Oppenheimer Asset Management Inc. decreased its position in Valvoline (NYSE:VVV – Free Report) by 22.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,618 shares of the basic materials company’s stock after selling 17,678 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Valvoline were worth $1,791,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in VVV. Royal Bank of Canada raised its holdings in Valvoline by 298.5% in the first quarter. Royal Bank of Canada now owns 253,447 shares of the basic materials company’s stock valued at $8,822,000 after acquiring an additional 189,842 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Valvoline by 4.6% during the first quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock worth $29,887,000 after purchasing an additional 37,657 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Valvoline by 4.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 487,609 shares of the basic materials company’s stock worth $16,974,000 after purchasing an additional 20,947 shares in the last quarter. Jane Street Group LLC raised its holdings in Valvoline by 15.7% during the first quarter. Jane Street Group LLC now owns 124,071 shares of the basic materials company’s stock worth $4,319,000 after purchasing an additional 16,865 shares in the last quarter. Finally, Creative Planning raised its holdings in Valvoline by 40.1% during the second quarter. Creative Planning now owns 8,225 shares of the basic materials company’s stock worth $311,000 after purchasing an additional 2,353 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.
Insider Activity
In other news, insider Julie Marie O’daniel sold 4,312 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $38.55, for a total transaction of $166,227.60. Following the transaction, the insider directly owned 17,979 shares in the company, valued at approximately $693,090.45. This trade represents a 19.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.66% of the company’s stock.
Valvoline Stock Performance
Valvoline (NYSE:VVV – Get Free Report) last announced its earnings results on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. The business had revenue of $461.80 million for the quarter, compared to analyst estimates of $466.87 million. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the firm posted $0.32 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, equities analysts predict that Valvoline will post 1.7 EPS for the current year.
Analyst Ratings Changes
A number of analysts have weighed in on VVV shares. The Goldman Sachs Group reissued a “buy” rating and set a $43.00 price objective on shares of Valvoline in a report on Wednesday, February 4th. Weiss Ratings raised shares of Valvoline from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. cut shares of Valvoline from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $30.00 to $35.00 in a report on Thursday, February 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $46.00 price objective on shares of Valvoline in a report on Monday, March 30th. Finally, Truist Financial set a $38.00 price objective on shares of Valvoline in a report on Monday, January 26th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $40.40.
Check Out Our Latest Stock Analysis on VVV
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).
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