22,048 Shares in Valvoline $VVV Purchased by State of Wyoming

State of Wyoming bought a new position in Valvoline (NYSE:VVV) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,048 shares of the basic materials company’s stock, valued at approximately $872,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Alpine Woods Capital Investors LLC grew its holdings in shares of Valvoline by 2.5% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 10,866 shares of the basic materials company’s stock worth $316,000 after purchasing an additional 267 shares in the last quarter. Orion Porfolio Solutions LLC raised its stake in Valvoline by 1.0% in the second quarter. Orion Porfolio Solutions LLC now owns 28,510 shares of the basic materials company’s stock valued at $1,080,000 after purchasing an additional 277 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Valvoline by 4.2% in the fourth quarter. Quadrant Capital Group LLC now owns 7,912 shares of the basic materials company’s stock valued at $230,000 after purchasing an additional 319 shares in the last quarter. UMB Bank n.a. lifted its position in Valvoline by 20.3% during the fourth quarter. UMB Bank n.a. now owns 1,906 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 321 shares during the last quarter. Finally, SummitTX Capital L.P. lifted its position in Valvoline by 3.8% during the fourth quarter. SummitTX Capital L.P. now owns 9,008 shares of the basic materials company’s stock valued at $262,000 after purchasing an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. New Street Research set a $47.00 price target on shares of Valvoline in a report on Monday, July 20th. Citigroup reaffirmed a “neutral” rating on shares of Valvoline in a report on Thursday, July 16th. JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 target price for the company in a research report on Friday, May 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $45.00 target price on shares of Valvoline in a research note on Thursday, May 7th. Finally, Roth Capital restated a “buy” rating and set a $46.00 price target on shares of Valvoline in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $42.56.

Valvoline Price Performance

Shares of NYSE:VVV opened at $34.07 on Friday. The stock has a market cap of $4.35 billion, a PE ratio of 42.59 and a beta of 1.00. The company’s fifty day moving average is $38.00 and its 200 day moving average is $35.83. Valvoline has a 52 week low of $28.50 and a 52 week high of $41.33. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 3.77.

Valvoline (NYSE:VVV) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The business had revenue of $544.60 million during the quarter, compared to the consensus estimate of $543.21 million. During the same period in the previous year, the firm posted $0.47 earnings per share. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Research analysts anticipate that Valvoline will post 1.76 earnings per share for the current year.

Insider Transactions at Valvoline

In related news, CAO Jordan M. Denny bought 1,506 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of $33.20 per share, for a total transaction of $49,999.20. Following the acquisition, the chief accounting officer directly owned 4,121 shares of the company’s stock, valued at $136,817.20. The trade was a 57.59% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $40.00, for a total value of $114,040.00. Following the transaction, the insider owned 20,918 shares in the company, valued at approximately $836,720. The trade was a 11.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.66% of the company’s stock.

Valvoline 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).