Research analysts at Barclays began coverage on shares of Valvoline (NYSE:VVV – Get Free Report) in a note issued to investors on Thursday, MarketBeat Ratings reports. The firm set an “equal weight” rating and a $35.00 price target on the basic materials company’s stock. Barclays‘s price target would indicate a potential upside of 1.17% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. Piper Sandler restated an “overweight” rating and set a $44.00 target price (up from $41.00) on shares of Valvoline in a report on Friday, May 8th. Royal Bank Of Canada increased their price target on Valvoline from $46.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. cut Valvoline from a “neutral” rating to an “underweight” rating and upped their price objective for the stock from $30.00 to $35.00 in a research note on Thursday, February 12th. Citigroup upped their price objective on Valvoline from $34.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Roth Mkm reiterated a “buy” rating and set a $46.00 price objective on shares of Valvoline in a research note on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Valvoline presently has an average rating of “Moderate Buy” and an average price target of $40.93.
Check Out Our Latest Analysis on VVV
Valvoline Trading Up 1.9%
Valvoline (NYSE:VVV – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The basic materials company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.06. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The business had revenue of $503.80 million for the quarter, compared to analysts’ expectations of $495.67 million. During the same quarter in the previous year, the business posted $0.34 EPS. Valvoline’s revenue for the quarter was up 25.0% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Sell-side analysts expect that Valvoline will post 1.74 earnings per share for the current fiscal year.
Insider Buying and Selling at Valvoline
In other news, Director Richard Joseph Freeland acquired 3,100 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $32.37 per share, with a total value of $100,347.00. Following the acquisition, the director directly owned 16,112 shares in the company, valued at $521,545.44. This represents a 23.82% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jennifer Lynn Slater acquired 1,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was purchased at an average cost of $32.53 per share, for a total transaction of $32,530.00. Following the completion of the acquisition, the director owned 1,000 shares in the company, valued at approximately $32,530. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 14,100 shares of company stock valued at $450,877 in the last ninety days. 0.66% of the stock is currently owned by corporate insiders.
Institutional Trading of Valvoline
Several large investors have recently modified their holdings of VVV. Eminence Capital LP acquired a new stake in shares of Valvoline during the 4th quarter worth $122,409,000. Hawk Ridge Capital Management LP grew its holdings in shares of Valvoline by 142.0% during the 4th quarter. Hawk Ridge Capital Management LP now owns 2,738,245 shares of the basic materials company’s stock worth $79,573,000 after purchasing an additional 1,606,810 shares in the last quarter. Boston Partners grew its holdings in shares of Valvoline by 39.2% during the 3rd quarter. Boston Partners now owns 5,537,621 shares of the basic materials company’s stock worth $198,835,000 after purchasing an additional 1,560,328 shares in the last quarter. Norges Bank acquired a new stake in shares of Valvoline during the 4th quarter worth $39,651,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Valvoline by 141.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,706,259 shares of the basic materials company’s stock valued at $49,584,000 after purchasing an additional 998,896 shares in the last quarter. 96.13% of the stock is owned by institutional investors and hedge funds.
Valvoline Company 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).
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