Valvoline (NYSE:VVV) Price Target Raised to $40.00

Valvoline (NYSE:VVV) had its price target boosted by Wells Fargo & Company from $38.00 to $40.00 in a research report sent to investors on Thursday,Benzinga reports. They currently have an overweight rating on the basic materials company’s stock.

Several other equities analysts also recently weighed in on VVV. The Goldman Sachs Group restated a “buy” rating and set a $43.00 target price on shares of Valvoline in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on Valvoline from $38.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. Roth Mkm assumed coverage on Valvoline in a research report on Wednesday, December 17th. They set a “buy” rating and a $42.00 price target for the company. Truist Financial set a $38.00 price objective on Valvoline in a research report on Monday, January 26th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Valvoline in a research report on Tuesday, January 27th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.94.

Valvoline Stock Up 2.2%

Valvoline stock opened at $37.57 on Thursday. The stock’s 50 day moving average price is $31.38 and its 200 day moving average price is $34.27. Valvoline has a 1-year low of $28.50 and a 1-year high of $41.33. The company has a market cap of $4.78 billion, a PE ratio of 56.08 and a beta of 1.19. The company has a debt-to-equity ratio of 5.31, a current ratio of 0.70 and a quick ratio of 0.58.

Valvoline (NYSE:VVV) last released its earnings results on Wednesday, February 4th. The basic materials company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. Valvoline had a return on equity of 69.71% and a net margin of 4.91%.The company had revenue of $461.80 million during the quarter, compared to the consensus estimate of $466.87 million. During the same quarter last year, the company earned $0.32 earnings per share. Valvoline’s quarterly revenue was up 11.5% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. On average, sell-side analysts predict that Valvoline will post 1.63 EPS for the current fiscal year.

Insider Transactions at Valvoline

In other news, insider Julie Marie O’daniel sold 3,200 shares of the company’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $31.88, for a total transaction of $102,016.00. Following the completion of the sale, the insider directly owned 17,251 shares in the company, valued at $549,961.88. This represents a 15.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lori Ann Flees bought 4,500 shares of Valvoline stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $30.82 per share, for a total transaction of $138,690.00. Following the acquisition, the chief executive officer directly owned 69,267 shares of the company’s stock, valued at $2,134,808.94. The trade was a 6.95% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.66% of the company’s stock.

Hedge Funds Weigh In On Valvoline

A number of large investors have recently modified their holdings of the company. Royal Bank of Canada increased its position in Valvoline by 298.5% during the 1st quarter. Royal Bank of Canada now owns 253,447 shares of the basic materials company’s stock worth $8,822,000 after purchasing an additional 189,842 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Valvoline by 4.6% in the first quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock worth $29,887,000 after acquiring 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 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 valued at $16,974,000 after acquiring an additional 20,947 shares during the period. Jane Street Group LLC raised its stake in shares of Valvoline by 15.7% in 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 acquiring an additional 16,865 shares during the period. Finally, KLP Kapitalforvaltning AS lifted its holdings in shares of Valvoline by 5.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 25,500 shares of the basic materials company’s stock valued at $966,000 after acquiring an additional 1,400 shares in the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.

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).