Richard Joseph Freeland Buys 3,100 Shares of Valvoline (NYSE:VVV) Stock
by Doug Wharley · The Cerbat GemValvoline (NYSE:VVV – Get Free Report) Director Richard Joseph Freeland bought 3,100 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were acquired at an average cost of $32.37 per share, for a total transaction of $100,347.00. Following the purchase, the director directly 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Valvoline Stock Performance
Valvoline stock traded up $0.65 during mid-day trading on Friday, hitting $33.03. 610,443 shares of the company’s stock traded hands, compared to its average volume of 2,083,505. The firm has a 50 day moving average price of $33.84 and a 200 day moving average price of $33.14. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 4.61. The company has a market cap of $4.21 billion, a PE ratio of 45.26 and a beta of 1.03. Valvoline has a one year low of $28.50 and a one year high of $41.33.
Valvoline (NYSE:VVV – Get Free Report) last announced its earnings results on Thursday, May 7th. The basic materials company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.06. Valvoline had a return on equity of 66.54% and a net margin of 5.03%.The firm had revenue of $503.80 million for the quarter, compared to the consensus estimate of $495.67 million. During the same quarter in the previous year, the business earned $0.34 EPS. The firm’s revenue for the quarter was up 25.0% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.650-1.750 EPS. On average, equities analysts forecast that Valvoline will post 1.74 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded Valvoline from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Stifel Nicolaus lifted their price target on Valvoline from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings upgraded Valvoline from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. TD Cowen reiterated a “buy” rating on shares of Valvoline in a research report on Monday, January 26th. Finally, Piper Sandler reiterated 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. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.36.
Check Out Our Latest Stock Analysis on VVV
Hedge Funds Weigh In On Valvoline
A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Valvoline by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 12,323,516 shares of the basic materials company’s stock worth $358,121,000 after acquiring an additional 94,813 shares during the last quarter. Boston Partners grew its holdings in shares of Valvoline by 20.6% in the 4th quarter. Boston Partners now owns 6,679,911 shares of the basic materials company’s stock worth $194,449,000 after acquiring an additional 1,142,290 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Valvoline by 11.2% in the 4th quarter. Wellington Management Group LLP now owns 6,067,541 shares of the basic materials company’s stock worth $176,323,000 after acquiring an additional 610,014 shares during the last quarter. Fiduciary Management Inc. WI grew its holdings in shares of Valvoline by 4.6% in the 4th quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock worth $144,497,000 after acquiring an additional 220,642 shares during the last quarter. Finally, Cooke & Bieler LP grew its holdings in shares of Valvoline by 28.3% in the 4th quarter. Cooke & Bieler LP now owns 4,281,095 shares of the basic materials company’s stock worth $124,409,000 after acquiring an additional 944,095 shares during the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.
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).