The Manufacturers Life Insurance Company Buys Shares of 92,055 Valvoline $VVV

Key Points

• The Manufacturers Life Insurance Company acquired 92,055 Valvoline shares worth approximately $3.64 million, while institutional investors collectively own 96.13% of the company.
• Analysts maintain a favorable outlook, with 12 Buy and five Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $42.88.
• Valvoline beat quarterly earnings expectations with EPS of $0.57 versus $0.50 projected, while revenue rose 24.1% year over year to $544.6 million; the stock recently opened at $31.80.

The Manufacturers Life Insurance Company acquired a new stake in Valvoline (NYSE:VVV - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 92,055 shares of the basic materials company's stock, valued at approximately $3,640,000. The Manufacturers Life Insurance Company owned approximately 0.07% of Valvoline as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VVV. Measured Wealth Private Client Group LLC bought a new stake in Valvoline during the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd lifted its stake in Valvoline by 1,621.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company's stock valued at $38,000 after buying an additional 989 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of Valvoline in the first quarter valued at approximately $42,000. Vestor Capital LLC boosted its holdings in shares of 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. Finally, UMB Bank n.a. increased its position in shares of Valvoline by 20.3% during the fourth quarter. UMB Bank n.a. now owns 1,906 shares of the basic materials company's stock worth $55,000 after acquiring an additional 321 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VVV. TD Cowen reiterated a "buy" rating on shares of Valvoline in a report on Wednesday, August 19th. The Goldman Sachs Group restated a "buy" rating and set a $45.00 target price on shares of Valvoline in a report on Thursday, May 7th. JPMorgan Chase & Co. upgraded shares of Valvoline from an "underweight" rating to a "neutral" rating and set a $35.00 price target on the stock in a research note on Friday, May 29th. Benchmark initiated coverage on shares of Valvoline in a research report on Wednesday, August 19th. They set a "buy" rating and a $48.00 price target on the stock. Finally, Stephens boosted their price target 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. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $42.88.

Insider Buying and Selling at Valvoline

In related news, insider Jonathan L. Caldwell sold 2,851 shares of the firm's stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the completion of the transaction, the insider owned 20,918 shares in the company, valued at $836,720. This trade represents a 11.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Julie Marie O'daniel sold 3,700 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $33.81, for a total transaction of $125,097.00. Following the transaction, the insider directly owned 14,279 shares of the company's stock, valued at $482,772.99. The trade was a 20.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.66% of the company's stock.

Valvoline Trading Down 0.8%

VVV stock opened at $31.80 on Wednesday. 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 $4.06 billion, a PE ratio of 39.75 and a beta of 1.00. Valvoline has a 52 week low of $28.50 and a 52 week high of $41.33. The company's 50-day simple moving average is $36.91 and its 200 day simple moving average is $35.68.

Valvoline (NYSE:VVV - Get Free Report) last released its earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, topping 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 return on equity of 65.12% and a net margin of 5.17%.Valvoline's quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, sell-side analysts anticipate that Valvoline will post 1.76 earnings per share for the current year.

About Valvoline

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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