This trade represents a 11.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.66% of the stock is owned by corporate insiders.
Analyst Ratings Changes
A number of analysts recently issued reports on VVV shares. The Goldman Sachs Group reiterated a "buy" rating and set a $45.00 price objective on shares of Valvoline in a research note on Thursday, May 7th. JPMorgan Chase & Co. upgraded Valvoline from an "underweight" rating to a "neutral" rating and set a $35.00 target price for the company in a research note on Friday, May 29th. Piper Sandler reaffirmed an "overweight" rating and set a $44.00 target price on shares of Valvoline in a report on Wednesday, July 29th. New Street Research set a $47.00 price target on Valvoline in a research report on Monday, July 20th. Finally, Stephens increased their price target on shares of Valvoline from $44.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Valvoline has a consensus rating of "Moderate Buy" and a consensus target price of $42.88.
Get Our Latest Stock Analysis on VVV
About Valvoline
(
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).
Featured Articles
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.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Valvoline, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valvoline wasn't on the list.
While Valvoline currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
