Wells Fargo & Company Boosts Valvoline (NYSE:VVV) Price Target to $40.00

Valvoline (NYSE:VVV) had its price target upped by Wells Fargo & Company from $38.00 to $40.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the basic materials company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 6.47% from the company’s current price.

Several other equities analysts have also commented on the stock. Stifel Nicolaus lowered their price objective on shares of Valvoline from $42.00 to $35.00 and set a “hold” rating for the company in a research report on Thursday, November 20th. Truist Financial set a $38.00 price target on shares of Valvoline in a report on Monday, January 26th. Robert W. Baird reduced their price objective on Valvoline from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Valvoline in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. dropped their target price on Valvoline from $38.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, November 20th. Eleven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $39.94.

Valvoline Price Performance

NYSE:VVV opened at $37.57 on Thursday. The business’s 50-day moving average is $31.38 and its 200 day moving average is $34.30. Valvoline has a 12 month low of $28.50 and a 12 month high of $41.33. The company has a market capitalization of $4.78 billion, a P/E ratio of 56.08 and a beta of 1.19. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 5.31.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. The business had revenue of $461.80 million for the quarter, compared to the consensus estimate of $466.87 million. Valvoline had a return on equity of 69.71% and a net margin of 4.91%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities research analysts forecast that Valvoline will post 1.63 earnings per share for the current fiscal year.

Insider Activity at Valvoline

In other Valvoline news, CEO Lori Ann Flees bought 4,500 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $30.82 per share, with a total value of $138,690.00. Following the completion of the purchase, the chief executive officer owned 69,267 shares in the company, valued at $2,134,808.94. This represents a 6.95% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Julie Marie O’daniel sold 3,200 shares of the stock in a transaction that occurred 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 completion of the sale, the insider owned 17,251 shares in the company, valued at approximately $549,961.88. The trade was a 15.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.66% of the stock is owned by insiders.

Institutional Trading of Valvoline

Several institutional investors and hedge funds have recently made changes to their positions in the business. Community Bank N.A. bought a new position in shares of Valvoline in the third quarter worth about $27,000. Caitong International Asset Management Co. Ltd boosted its position in Valvoline by 1,621.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company’s stock valued at $38,000 after buying an additional 989 shares during the period. Bayforest Capital Ltd bought a new position in Valvoline in the 3rd quarter worth about $39,000. Elevation Point Wealth Partners LLC bought a new position in Valvoline in the 2nd quarter worth about $43,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Valvoline by 90.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock worth $55,000 after acquiring an additional 691 shares during the period. 96.13% of the stock is currently owned by institutional investors.

About Valvoline

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).