Wesbanco Bank Inc. Boosts Position in Valvoline $VVV

Wesbanco Bank Inc. boosted its stake in Valvoline (NYSE:VVV) by 25.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,451 shares of the basic materials company’s stock after acquiring an additional 17,800 shares during the period. Wesbanco Bank Inc.’s holdings in Valvoline were worth $2,979,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Valvoline by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock valued at $358,121,000 after purchasing an additional 94,813 shares during the last quarter. Boston Partners grew its stake in Valvoline by 20.6% during the 4th quarter. Boston Partners now owns 6,679,911 shares of the basic materials company’s stock worth $194,449,000 after buying an additional 1,142,290 shares during the last quarter. Wellington Management Group LLP grew its stake in Valvoline by 11.2% during the 4th quarter. Wellington Management Group LLP now owns 6,067,541 shares of the basic materials company’s stock worth $176,323,000 after buying an additional 610,014 shares during the last quarter. Fiduciary Management Inc. WI increased its position in Valvoline by 4.6% during the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock worth $144,497,000 after buying an additional 220,642 shares during the period. Finally, Cooke & Bieler LP increased its position in Valvoline by 28.3% during the fourth quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock worth $124,409,000 after buying an additional 944,095 shares during the period. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Analyst Ratings Changes

VVV has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Valvoline in a report on Friday, May 29th. TD Cowen reaffirmed a “buy” rating on shares of Valvoline in a report on Thursday, June 4th. Roth Mkm reiterated a “buy” rating and issued a $46.00 price target on shares of Valvoline in a research report on Friday, May 8th. Stifel Nicolaus increased their price target on shares of Valvoline from $42.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $45.00 price objective on shares of Valvoline in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.93.

Insider Activity

In other news, CFO J Kevin Willis bought 10,000 shares of Valvoline stock in a transaction dated Thursday, May 14th. The stock was bought at an average price of $31.80 per share, for a total transaction of $318,000.00. Following the purchase, the chief financial officer owned 32,725 shares of the company’s stock, valued at approximately $1,040,655. The trade was a 44.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $40.00, for a total transaction of $114,040.00. Following the completion of the sale, the insider owned 20,918 shares of the company’s stock, valued at $836,720. This trade represents a 11.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have bought 14,100 shares of company stock valued at $450,877. Corporate insiders own 0.66% of the company’s stock.

Valvoline Stock Up 1.0%

Valvoline stock opened at $40.11 on Friday. Valvoline has a twelve month low of $28.50 and a twelve month high of $41.33. The stock has a 50 day moving average of $34.92 and a two-hundred day moving average of $34.06. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 4.61. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 54.95 and a beta of 1.02.

Valvoline (NYSE:VVV) last released its earnings results on Thursday, May 7th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. The business had revenue of $503.80 million for the quarter, compared to analyst estimates of $495.67 million. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 25.0% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. As a group, research analysts expect that Valvoline will post 1.75 earnings per share for the current year.

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).