Rhumbline Advisers raised its holdings in Valvoline (NYSE:VVV – Free Report) by 0.8% during the second quarter, HoldingsChannel reports. The firm owned 402,242 shares of the basic materials company’s stock after acquiring an additional 3,106 shares during the quarter. Rhumbline Advisers’ holdings in Valvoline were worth $15,233,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of VVV. AlphaCore Capital LLC acquired a new position in shares of Valvoline during the 2nd quarter worth $220,000. CFC Planning Co LLC bought a new position in Valvoline in the second quarter valued at about $233,000. Legal & General Group Plc grew its position in Valvoline by 0.4% in the second quarter. Legal & General Group Plc now owns 213,729 shares of the basic materials company’s stock valued at $8,094,000 after acquiring an additional 804 shares during the last quarter. Primecap Management Co. CA raised its stake in Valvoline by 1.8% during the second quarter. Primecap Management Co. CA now owns 27,630 shares of the basic materials company’s stock worth $1,046,000 after acquiring an additional 500 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Valvoline by 38.9% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 12,610 shares of the basic materials company’s stock worth $478,000 after acquiring an additional 3,529 shares during the last quarter. Institutional investors own 96.13% of the company’s stock.
Wall Street Analysts Forecast Growth
VVV has been the topic of several research reports. Wells Fargo & Company decreased their price target on shares of Valvoline from $42.00 to $38.00 and set an “overweight” rating on the stock in a report on Thursday, November 20th. Citigroup decreased their target price on shares of Valvoline from $35.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Valvoline in a report on Wednesday, November 19th. Wall Street Zen downgraded Valvoline from a “hold” rating to a “sell” rating in a report on Friday, September 26th. Finally, Royal Bank Of Canada reduced their price objective on Valvoline from $48.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. Nine equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $38.85.
Insider Activity
In related news, CEO Lori Ann Flees purchased 4,500 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was bought 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 approximately $2,134,808.94. This represents a 6.95% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Julie Marie O’daniel sold 3,200 shares of Valvoline stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $31.88, for a total value of $102,016.00. Following the completion of the transaction, the insider directly owned 17,251 shares in the company, valued at approximately $549,961.88. This represents a 15.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.66% of the company’s stock.
Valvoline Price Performance
VVV stock opened at $31.86 on Friday. The company has a fifty day moving average price of $33.57 and a 200-day moving average price of $36.08. The company has a market capitalization of $4.05 billion, a P/E ratio of 14.82 and a beta of 1.20. Valvoline has a 52-week low of $29.29 and a 52-week high of $41.33. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73.
Valvoline (NYSE:VVV – Get Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The basic materials company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.02). The business had revenue of $453.80 million during the quarter, compared to the consensus estimate of $455.70 million. Valvoline had a return on equity of 84.85% and a net margin of 16.43%.During the same period in the prior year, the firm earned $0.46 EPS. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS. As a group, equities analysts expect that Valvoline will post 1.63 EPS for the current year.
Valvoline Company Profile
Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.
Recommended Stories
- Five stocks we like better than Valvoline
- Short Selling – The Pros and Cons
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- Insider Trading – What You Need to Know
- SoFi Technologies: From Fintech Speculation to Profit Engine
- ETF Screener: Uses and Step-by-Step Guide
- Gold to $5,000? What Bank of America and UBS Have to Say
Want to see what other hedge funds are holding VVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valvoline (NYSE:VVV – Free Report).
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.
