Balefire LLC purchased a new stake in Valvoline (NYSE:VVV – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 61,594 shares of the basic materials company’s stock, valued at approximately $2,212,000.
Several other hedge funds also recently added to or reduced their stakes in the stock. Maseco LLP acquired a new stake in Valvoline during the second quarter worth approximately $27,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Valvoline in the 2nd quarter valued at $43,000. Parallel Advisors LLC raised its stake in Valvoline by 67.5% during the 2nd quarter. Parallel Advisors LLC now owns 1,164 shares of the basic materials company’s stock worth $44,000 after acquiring an additional 469 shares in the last quarter. Steph & Co. acquired a new stake in Valvoline during the 2nd quarter worth $45,000. Finally, EverSource Wealth Advisors LLC lifted its position in Valvoline by 90.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 691 shares during the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on VVV shares. Roth Capital assumed coverage on Valvoline in a report on Wednesday. They set a “buy” rating and a $42.00 price objective on the stock. Zacks Research cut Valvoline from a “hold” rating to a “strong sell” rating in a research report on Friday, November 21st. Citigroup dropped their price target on Valvoline from $35.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. The Goldman Sachs Group cut their price target on Valvoline from $47.00 to $41.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Finally, Robert W. Baird decreased their price objective on Valvoline from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Valvoline presently has an average rating of “Moderate Buy” and an average price target of $38.87.
Insider Buying and Selling
In other Valvoline news, CEO Lori Ann Flees purchased 4,500 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of $30.82 per share, for a total transaction of $138,690.00. Following the completion of the purchase, the chief executive officer directly owned 69,267 shares in the company, valued at $2,134,808.94. This represents a 6.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Julie Marie O’daniel sold 3,200 shares of the company’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $31.88, for a total value of $102,016.00. Following the transaction, the insider directly owned 17,251 shares in the company, valued at $549,961.88. This represents a 15.65% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.66% of the stock is currently owned by insiders.
Valvoline Stock Performance
Shares of VVV opened at $30.08 on Thursday. The stock has a market capitalization of $3.82 billion, a P/E ratio of 18.34 and a beta of 1.17. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.70. Valvoline has a 1 year low of $29.29 and a 1 year high of $41.33. The company’s fifty day moving average is $32.14 and its two-hundred day moving average is $35.73.
Valvoline (NYSE:VVV – Get Free Report) last issued its earnings results on Wednesday, November 19th. The basic materials company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.02). Valvoline had a net margin of 12.32% and a return on equity of 72.49%. The firm had revenue of $453.80 million during the quarter, compared to analysts’ expectations of $455.70 million. During the same period in the previous year, the firm earned $0.46 EPS. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS. On average, sell-side analysts predict that Valvoline will post 1.63 earnings per share for the current year.
Valvoline Company Profile
Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.
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