Clearline Capital LP Takes Position in Valvoline $VVV

Clearline Capital LP bought a new position in shares of Valvoline (NYSE:VVV) in the 4th quarter, Holdings Channel.com reports. The fund bought 76,432 shares of the basic materials company’s stock, valued at approximately $2,221,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Balefire LLC grew its stake in Valvoline by 47.4% during the 4th quarter. Balefire LLC now owns 90,798 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 29,204 shares in the last quarter. Broyhill Asset Management LLC acquired a new position in Valvoline during the 3rd quarter worth $3,616,000. CIBC Bancorp USA Inc. acquired a new position in Valvoline during the 3rd quarter worth $25,394,000. Fieldview Capital Management LLC acquired a new position in Valvoline during the 3rd quarter worth $3,287,000. Finally, Boothbay Fund Management LLC grew its stake in Valvoline by 116.1% during the 3rd quarter. Boothbay Fund Management LLC now owns 75,669 shares of the basic materials company’s stock worth $2,717,000 after purchasing an additional 40,648 shares in the last quarter. 96.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Richard Joseph Freeland bought 3,100 shares of Valvoline stock in a transaction dated 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 acquisition, the director owned 16,112 shares of the company’s stock, valued at approximately $521,545.44. This trade represents a 23.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jennifer Lynn Slater bought 1,000 shares of Valvoline stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $32.53 per share, with a total value of $32,530.00. Following the completion of the acquisition, the director directly owned 1,000 shares in the company, valued at approximately $32,530. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 14,100 shares of company stock valued at $450,877. Insiders own 0.66% of the company’s stock.

Valvoline Stock Down 0.7%

Valvoline stock opened at $37.49 on Thursday. Valvoline has a fifty-two week low of $28.50 and a fifty-two week high of $41.33. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.61 and a current ratio of 0.73. The company has a market capitalization of $4.78 billion, a P/E ratio of 51.35 and a beta of 1.02. The stock has a 50-day simple moving average of $34.23 and a 200-day simple moving average of $33.68.

Valvoline (NYSE:VVV) last posted 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. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The business had revenue of $503.80 million during the quarter, compared to the consensus estimate of $495.67 million. During the same period in the previous year, the business earned $0.34 EPS. The business’s quarterly revenue was up 25.0% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Equities research analysts expect that Valvoline will post 1.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VVV. Barclays began coverage on Valvoline in a research note on Thursday, May 28th. They set an “equal weight” rating and a $35.00 target price for the company. TD Cowen reaffirmed a “buy” rating on shares of Valvoline in a research report on Thursday, June 4th. JPMorgan Chase & Co. raised Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price objective for the company in a research report on Friday, May 29th. Piper Sandler reaffirmed an “overweight” rating and set a $44.00 price objective (up from $41.00) on shares of Valvoline in a research report on Friday, May 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $45.00 price objective on shares of Valvoline in a research report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.93.

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).