Valvoline (NYSE:VVV) CAO Jordan Denny Buys 1,506 Shares of Stock

Valvoline (NYSE:VVV) CAO Jordan Denny purchased 1,506 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were purchased at an average price of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the purchase, the chief accounting officer owned 4,121 shares of the company’s stock, valued at approximately $136,817.20. This trade represents a 57.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Valvoline Price Performance

Shares of NYSE:VVV opened at $34.07 on Friday. Valvoline has a 52 week low of $28.50 and a 52 week high of $41.33. The company has a 50-day moving average price of $38.00 and a 200 day moving average price of $35.83. The company has a market cap of $4.35 billion, a P/E ratio of 42.59 and a beta of 1.00. 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 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 analysts’ expectations of $543.21 million. Valvoline had a return on equity of 65.12% and a net margin of 5.17%.The firm’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Research analysts predict that Valvoline will post 1.76 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VVV. Measured Wealth Private Client Group LLC purchased a new stake in shares of Valvoline in the 1st quarter worth about $28,000. Caitong International Asset Management Co. Ltd raised its position in Valvoline by 1,621.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 989 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in shares of Valvoline in the first quarter valued at about $42,000. GAMMA Investing LLC grew its position in shares of Valvoline by 39.9% in the second quarter. GAMMA Investing LLC now owns 1,435 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 409 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Valvoline by 90.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on VVV shares. JPMorgan Chase & Co. raised 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. Citigroup reiterated a “neutral” rating on shares of Valvoline in a research note on Thursday, July 16th. Piper Sandler reissued an “overweight” rating and set a $44.00 price objective on shares of Valvoline in a report on Wednesday, July 29th. The Goldman Sachs Group restated a “buy” rating and set a $45.00 target price on shares of Valvoline in a research report on Thursday, May 7th. Finally, Zacks Research raised shares of Valvoline from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Valvoline presently has an average rating of “Moderate Buy” and a consensus price target of $42.56.

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).