Intech Investment Management LLC Buys 26,348 Shares of Valvoline $VVV

Intech Investment Management LLC increased its stake in shares of Valvoline (NYSE:VVV) by 218.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,398 shares of the basic materials company’s stock after buying an additional 26,348 shares during the period. Intech Investment Management LLC’s holdings in Valvoline were worth $1,379,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Boston Partners boosted its stake in Valvoline by 67.3% in the second quarter. Boston Partners now owns 3,977,293 shares of the basic materials company’s stock valued at $150,604,000 after acquiring an additional 1,599,973 shares during the last quarter. Norges Bank purchased a new stake in shares of Valvoline during the 2nd quarter worth approximately $57,739,000. Mawer Investment Management Ltd. raised its holdings in shares of Valvoline by 118.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,678,878 shares of the basic materials company’s stock worth $101,449,000 after purchasing an additional 1,454,458 shares during the period. Channing Capital Management LLC lifted its stake in Valvoline by 189.8% in the second quarter. Channing Capital Management LLC now owns 2,163,631 shares of the basic materials company’s stock valued at $81,937,000 after purchasing an additional 1,417,156 shares during the last quarter. Finally, Sculptor Capital LP grew its holdings in Valvoline by 47.5% during the second quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock valued at $113,610,000 after purchasing an additional 966,500 shares during the period. Institutional investors own 96.13% of the company’s stock.

Insider Buying and Selling

In other Valvoline news, insider Julie Marie O’daniel sold 4,312 shares of Valvoline stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $38.55, for a total transaction of $166,227.60. Following the completion of the transaction, the insider owned 17,979 shares of the company’s stock, valued at $693,090.45. The trade was a 19.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.66% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VVV. Roth Mkm restated a “buy” rating and issued a $44.00 target price on shares of Valvoline in a research note on Thursday, February 5th. Truist Financial set a $38.00 price objective on Valvoline in a research note on Monday, January 26th. Royal Bank Of Canada upped their price objective on shares of Valvoline from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. lowered shares of Valvoline from a “neutral” rating to an “underweight” rating and increased their target price for the stock from $30.00 to $35.00 in a research report on Thursday, February 12th. Finally, Wall Street Zen upgraded shares of Valvoline from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.25.

Valvoline Trading Down 2.0%

NYSE:VVV opened at $35.35 on Friday. Valvoline has a 1 year low of $28.50 and a 1 year high of $41.33. The stock’s fifty day moving average price is $34.39 and its two-hundred day moving average price is $34.39. The company has a debt-to-equity ratio of 5.31, a current ratio of 0.70 and a quick ratio of 0.57. The company has a market cap of $4.50 billion, a P/E ratio of 52.76 and a beta of 1.16.

Valvoline (NYSE:VVV) last announced its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $466.87 million. During the same period in the previous year, the business earned $0.32 earnings per share. The firm’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. As a group, analysts expect that Valvoline will post 1.63 EPS for the current year.

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).