JPMorgan Chase & Co. Decreases Holdings in Valvoline $VVV

JPMorgan Chase & Co. trimmed its holdings in shares of Valvoline (NYSE:VVV) by 32.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 258,081 shares of the basic materials company’s stock after selling 125,176 shares during the period. JPMorgan Chase & Co.’s holdings in Valvoline were worth $9,268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its position in Valvoline by 2.8% during the third quarter. PNC Financial Services Group Inc. now owns 27,527 shares of the basic materials company’s stock valued at $988,000 after buying an additional 760 shares during the period. TimesSquare Capital Management LLC increased its holdings in Valvoline by 3.2% during the third quarter. TimesSquare Capital Management LLC now owns 922,502 shares of the basic materials company’s stock worth $33,127,000 after buying an additional 28,259 shares during the last quarter. MQS Management LLC bought a new stake in Valvoline in the third quarter worth about $321,000. Bryce Point Capital LLC purchased a new position in Valvoline in the third quarter valued at about $679,000. Finally, Hantz Financial Services Inc. boosted its stake in Valvoline by 16.6% in the third quarter. Hantz Financial Services Inc. now owns 2,838 shares of the basic materials company’s stock valued at $102,000 after acquiring an additional 404 shares during the last quarter. 96.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $43.00 price target on shares of Valvoline in a report on Wednesday, February 4th. Royal Bank Of Canada increased their price objective on Valvoline from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Piper Sandler decreased their target price on Valvoline from $50.00 to $41.00 and set an “overweight” rating for the company in a research report on Thursday, November 20th. JPMorgan Chase & Co. lowered Valvoline from a “neutral” rating to an “underweight” rating and boosted their target price for the company from $30.00 to $35.00 in a research note on Thursday, February 12th. Finally, Weiss Ratings raised Valvoline from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $40.25.

Valvoline Stock Performance

NYSE VVV opened at $35.35 on Friday. The firm has a market cap of $4.50 billion, a P/E ratio of 52.76 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 company’s 50 day moving average is $34.39 and its 200-day moving average is $34.39. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.34 by $0.03. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The company had revenue of $461.80 million during the quarter, compared to the consensus estimate of $466.87 million. During the same period last year, the firm earned $0.32 EPS. 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. Sell-side analysts predict that Valvoline will post 1.63 earnings per share for the current year.

Insider Activity

In other news, insider Julie Marie O’daniel sold 4,312 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $38.55, for a total value of $166,227.60. Following the completion of the transaction, the insider directly owned 17,979 shares of the company’s stock, valued at $693,090.45. This trade represents a 19.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.66% of the stock is currently owned by corporate insiders.

Valvoline Company 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).