TD Cowen Boosts Valvoline (NYSE:VVV) Price Target to $47.00

Valvoline (NYSE:VVV) had its price objective lifted by investment analysts at TD Cowen from $42.00 to $47.00 in a report released on Monday, MarketBeat reports. The firm presently has a “buy” rating on the basic materials company’s stock. TD Cowen’s target price would indicate a potential upside of 19.19% from the company’s previous close.

Several other brokerages have also commented on VVV. Weiss Ratings restated a “hold (c-)” rating on shares of Valvoline in a report on Friday, May 29th. Roth Capital reissued a “buy” rating and issued a $46.00 target price on shares of Valvoline in a research report on Friday, May 8th. Citigroup restated a “neutral” rating on shares of Valvoline in a research note on Thursday, July 16th. Piper Sandler restated an “overweight” rating and set a $44.00 price target (up from $41.00) on shares of Valvoline in a research report on Friday, May 8th. Finally, Wells Fargo & Company lifted their price target on Valvoline from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.50.

Valvoline Stock Down 0.3%

Shares of Valvoline stock opened at $39.43 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 4.61. Valvoline has a 12-month low of $28.50 and a 12-month high of $41.33. The company has a market cap of $5.03 billion, a P/E ratio of 54.02 and a beta of 0.99. The company’s fifty day simple moving average is $36.78 and its two-hundred day simple moving average is $35.14.

Valvoline (NYSE:VVV) last posted its earnings results on Thursday, May 7th. The basic materials company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $503.80 million during the quarter, compared to analysts’ expectations of $495.67 million. Valvoline had a net margin of 5.03% and a return on equity of 66.54%. The company’s quarterly revenue was up 25.0% compared to the same quarter last year. During the same period last year, the company posted $0.34 EPS. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. Research analysts anticipate that Valvoline will post 1.75 EPS for the current year.

Insider Buying and Selling at Valvoline

In related news, CFO J Kevin Willis purchased 10,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $31.80 per share, with a total value of $318,000.00. Following the transaction, the chief financial officer directly owned 32,725 shares in the company, valued at $1,040,655. This trade represents a 44.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jennifer Lynn Slater purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average price 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 disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 14,100 shares of company stock worth $450,877 in the last ninety days. 0.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On Valvoline

Several hedge funds have recently added to or reduced their stakes in the stock. Fulton Bank N.A. increased its holdings in shares of Valvoline by 18.1% during the second quarter. Fulton Bank N.A. now owns 12,280 shares of the basic materials company’s stock valued at $486,000 after acquiring an additional 1,886 shares in the last quarter. Trust Point Inc. bought a new position in Valvoline in the 2nd quarter worth about $211,000. GAMMA Investing LLC grew its position in Valvoline by 39.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,435 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 409 shares during the last quarter. Empowered Funds LLC grew its position in Valvoline by 38.0% during the 1st quarter. Empowered Funds LLC now owns 6,424 shares of the basic materials company’s stock valued at $216,000 after purchasing an additional 1,768 shares during the last quarter. Finally, Summitry LLC increased its stake in Valvoline by 15.8% during the 1st quarter. Summitry LLC now owns 9,200 shares of the basic materials company’s stock valued at $310,000 after purchasing an additional 1,258 shares in the last quarter. 96.13% of the stock is owned by institutional investors.

Valvoline Company 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).