Everett Harris & Co. CA Sells 17,765 Shares of Valvoline $VVV

Everett Harris & Co. CA lessened its position in shares of Valvoline (NYSE:VVV) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,590 shares of the basic materials company’s stock after selling 17,765 shares during the period. Everett Harris & Co. CA owned approximately 0.08% of Valvoline worth $2,952,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada raised its stake 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 purchasing an additional 189,842 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Valvoline by 4.6% in the first quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock valued at $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 stake in Valvoline by 4.5% in 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 valued at $16,974,000 after purchasing an additional 20,947 shares in the last quarter. Jane Street Group LLC raised its stake in Valvoline by 15.7% in the first quarter. Jane Street Group LLC now owns 124,071 shares of the basic materials company’s stock valued at $4,319,000 after purchasing an additional 16,865 shares in the last quarter. Finally, Creative Planning raised its stake in Valvoline by 40.1% in the second quarter. Creative Planning now owns 8,225 shares of the basic materials company’s stock valued at $311,000 after purchasing an additional 2,353 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Valvoline Trading Up 1.5%

VVV stock opened at $36.27 on Tuesday. The company has a market capitalization of $4.63 billion, a PE ratio of 49.69 and a beta of 1.02. Valvoline has a one year low of $28.50 and a one year high of $41.33. The company’s 50 day moving average price is $33.68 and its two-hundred day moving average price is $33.36. 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 (NYSE:VVV) last posted its quarterly earnings results on Thursday, May 7th. The basic materials company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $503.80 million for the quarter, compared to the consensus estimate of $495.67 million. Valvoline had a net margin of 5.03% and a return on equity of 66.54%. The business’s revenue was up 25.0% compared to the same quarter last year. During the same period last year, the firm posted $0.34 earnings per share. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. As a group, analysts predict that Valvoline will post 1.75 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Valvoline news, CFO J Kevin Willis purchased 10,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $31.80 per share, with a total value of $318,000.00. Following the completion of the purchase, the chief financial officer owned 32,725 shares of the company’s stock, valued at $1,040,655. The trade was a 44.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jennifer Lynn Slater purchased 1,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of $32.53 per share, for a total transaction of $32,530.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $32,530. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 14,100 shares of company stock valued at $450,877. 0.66% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of Valvoline in a research note on Thursday. Piper Sandler reaffirmed an “overweight” rating and issued a $44.00 target price (up from $41.00) on shares of Valvoline in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Valvoline in a research note on Friday, May 29th. Royal Bank Of Canada raised their target price on shares of Valvoline from $46.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $45.00 target price on shares of Valvoline in a research note on Thursday, May 7th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $40.93.

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).