Louisiana State Employees Retirement System Buys New Holdings in Valvoline $VVV

Louisiana State Employees Retirement System purchased a new position in shares of Valvoline (NYSE:VVV) during the first quarter, HoldingsChannel reports. The firm purchased 36,900 shares of the basic materials company’s stock, valued at approximately $1,243,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Balefire LLC lifted its holdings in shares of Valvoline by 47.4% in 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 bought a new stake in Valvoline during the 3rd quarter valued at $3,616,000. CIBC Bancorp USA Inc. bought a new stake in Valvoline during the 3rd quarter valued at $25,394,000. GW&K Investment Management LLC raised its holdings in Valvoline by 33,084.3% during the third quarter. GW&K Investment Management LLC now owns 228,972 shares of the basic materials company’s stock worth $8,222,000 after buying an additional 228,282 shares during the last quarter. Finally, Boothbay Fund Management LLC raised its holdings in Valvoline by 116.1% during the third quarter. Boothbay Fund Management LLC now owns 75,669 shares of the basic materials company’s stock worth $2,717,000 after buying an additional 40,648 shares during the last quarter. Institutional investors own 96.13% of the company’s stock.

Valvoline Trading Down 0.0%

Shares of VVV stock opened at $39.06 on Friday. 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 $4.98 billion, a price-to-earnings ratio of 53.51 and a beta of 0.99. Valvoline has a 52-week low of $28.50 and a 52-week high of $41.33. The company has a 50-day simple moving average of $35.46 and a two-hundred day simple moving average of $34.35.

Valvoline (NYSE:VVV) last posted its earnings results on Thursday, May 7th. The basic materials company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.35 by $0.06. Valvoline had a net margin of 5.03% and a return on equity of 66.54%. The firm had revenue of $503.80 million for the quarter, compared to analysts’ expectations of $495.67 million. During the same quarter last year, the firm earned $0.34 EPS. The company’s quarterly revenue was up 25.0% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Research analysts anticipate that Valvoline will post 1.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VVV has been the topic of a number of recent research reports. Piper Sandler reaffirmed an “overweight” rating and issued a $44.00 price objective (up from $41.00) on shares of Valvoline in a research note on Friday, May 8th. TD Cowen restated a “buy” rating on shares of Valvoline in a report on Thursday, June 4th. Wells Fargo & Company raised their price target on shares of Valvoline from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $45.00 price target on shares of Valvoline in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Valvoline in a research note on Friday, May 29th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $40.93.

Insiders Place Their Bets

In other Valvoline news, Director Jennifer Lynn Slater purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $32.53 per share, for a total transaction of $32,530.00. Following the completion of the acquisition, the director owned 1,000 shares of the company’s stock, valued at $32,530. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO J Kevin Willis purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $31.80 per share, for a total transaction of $318,000.00. Following the completion of the acquisition, the chief financial officer directly owned 32,725 shares of the company’s stock, valued at $1,040,655. This trade represents a 44.00% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 14,100 shares of company stock valued at $450,877. Insiders own 0.66% of the company’s stock.

Valvoline 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).