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

The Manufacturers Life Insurance Company bought a new stake in shares of Valvoline (NYSE:VVV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 92,055 shares of the basic materials company’s stock, valued at approximately $3,640,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VVV. William Blair Investment Management LLC purchased a new stake in Valvoline in the 4th quarter valued at about $20,334,000. Fiduciary Management Inc. WI grew its holdings in shares of Valvoline by 4.6% in the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after acquiring an additional 220,642 shares in the last quarter. Norges Bank purchased a new stake in shares of Valvoline during the fourth quarter valued at approximately $39,651,000. Vaughan Nelson Investment Management L.P. lifted its holdings in Valvoline by 6.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,881,998 shares of the basic materials company’s stock worth $97,066,000 after acquiring an additional 182,060 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in Valvoline by 2,154.3% during the first quarter. Fifth Third Bancorp now owns 34,919 shares of the basic materials company’s stock worth $1,176,000 after acquiring an additional 33,370 shares during the period. 96.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Jonathan L. Caldwell sold 2,851 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $40.00, for a total transaction of $114,040.00. Following the transaction, the insider owned 20,918 shares in the company, valued at $836,720. The trade was a 11.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jordan M. Denny acquired 1,506 shares of Valvoline stock in a transaction on Wednesday, August 12th. The shares were bought at an average cost of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the transaction, the chief accounting officer owned 4,121 shares in the company, valued at approximately $136,817.20. This trade represents a 57.59% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.66% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

VVV has been the subject of several research analyst reports. Weiss Ratings raised Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Stephens increased their price target on shares of Valvoline from $44.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Benchmark began coverage on shares of Valvoline in a report on Wednesday, August 19th. They set a “buy” rating and a $48.00 price objective for the company. Stifel Nicolaus lifted their price objective on shares of Valvoline from $42.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 target price on the stock in a research note on Friday, May 29th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $42.88.

Valvoline Price Performance

Shares of NYSE:VVV opened at $31.80 on Wednesday. The company’s fifty day moving average price is $36.91 and its 200-day moving average price is $35.68. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.70 and a quick ratio of 0.58. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 39.75 and a beta of 1.00. Valvoline has a one year low of $28.50 and a one year high of $41.33.

Valvoline (NYSE:VVV) last posted its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. The firm had revenue of $544.60 million during 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 company’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. On average, equities research analysts anticipate that Valvoline will post 1.76 earnings per share for the current fiscal year.

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).