TD Asset Management Inc Buys New Shares in Valvoline $VVV

TD Asset Management Inc acquired a new position in shares of Valvoline (NYSE:VVV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 30,998 shares of the basic materials company’s stock, valued at approximately $1,113,000.

Other large investors have also made changes to their positions in the company. Boston Partners lifted its stake in shares of Valvoline by 67.3% in the second quarter. Boston Partners now owns 3,977,293 shares of the basic materials company’s stock valued at $150,604,000 after buying an additional 1,599,973 shares during the period. Norges Bank acquired a new position in Valvoline in the 2nd quarter valued at approximately $57,739,000. Mawer Investment Management Ltd. lifted its position in shares of Valvoline by 118.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,678,878 shares of the basic materials company’s stock worth $101,449,000 after acquiring an additional 1,454,458 shares during the period. Channing Capital Management LLC lifted its position in Valvoline by 189.8% in the second quarter. Channing Capital Management LLC now owns 2,163,631 shares of the basic materials company’s stock worth $81,937,000 after purchasing an additional 1,417,156 shares during the period. Finally, Sculptor Capital LP lifted its holdings in shares of Valvoline by 47.5% during the 2nd quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock worth $113,610,000 after acquiring an additional 966,500 shares during the period. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Stock Performance

VVV stock opened at $36.05 on Friday. The company has a 50 day moving average price of $34.29 and a 200 day moving average price of $34.42. 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 5.31, a current ratio of 0.70 and a quick ratio of 0.57. The stock has a market capitalization of $4.59 billion, a PE ratio of 53.81 and a beta of 1.16.

Valvoline (NYSE:VVV) last released its earnings results on Wednesday, February 4th. The basic materials company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.34 by $0.03. The company had revenue of $461.80 million during the quarter, compared to analysts’ expectations of $466.87 million. Valvoline had a return on equity of 69.71% and a net margin of 4.91%.The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the firm earned $0.32 EPS. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. Analysts forecast that Valvoline will post 1.63 EPS for the current year.

Analyst Ratings Changes

VVV has been the topic of a number of analyst reports. Weiss Ratings raised shares of Valvoline from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Citigroup lifted their price objective on Valvoline from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Roth Mkm reiterated a “buy” rating and issued a $44.00 price objective on shares of Valvoline in a research note on Thursday, February 5th. Truist Financial set a $38.00 target price on Valvoline in a research report on Monday, January 26th. Finally, TD Cowen restated a “buy” rating on shares of Valvoline in a research note on Monday, January 26th. Eleven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $40.25.

Insider Buying and Selling

In other Valvoline news, insider Julie Marie O’daniel sold 4,312 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $38.55, for a total transaction of $166,227.60. Following the completion of the sale, the insider directly owned 17,979 shares of the company’s stock, valued at approximately $693,090.45. The trade was a 19.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.66% of the stock is currently owned by insiders.

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).