Valvoline (NYSE:VVV) Price Target Raised to $47.00

Valvoline (NYSE:VVV) had its target price raised by TD Cowen from $42.00 to $47.00 in a research note issued to investors on Monday, Marketbeat.com reports. TD Cowen currently has a buy rating on the basic materials company’s stock.

A number of other analysts also recently weighed in on VVV. Royal Bank Of Canada raised their price target on shares of Valvoline from $46.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Valvoline in a research report on Friday, May 29th. Roth Capital restated a “buy” rating and issued a $46.00 target price on shares of Valvoline in a research note on Friday, May 8th. Stifel Nicolaus increased their price target 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, Piper Sandler reiterated an “overweight” rating and issued a $44.00 price target (up from $41.00) on shares of Valvoline in a research note on Friday, May 8th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $42.50.

Valvoline Stock Down 1.2%

Shares of NYSE:VVV opened at $38.98 on Monday. The stock has a 50-day simple moving average of $36.92 and a 200-day simple moving average of $35.21. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.61 and a current ratio of 0.73. Valvoline has a 1 year low of $28.50 and a 1 year high of $41.33. The stock has a market capitalization of $4.97 billion, a P/E ratio of 53.40 and a beta of 0.99.

Valvoline (NYSE:VVV) last announced its quarterly earnings results on Thursday, May 7th. The basic materials company reported $0.41 earnings per share (EPS) 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 firm had revenue of $503.80 million during the quarter, compared to the consensus estimate of $495.67 million. During the same period in the prior year, the firm earned $0.34 EPS. The firm’s quarterly revenue was up 25.0% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Equities analysts forecast that Valvoline will post 1.75 earnings per share for the current year.

Insider Buying and Selling at Valvoline

In other news, insider Jonathan L. Caldwell sold 2,851 shares of Valvoline stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the completion of the transaction, the insider directly owned 20,918 shares of the company’s stock, valued at approximately $836,720. The trade was a 11.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jennifer Lynn Slater acquired 1,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $32.53 per share, with a total value of $32,530.00. Following the transaction, the director owned 1,000 shares in the company, valued at approximately $32,530. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 14,100 shares of company stock worth $450,877 in the last ninety days. 0.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Valvoline

A number of large investors have recently bought and sold shares of the business. Balefire LLC lifted its holdings in shares of Valvoline by 47.4% in the 4th quarter. Balefire LLC now owns 90,798 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 29,204 shares during the last quarter. William Blair Investment Management LLC bought a new position in Valvoline during the 4th quarter worth $20,334,000. Vaughan Nelson Investment Management L.P. grew its stake in Valvoline by 6.7% during the 1st 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 buying an additional 182,060 shares during the last quarter. Norges Bank acquired a new stake in Valvoline in the fourth quarter worth $39,651,000. Finally, Fiduciary Management Inc. WI increased its position in 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 worth $144,497,000 after buying an additional 220,642 shares during the period. Institutional investors own 96.13% of the company’s stock.

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).