252,906 Shares in Valvoline $VVV Bought by Commerce Bank

Commerce Bank bought a new stake in Valvoline (NYSE:VVV) during the second quarter, HoldingsChannel reports. The fund bought 252,906 shares of the basic materials company’s stock, valued at approximately $10,000,000.

A number of other institutional investors have also added to or reduced their stakes in VVV. Royal Bank of Canada raised its position in Valvoline by 298.5% during 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. boosted its holdings in shares of Valvoline by 4.6% in the 1st 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 boosted its holdings in shares of Valvoline by 4.5% in the 1st 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 increased its position in shares of Valvoline by 15.7% during the 1st 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 during the last quarter. Finally, Creative Planning increased its position in shares of Valvoline by 40.1% during the 2nd 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 during the last quarter. Institutional investors own 96.13% of the company’s stock.

Insider Activity at Valvoline

In other Valvoline news, insider Jonathan L. Caldwell sold 2,851 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $40.00, for a total value of $114,040.00. Following the completion of the sale, the insider owned 20,918 shares in the company, valued at approximately $836,720. The trade was a 11.99% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jordan M. Denny acquired 1,506 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were bought at an average cost of $33.20 per share, with a total value of $49,999.20. Following the purchase, the chief accounting officer owned 4,121 shares of the company’s stock, valued at approximately $136,817.20. This trade represents a 57.59% increase in their position. The SEC filing for this purchase provides additional information. 0.66% of the stock is owned by company insiders.

Valvoline Stock Down 0.1%

Shares of NYSE:VVV opened at $33.92 on Monday. The stock’s 50-day moving average price is $37.68 and its 200-day moving average price is $35.89. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33. The stock has a market capitalization of $4.33 billion, a P/E ratio of 42.40 and a beta of 1.00. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 3.77.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.50 by $0.07. Valvoline had a return on equity of 65.12% and a net margin of 5.17%.The firm had revenue of $544.60 million for the quarter, compared to the consensus estimate of $543.21 million. During the same quarter in the previous year, the business earned $0.47 earnings per share. The company’s quarterly revenue was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. On average, equities analysts anticipate that Valvoline will post 1.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

VVV has been the topic of a number of research reports. New Street Research set a $47.00 price objective on Valvoline in a report on Monday, July 20th. Roth Capital reaffirmed a “buy” rating and issued a $46.00 target price on shares of Valvoline in a research note on Friday, May 8th. Royal Bank Of Canada reduced their price target on shares of Valvoline from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Citigroup reissued a “neutral” rating on shares of Valvoline in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price objective for the company in a report on Friday, May 29th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Valvoline presently has an average rating of “Moderate Buy” and a consensus price target of $42.88.

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).