Valvoline (NYSE:VVV) Price Target Raised to $40.00 at Wells Fargo & Company

Valvoline (NYSE:VVVGet Free Report) had its price objective raised by Wells Fargo & Company from $38.00 to $40.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the basic materials company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 9.85% from the stock’s current price.

Other research analysts have also issued reports about the stock. Mizuho reduced their price target on shares of Valvoline from $43.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. The Goldman Sachs Group restated a “buy” rating and issued a $43.00 target price on shares of Valvoline in a research note on Wednesday. Roth Mkm began coverage on Valvoline in a report on Wednesday, December 17th. They issued a “buy” rating and a $42.00 price target on the stock. Jefferies Financial Group began coverage on Valvoline in a report on Wednesday, December 17th. They set a “buy” rating and a $40.00 price objective for the company. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Valvoline in a research report on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $39.75.

Read Our Latest Stock Analysis on Valvoline

Valvoline Stock Performance

Shares of NYSE:VVV traded up $0.81 during midday trading on Thursday, reaching $36.41. 1,344,935 shares of the company traded hands, compared to its average volume of 2,102,039. The firm’s fifty day moving average price is $31.15 and its two-hundred day moving average price is $34.27. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 22.19 and a beta of 1.19. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 3.10. Valvoline has a 12 month low of $28.50 and a 12 month high of $41.33.

Valvoline (NYSE:VVVGet Free Report) last posted its earnings results on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. Valvoline had a return on equity of 72.49% and a net margin of 12.32%.The business had revenue of $461.80 million during the quarter, compared to analyst estimates of $466.87 million. During the same quarter in the previous year, the firm earned $0.32 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities analysts expect that Valvoline will post 1.63 earnings per share for the current year.

Insider Transactions at Valvoline

In related news, CEO Lori Ann Flees acquired 4,500 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was purchased at an average price of $30.82 per share, with a total value of $138,690.00. Following the completion of the purchase, the chief executive officer owned 69,267 shares in the company, valued at $2,134,808.94. This trade represents a 6.95% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Julie Marie O’daniel sold 3,200 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $31.88, for a total transaction of $102,016.00. Following the completion of the sale, the insider directly owned 17,251 shares in the company, valued at approximately $549,961.88. This trade represents a 15.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.66% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Valvoline by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock worth $358,121,000 after buying an additional 94,813 shares during the period. Boston Partners raised its holdings in shares of Valvoline by 39.2% during the third quarter. Boston Partners now owns 5,537,621 shares of the basic materials company’s stock valued at $198,835,000 after acquiring an additional 1,560,328 shares in the last quarter. Cooke & Bieler LP lifted its stake in Valvoline by 14.4% in the third quarter. Cooke & Bieler LP now owns 3,337,000 shares of the basic materials company’s stock worth $119,832,000 after acquiring an additional 419,094 shares during the period. Sculptor Capital LP boosted its holdings in Valvoline by 47.5% in the second quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock valued at $113,610,000 after acquiring an additional 966,500 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. increased its position in Valvoline by 18.1% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,699,938 shares of the basic materials company’s stock valued at $78,460,000 after purchasing an additional 413,520 shares during the period. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Valvoline News Summary

Here are the key news stories impacting Valvoline this week:

About Valvoline

(Get Free Report)

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).

Featured Articles

Analyst Recommendations for Valvoline (NYSE:VVV)

Receive News & Ratings for Valvoline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valvoline and related companies with MarketBeat.com's FREE daily email newsletter.