State of Wyoming Invests $872,000 in Valvoline $VVV

State of Wyoming purchased a new stake in shares of Valvoline (NYSE:VVV) during the second quarter, HoldingsChannel.com reports. The firm purchased 22,048 shares of the basic materials company’s stock, valued at approximately $872,000.

A number of other hedge funds also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new stake in Valvoline in the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd grew its position in shares of Valvoline by 1,621.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company’s stock worth $38,000 after buying an additional 989 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new position in shares of Valvoline during the first quarter valued at approximately $42,000. Vestor Capital LLC raised its holdings in shares of Valvoline by 169.4% during the first quarter. Vestor Capital LLC now owns 1,646 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 1,035 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Valvoline by 20.3% during the fourth quarter. UMB Bank n.a. now owns 1,906 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 321 shares in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Insider Transactions at Valvoline

In other Valvoline news, CAO Jordan M. Denny bought 1,506 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average price of $33.20 per share, with a total value of $49,999.20. Following the completion of 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction that occurred 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 directly owned 20,918 shares of the company’s stock, valued at $836,720. This represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.66% of the company’s stock.

Valvoline Price Performance

VVV opened at $34.07 on Friday. The stock has a fifty day simple moving average of $38.00 and a two-hundred 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. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 42.59 and a beta of 1.00. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33.

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Stifel Nicolaus lifted 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. Citigroup reaffirmed a “neutral” rating on shares of Valvoline in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 target price on the stock in a research note on Friday, May 29th. Piper Sandler reiterated an “overweight” rating and set a $44.00 price target on shares of Valvoline in a research report on Wednesday, July 29th. Finally, Zacks Research raised shares of Valvoline from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.56.

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).