Everett Harris & Co. CA Sells 17,765 Shares of Valvoline $VVV

Everett Harris & Co. CA decreased its position in Valvoline (NYSE:VVV) by 14.9% during the 4th quarter, Holdings Channel reports. The firm owned 101,590 shares of the basic materials company’s stock after selling 17,765 shares during the period. Everett Harris & Co. CA’s holdings in Valvoline were worth $2,952,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VVV. Boston Partners grew its holdings in shares of Valvoline by 39.2% in the third quarter. Boston Partners now owns 5,537,621 shares of the basic materials company’s stock worth $198,835,000 after purchasing an additional 1,560,328 shares during the last quarter. Norges Bank bought a new position in shares of Valvoline in the fourth quarter worth approximately $39,651,000. Sculptor Capital LP grew its holdings in shares of Valvoline by 47.5% in the second quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock worth $113,610,000 after purchasing an additional 966,500 shares during the last quarter. Cooke & Bieler LP grew its holdings in shares of Valvoline by 28.3% in the fourth quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock worth $124,409,000 after purchasing an additional 944,095 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Valvoline in the third quarter worth approximately $25,394,000. Institutional investors own 96.13% of the company’s stock.

Valvoline Stock Performance

NYSE:VVV opened at $36.27 on Tuesday. The stock has a market cap of $4.63 billion, a P/E ratio of 49.69 and a beta of 1.02. The firm’s fifty day simple moving average is $33.68 and its 200 day simple moving average is $33.36. Valvoline has a twelve month low of $28.50 and a twelve month high of $41.33. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 4.61.

Valvoline (NYSE:VVV) last announced its earnings results on Thursday, May 7th. The basic materials company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the business posted $0.34 EPS. The company’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. As a group, research analysts predict that Valvoline will post 1.75 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VVV. The Goldman Sachs Group restated a “buy” rating and issued a $45.00 target price on shares of Valvoline in a report on Thursday, May 7th. JPMorgan Chase & Co. upgraded shares of Valvoline from an “underweight” rating to a “neutral” rating and set a $35.00 price target on the stock in a report on Friday, May 29th. Royal Bank Of Canada lifted their price target on shares of Valvoline from $46.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Valvoline in a report on Friday, May 29th. Finally, Wells Fargo & Company lifted their price target on shares of Valvoline from $40.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $40.93.

Insider Buying and Selling

In other Valvoline news, Director Jennifer Lynn Slater purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $32.53 per share, for a total transaction of $32,530.00. Following the purchase, the director directly owned 1,000 shares in the company, valued at $32,530. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Joseph Freeland purchased 3,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average price of $32.37 per share, with a total value of $100,347.00. Following the completion of the purchase, the director owned 16,112 shares in the company, valued at $521,545.44. This represents a 23.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 14,100 shares of company stock worth $450,877 in the last three months. 0.66% of the stock is owned by corporate 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).