Public Employees Retirement System of Ohio Makes New $1.56 Million Investment in Valvoline $VVV

Key Points

• Public Employees Retirement System of Ohio acquired 39,451 Valvoline shares worth approximately $1.56 million in the second quarter. Institutional investors collectively own 96.13% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $42.88; 12 analysts rate the stock a Buy and five rate it a Hold.
• Valvoline reported quarterly earnings of $0.57 per share, beating estimates by $0.07, while revenue rose 24.1% year over year to $544.6 million. The stock opened at $32.01, below its 52-week high of $41.33.

Public Employees Retirement System of Ohio bought a new stake in Valvoline (NYSE:VVV - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 39,451 shares of the basic materials company's stock, valued at approximately $1,560,000.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in Valvoline in the 1st quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its position in Valvoline by 1,621.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company's stock worth $38,000 after buying an additional 989 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in shares of Valvoline during the first quarter worth $42,000. GAMMA Investing LLC lifted its holdings in shares of Valvoline by 39.9% during the second quarter. GAMMA Investing LLC now owns 1,435 shares of the basic materials company's stock worth $57,000 after buying an additional 409 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Valvoline by 90.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company's stock worth $55,000 after buying an additional 691 shares in the last quarter. Institutional investors own 96.13% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on VVV shares. Weiss Ratings upgraded shares of Valvoline from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, August 6th. Piper Sandler reissued an "overweight" rating and issued a $44.00 price objective on shares of Valvoline in a report on Wednesday, July 29th. Royal Bank Of Canada decreased their target price on shares of Valvoline from $47.00 to $46.00 and set an "outperform" rating on the stock in a research report on Thursday, August 6th. Stephens raised their target price on shares of Valvoline from $44.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Finally, Zacks Research downgraded shares of Valvoline from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 19th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.88.

Valvoline Stock Performance

Shares of NYSE:VVV opened at $32.01 on Tuesday. The company's 50 day simple moving average is $36.28 and its 200 day simple moving average is $35.49. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 40.01 and a beta of 0.99. 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 has a 1 year low of $28.50 and a 1 year high of $41.33.

Valvoline (NYSE:VVV - Get Free Report) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $543.21 million. During the same quarter last year, the business posted $0.47 EPS. 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. As a group, research analysts predict that Valvoline will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Valvoline news, CAO Jordan Denny acquired 1,506 shares of Valvoline stock in a transaction that occurred 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 purchase, the chief accounting officer directly owned 4,121 shares of the company's stock, valued at $136,817.20. This represents a 57.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Julie O'Daniel sold 3,700 shares of Valvoline stock in a transaction dated Friday, August 21st. The shares were 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 in the company, valued at approximately $482,772.99. This represents a 20.58% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.66% of the stock is owned by corporate insiders.

Valvoline Company Profile

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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