Fiduciary Management Inc. WI Has $166.02 Million Stock Position 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 lifted its position in shares of Valvoline (NYSE:VVV - Free Report) by 13.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,769,346 shares of the basic materials company's stock after purchasing an additional 548,071 shares during the quarter. Valvoline makes up about 1.6% of Fiduciary Management Inc. WI's investment portfolio, making the stock its 27th largest position. Fiduciary Management Inc. WI owned 3.75% of Valvoline worth $166,021,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Alua Capital Management LP grew its holdings in shares of Valvoline by 5.1% during the 4th quarter. Alua Capital Management LP now owns 3,605,281 shares of the basic materials company's stock worth $130,439,000 after purchasing an additional 175,848 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Valvoline by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,608,067 shares of the basic materials company's stock worth $94,362,000 after purchasing an additional 6,871 shares in the last quarter. Boston Partners bought a new position in shares of Valvoline during the 1st quarter worth approximately $82,748,000. Vaughan Nelson Investment Management L.P. lifted its position in shares of Valvoline by 29.7% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 2,045,198 shares of the basic materials company's stock worth $71,193,000 after buying an additional 467,885 shares during the period. Finally, Sculptor Capital LP lifted its position in shares of Valvoline by 0.6% during the 4th quarter. Sculptor Capital LP now owns 2,033,500 shares of the basic materials company's stock worth $73,572,000 after buying an additional 13,000 shares during the period. Institutional investors and hedge funds own 96.13% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on VVV. Wells Fargo & Company raised their target price on Valvoline from $42.00 to $44.00 and gave the stock an "overweight" rating in a research report on Thursday, August 7th. Morgan Stanley cut their target price on Valvoline from $41.00 to $39.00 and set an "equal weight" rating for the company in a research report on Friday, May 9th. Zacks Research upgraded Valvoline to a "hold" rating in a research report on Tuesday, August 12th. Piper Sandler restated an "overweight" rating and set a $44.00 target price (down previously from $45.00) on shares of Valvoline in a research report on Friday, May 9th. Finally, Citigroup cut their target price on Valvoline from $41.00 to $38.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.31.

Insiders Place Their Bets

In other news, CEO Lori Ann Flees bought 3,000 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was bought at an average price of $33.78 per share, for a total transaction of $101,340.00. Following the completion of the transaction, the chief executive officer directly owned 46,614 shares in the company, valued at $1,574,620.92. The trade was a 6.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO J Kevin Willis bought 12,725 shares of the company's stock in a transaction dated Thursday, August 14th. The shares were purchased at an average price of $39.41 per share, with a total value of $501,492.25. Following the transaction, the chief financial officer owned 12,725 shares of the company's stock, valued at $501,492.25. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.66% of the company's stock.

Valvoline Price Performance

VVV stock traded up $0.9680 during midday trading on Friday, reaching $39.8480. 857,417 shares of the company's stock traded hands, compared to its average volume of 1,745,813. The company has a 50-day simple moving average of $37.63 and a two-hundred day simple moving average of $36.12. Valvoline has a 1-year low of $31.01 and a 1-year high of $43.74. The company has a market cap of $5.07 billion, a price-to-earnings ratio of 18.53 and a beta of 1.17. The company has a quick ratio of 0.60, a current ratio of 0.73 and a debt-to-equity ratio of 3.37.

Valvoline (NYSE:VVV - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $436.35 million. During the same period last year, the firm posted $0.45 EPS. The business's revenue was up 4.2% on a year-over-year basis. On average, analysts anticipate that Valvoline will post 1.63 earnings per share for the current year.

Valvoline Profile

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.