Valvoline (NYSE:VVV) Price Target Raised to $48.00

Valvoline (NYSE:VVV) had its target price boosted by Stephens from $44.00 to $48.00 in a report published on Tuesday, Marketbeat reports. They currently have an overweight rating on the basic materials company’s stock.

A number of other brokerages also recently commented on VVV. New Street Research set a $47.00 price objective on shares of Valvoline in a research report on Monday, July 20th. Barclays increased their target price on shares of Valvoline from $35.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Piper Sandler reissued an “overweight” rating and set a $44.00 target price (up from $41.00) on shares of Valvoline in a research note on Friday, May 8th. Stifel Nicolaus boosted their price target on shares of Valvoline from $42.00 to $44.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, TD Cowen upped their price target on shares of Valvoline from $42.00 to $47.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $42.75.

Valvoline Trading Down 3.1%

Shares of NYSE VVV opened at $38.41 on Tuesday. Valvoline has a one year low of $28.50 and a one year high of $41.33. The firm has a market capitalization of $4.90 billion, a PE ratio of 52.62 and a beta of 0.99. 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 business has a 50-day moving average price of $37.68 and a two-hundred day moving average price of $35.57.

Valvoline (NYSE:VVV) last released its earnings results on Thursday, May 7th. The basic materials company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.06. The company had revenue of $503.80 million for the quarter, compared to analysts’ expectations of $495.67 million. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The business’s revenue for the quarter was up 25.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 EPS. 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.

Insider Buying and Selling at Valvoline

In other news, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total transaction of $114,040.00. Following the transaction, the insider owned 20,918 shares in the company, valued at approximately $836,720. This trade represents a 11.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Richard Joseph Freeland acquired 3,100 shares of Valvoline stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $32.37 per share, with a total value of $100,347.00. Following the purchase, the director owned 16,112 shares in the company, valued at $521,545.44. The trade was a 23.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 14,100 shares of company stock worth $450,877 over the last quarter. Company insiders own 0.66% of the company’s stock.

Institutional Trading of Valvoline

Several large investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in Valvoline by 298.5% in 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 during the last quarter. Goldman Sachs Group Inc. grew its holdings in Valvoline by 4.6% during 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Valvoline by 4.5% during 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 during the last quarter. Jane Street Group LLC raised its position in shares of 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 during the period. Finally, Creative Planning raised its position in shares of 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 during the period. Institutional investors own 96.13% of the company’s stock.

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).