New York State Common Retirement Fund Sells 261,828 Shares of Valvoline $VVV

New York State Common Retirement Fund lowered its holdings in shares of Valvoline (NYSE:VVV) by 30.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 607,880 shares of the basic materials company’s stock after selling 261,828 shares during the period. New York State Common Retirement Fund owned about 0.48% of Valvoline worth $21,829,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Bayforest Capital Ltd acquired a new stake in Valvoline in the third quarter valued at $39,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Valvoline in the 2nd quarter valued at about $43,000. EverSource Wealth Advisors LLC increased its stake in shares of Valvoline by 90.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock valued at $55,000 after buying an additional 691 shares during the period. FNY Investment Advisers LLC bought a new position in shares of Valvoline during the second quarter worth about $79,000. Finally, GAMMA Investing LLC raised its position in shares of Valvoline by 14.9% during the third quarter. GAMMA Investing LLC now owns 2,348 shares of the basic materials company’s stock worth $84,000 after acquiring an additional 304 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Insider Activity at Valvoline

In other Valvoline news, insider Julie Marie O’daniel sold 3,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $31.88, for a total value of $102,016.00. Following the completion of the sale, the insider owned 17,251 shares of the company’s stock, valued at approximately $549,961.88. This trade represents a 15.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lori Ann Flees acquired 4,500 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $30.82 per share, with a total value of $138,690.00. Following the acquisition, the chief executive officer owned 69,267 shares of the company’s stock, valued at approximately $2,134,808.94. This represents a 6.95% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.66% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Valvoline in a research report on Monday, December 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Valvoline in a research note on Tuesday. Piper Sandler lowered their target price on shares of Valvoline from $50.00 to $41.00 and set an “overweight” rating for the company in a research note on Thursday, November 20th. Roth Mkm assumed coverage on shares of Valvoline in a report on Wednesday, December 17th. They issued a “buy” rating and a $42.00 target price on the stock. Finally, Robert W. Baird decreased their price target on Valvoline from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $38.81.

Valvoline Stock Up 0.6%

Shares of NYSE VVV opened at $32.75 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 3.10. The firm has a market cap of $4.17 billion, a PE ratio of 19.97 and a beta of 1.18. The company’s fifty day simple moving average is $30.98 and its 200 day simple moving average is $34.31. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33.

Valvoline (NYSE:VVV) last posted its quarterly earnings results on Wednesday, November 19th. The basic materials company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.02). The company had revenue of $453.80 million during the quarter, compared to the consensus estimate of $455.70 million. Valvoline had a net margin of 12.32% and a return on equity of 72.49%. During the same period last year, the firm posted $0.46 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS. As a group, sell-side analysts forecast that Valvoline will post 1.63 earnings per share for the current fiscal 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).