Fiduciary Management Inc. WI Has $166.02 Million Stock Holdings in Valvoline $VVV

Key Points

• Fiduciary Management Inc. WI increased its stake in Valvoline by 13.0%, owning approximately 4.77 million shares, which represents about 3.75% of the company's total shares worth $166 million.
• Valvoline reported earnings per share of $0.47 for the last quarter, exceeding expectations and showing a 4.2% revenue increase compared to the previous year.
• Institutional investors control approximately 96.13% of Valvoline's shares, indicating strong institutional support for the stock.

Fiduciary Management Inc. WI increased its position in shares of Valvoline (NYSE:VVV - Free Report) by 13.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,769,346 shares of the basic materials company's stock after acquiring an additional 548,071 shares during the quarter. Valvoline makes up approximately 1.6% of Fiduciary Management Inc. WI's holdings, making the stock its 27th biggest holding. Fiduciary Management Inc. WI owned approximately 3.75% of Valvoline worth $166,021,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Boston Partners acquired a new position in shares of Valvoline during the 1st quarter valued at about $82,748,000. Squarepoint Ops LLC grew its stake in shares of Valvoline by 653.5% during the 4th quarter. Squarepoint Ops LLC now owns 1,147,254 shares of the basic materials company's stock valued at $41,508,000 after buying an additional 994,988 shares during the period. Channing Capital Management LLC purchased a new position in shares of Valvoline in the 1st quarter worth $25,985,000. Mawer Investment Management Ltd. boosted its holdings in Valvoline by 144.6% in the first quarter. Mawer Investment Management Ltd. now owns 1,224,420 shares of the basic materials company's stock valued at $42,622,000 after acquiring an additional 723,938 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in Valvoline during the first quarter valued at about $21,756,000. Hedge funds and other institutional investors own 96.13% of the company's stock.

Insider Buying and Selling at Valvoline

In other Valvoline news, CFO J Kevin Willis purchased 12,725 shares of the business's stock in a transaction dated Thursday, August 14th. The shares were bought at an average price of $39.41 per share, with a total value of $501,492.25. Following the completion of the acquisition, the chief financial officer owned 12,725 shares in the company, valued at approximately $501,492.25. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.66% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Zacks Research upgraded shares of Valvoline to a "hold" rating in a research note on Tuesday, August 12th. Stephens lifted their target price on shares of Valvoline from $40.00 to $44.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. The Goldman Sachs Group upgraded Valvoline from a "hold" rating to a "buy" rating and increased their price target for the company from $40.00 to $45.00 in a report on Tuesday, June 3rd. Morgan Stanley cut their price objective on Valvoline from $41.00 to $39.00 and set an "equal weight" rating on the stock in a research report on Friday, May 9th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $44.00 target price (down previously from $45.00) on shares of Valvoline in a research report on Friday, May 9th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.31.

Valvoline Stock Up 0.5%

Shares of VVV stock traded up $0.20 during trading hours on Wednesday, hitting $39.53. 350,460 shares of the company were exchanged, compared to its average volume of 1,726,300. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 18.39 and a beta of 1.17. Valvoline has a one year low of $31.01 and a one year high of $43.74. The business's 50-day simple moving average is $37.74 and its two-hundred day simple moving average is $36.15. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73.

Valvoline (NYSE:VVV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. Valvoline had a return on equity of 84.85% and a net margin of 16.43%.The firm had revenue of $439.00 million for the quarter, compared to analysts' expectations of $436.35 million. During the same period last year, the business posted $0.45 earnings per share. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. Sell-side analysts predict that Valvoline will post 1.63 EPS for the current fiscal year.

About Valvoline

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.