TD Asset Management Inc Invests $1.11 Million in Valvoline $VVV

TD Asset Management Inc purchased a new stake in shares of Valvoline (NYSE:VVV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,998 shares of the basic materials company’s stock, valued at approximately $1,113,000.

Other hedge funds have also recently bought and sold shares of the company. Boston Partners boosted its position in Valvoline by 67.3% during the 2nd quarter. Boston Partners now owns 3,977,293 shares of the basic materials company’s stock worth $150,604,000 after acquiring an additional 1,599,973 shares during the period. Norges Bank acquired a new stake in shares of Valvoline during the second quarter worth approximately $57,739,000. Mawer Investment Management Ltd. boosted its holdings in shares of Valvoline by 118.8% during the second quarter. Mawer Investment Management Ltd. now owns 2,678,878 shares of the basic materials company’s stock worth $101,449,000 after purchasing an additional 1,454,458 shares during the period. Channing Capital Management LLC grew its position in Valvoline by 189.8% during the second quarter. Channing Capital Management LLC now owns 2,163,631 shares of the basic materials company’s stock valued at $81,937,000 after purchasing an additional 1,417,156 shares in the last quarter. Finally, Sculptor Capital LP increased its stake in Valvoline by 47.5% in the 2nd quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock valued at $113,610,000 after buying an additional 966,500 shares during the period. 96.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VVV shares. Wall Street Zen raised shares of Valvoline from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Mizuho set a $40.00 price objective on Valvoline in a research report on Thursday, February 5th. Wells Fargo & Company boosted their target price on Valvoline from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Zacks Research raised Valvoline from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Stifel Nicolaus set a $40.00 price target on Valvoline in a report on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Valvoline has a consensus rating of “Moderate Buy” and a consensus target price of $40.25.

Valvoline Trading Down 2.4%

Shares of VVV stock opened at $36.05 on Friday. Valvoline has a 12 month low of $28.50 and a 12 month high of $41.33. The company has a market cap of $4.59 billion, a PE ratio of 53.81 and a beta of 1.16. The company has a quick ratio of 0.57, a current ratio of 0.70 and a debt-to-equity ratio of 5.31. The business’s 50 day moving average is $34.29 and its two-hundred day moving average is $34.42.

Valvoline (NYSE:VVV) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The business had revenue of $461.80 million during the quarter, compared to analysts’ expectations of $466.87 million. During the same period in the previous year, the company earned $0.32 earnings per share. Valvoline’s revenue for the quarter was up 11.5% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts predict that Valvoline will post 1.63 EPS for the current year.

Insider Transactions at Valvoline

In other news, insider Julie Marie O’daniel sold 4,312 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $38.55, for a total value of $166,227.60. Following the sale, the insider directly owned 17,979 shares of the company’s stock, 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 document filed with the SEC, which can be accessed through this hyperlink. 0.66% of the stock is owned by company insiders.

Valvoline 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).