Primecap Management Co. CA Takes Position in Valvoline $VVV

Primecap Management Co. CA purchased a new position in Valvoline (NYSE:VVV) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 87,030 shares of the basic materials company’s stock, valued at approximately $3,441,000.

Several other large investors have also recently made changes to their positions in the company. William Blair Investment Management LLC acquired a new position in shares of Valvoline during the 4th quarter worth approximately $20,334,000. Norges Bank acquired a new stake in shares of Valvoline in the fourth quarter valued at approximately $39,651,000. Fiduciary Management Inc. WI lifted its position in Valvoline by 4.6% during the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock worth $144,497,000 after buying an additional 220,642 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its position in Valvoline by 6.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,881,998 shares of the basic materials company’s stock worth $97,066,000 after buying an additional 182,060 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in Valvoline by 2,154.3% during the first quarter. Fifth Third Bancorp now owns 34,919 shares of the basic materials company’s stock worth $1,176,000 after buying an additional 33,370 shares during the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.

Valvoline Stock Performance

NYSE VVV opened at $32.72 on Thursday. The stock has a fifty day simple moving average of $37.39 and a 200-day simple moving average of $35.84. 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 stock has a market cap of $4.17 billion, a PE ratio of 40.90 and a beta of 1.00. Valvoline has a twelve month low of $28.50 and a twelve month high of $41.33.

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

Insider Buying and Selling at Valvoline

In other news, insider Jonathan L. Caldwell sold 2,851 shares of the company’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 value of $114,040.00. Following the transaction, the insider directly owned 20,918 shares in the company, valued at approximately $836,720. This represents a 11.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Julie Marie O’daniel sold 3,700 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $33.81, for a total transaction of $125,097.00. Following the transaction, the insider directly owned 14,279 shares of the company’s stock, valued at $482,772.99. The trade was a 20.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.66% of the company’s stock.

Wall Street Analysts Forecast Growth

VVV has been the subject of several analyst reports. New Street Research set a $47.00 target price on Valvoline in a report on Monday, July 20th. TD Cowen reiterated a “buy” rating on shares of Valvoline in a report on Wednesday, August 19th. Wells Fargo & Company boosted their price target on shares of Valvoline from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Citigroup reissued a “neutral” rating on shares of Valvoline in a report on Thursday, July 16th. Finally, Roth Capital restated a “buy” rating and set a $46.00 price objective on shares of Valvoline in a research report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $42.88.

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).