Everett Harris & Co. CA Takes Position in Valvoline $VVV

Everett Harris & Co. CA acquired a new position in Valvoline (NYSE:VVV) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 111,065 shares of the basic materials company’s stock, valued at approximately $4,392,000.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Valvoline by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock worth $358,121,000 after buying an additional 94,813 shares during the period. Boston Partners boosted its stake in Valvoline by 20.6% in the fourth quarter. Boston Partners now owns 6,679,911 shares of the basic materials company’s stock valued at $194,449,000 after acquiring an additional 1,142,290 shares during the last quarter. Wellington Management Group LLP grew its holdings 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 acquiring an additional 610,014 shares during the period. Fiduciary Management Inc. WI raised its position in shares of Valvoline by 4.6% during the 4th quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after acquiring an additional 220,642 shares during the last quarter. Finally, Cooke & Bieler LP lifted its stake in shares of Valvoline by 28.3% in the 4th quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock valued at $124,409,000 after purchasing an additional 944,095 shares during the period. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Jordan M. Denny bought 1,506 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average price of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the acquisition, the chief accounting officer owned 4,121 shares of the company’s stock, valued at approximately $136,817.20. The trade was a 57.59% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jonathan L. Caldwell sold 2,851 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the transaction, the insider directly owned 20,918 shares of the company’s stock, valued at $836,720. This trade represents a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.66% of the company’s stock.

Valvoline Stock Up 0.9%

Valvoline stock opened at $34.07 on Friday. The company has a market cap of $4.35 billion, a P/E ratio of 42.59 and a beta of 1.00. Valvoline has a 1-year low of $28.50 and a 1-year high of $41.33. The company has a fifty day simple moving average of $38.00 and a 200 day simple moving average of $35.83. 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 issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm had revenue of $544.60 million for the quarter, compared to analyst estimates of $543.21 million. During the same period in the previous year, the business earned $0.47 EPS. The company’s revenue was up 24.1% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Research analysts anticipate that Valvoline will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VVV. Citigroup reaffirmed a “neutral” rating on shares of Valvoline in a research note on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and set a $45.00 target price on shares of Valvoline in a research report on Thursday, May 7th. 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. Weiss Ratings upgraded Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Finally, New Street Research set a $47.00 price objective on Valvoline in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Valvoline has an average rating of “Moderate Buy” and a consensus price target of $42.56.

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).