Leeward Investments LLC MA Acquires 82,898 Shares of Valvoline $VVV

Leeward Investments LLC MA lifted its holdings in Valvoline (NYSE:VVV) by 13.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 686,412 shares of the basic materials company’s stock after purchasing an additional 82,898 shares during the period. Valvoline comprises 1.0% of Leeward Investments LLC MA’s holdings, making the stock its 28th biggest position. Leeward Investments LLC MA owned 0.54% of Valvoline worth $20,688,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC increased its holdings in Valvoline by 80.5% during the third quarter. Fifth Third Wealth Advisors LLC now owns 10,065 shares of the basic materials company’s stock valued at $303,000 after buying an additional 4,489 shares during the period. Inspire Investing LLC lifted its holdings in Valvoline by 21.6% during the third quarter. Inspire Investing LLC now owns 21,054 shares of the basic materials company’s stock worth $635,000 after buying an additional 3,737 shares during the period. Isthmus Partners LLC lifted its holdings in Valvoline by 3.1% during the third quarter. Isthmus Partners LLC now owns 12,197 shares of the basic materials company’s stock worth $368,000 after buying an additional 361 shares during the period. Legacy Wealth Asset Management LLC lifted its holdings in Valvoline by 16.5% during the third quarter. Legacy Wealth Asset Management LLC now owns 8,764 shares of the basic materials company’s stock worth $264,000 after buying an additional 1,240 shares during the period. Finally, Diversified Management Inc. bought a new stake in Valvoline during the 3rd quarter valued at $2,331,000. 96.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Valvoline news, CAO Jordan Denny acquired 1,506 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average price of $33.20 per share, for a total transaction of $49,999.20. Following the acquisition, the chief accounting officer owned 4,121 shares in the company, valued at approximately $136,817.20. This trade represents a 57.59% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Julie O’Daniel sold 3,700 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $33.81, for a total value of $125,097.00. Following the sale, the insider owned 14,279 shares of the company’s stock, valued at approximately $482,772.99. This represents a 20.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VVV. Morgan Stanley reiterated a “buy” rating on shares of Valvoline in a report on Thursday, October 1st. Barclays decreased their price objective on Valvoline from $41.00 to $39.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 6th. Weiss Ratings raised Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. TD Cowen dropped their price objective on Valvoline from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 14th. Finally, Citigroup cut their target price on Valvoline from $41.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, October 1st. Thirteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Valvoline currently has an average rating of “Moderate Buy” and a consensus target price of $41.17.

Valvoline Trading Down 0.2%

NYSE VVV opened at $31.57 on Monday. Valvoline has a 52 week low of $26.21 and a 52 week high of $41.08. The company has a 50 day moving average price of $30.81 and a 200 day moving average price of $34.18. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 3.77. The firm has a market cap of $4.03 billion, a PE ratio of 39.46 and a beta of 1.03.

Valvoline (NYSE:VVV) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share 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 company had revenue of $544.60 million during the quarter, compared to the consensus estimate of $543.21 million. During the same period last year, the firm earned $0.47 earnings per share. Valvoline’s revenue was up 24.1% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, sell-side analysts forecast that Valvoline will post 1.76 EPS for the current fiscal year.

Valvoline declared that its Board of Directors has initiated a stock buyback plan on Tuesday, September 29th that allows the company to buy back $175.00 million in shares. This buyback authorization allows the basic materials company to purchase up to 4.8% of its stock through open market purchases. Share buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

About Valvoline

Valvoline Inc (NYSE: VVV) is an automotive maintenance services company that operates and franchises Valvoline Instant Oil Change service centers. Its locations provide preventive vehicle maintenance designed to help drivers keep their cars operating reliably and extend the useful life of key components.

The company’s services include oil changes, fluid replacement and top-offs, battery testing and replacement, air-conditioning services, tire rotation, tire services, and replacement of filters, wiper blades, and other routine maintenance items.