1,339,407 Shares in Valvoline $VVV Acquired by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board bought a new stake in Valvoline (NYSE:VVV) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 1,339,407 shares of the basic materials company’s stock, valued at approximately $52,960,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Valvoline by 298.5% during the 1st quarter. Royal Bank of Canada now owns 253,447 shares of the basic materials company’s stock worth $8,822,000 after acquiring an additional 189,842 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Valvoline by 4.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock valued at $29,887,000 after purchasing an additional 37,657 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Valvoline by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 487,609 shares of the basic materials company’s stock worth $16,974,000 after purchasing an additional 20,947 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Valvoline by 15.7% during the 1st quarter. Jane Street Group LLC now owns 124,071 shares of the basic materials company’s stock worth $4,319,000 after purchasing an additional 16,865 shares during the last quarter. Finally, Creative Planning grew its stake in shares of Valvoline by 40.1% during the second quarter. Creative Planning now owns 8,225 shares of the basic materials company’s stock worth $311,000 after purchasing an additional 2,353 shares in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Analyst Upgrades and Downgrades

VVV has been the topic of several recent analyst reports. Zacks Research lowered Valvoline from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. TD Cowen reaffirmed a “buy” rating on shares of Valvoline in a report on Wednesday, August 19th. Roth Capital reaffirmed a “buy” rating and set a $46.00 price objective on shares of Valvoline in a research report on Friday, May 8th. New Street Research set a $47.00 price objective on Valvoline in a report on Monday, July 20th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $45.00 target price on shares of Valvoline in a research report on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.88.

Valvoline Stock Down 2.2%

Shares of NYSE:VVV opened at $32.02 on Friday. The firm has a 50 day simple moving average of $37.27 and a 200-day simple moving average of $35.80. Valvoline has a twelve month low of $28.50 and a twelve month high of $41.33. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 3.77. The company has a market capitalization of $4.08 billion, a PE ratio of 40.02 and a beta of 1.00.

Valvoline (NYSE:VVV) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm had revenue of $544.60 million for the quarter, compared to the consensus estimate of $543.21 million. During the same period last year, the firm posted $0.47 EPS. The company’s revenue was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. On average, equities analysts predict that Valvoline will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Valvoline

In other news, insider Julie Marie O’daniel sold 3,700 shares of Valvoline stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $33.81, for a total transaction of $125,097.00. Following the sale, the insider owned 14,279 shares in the company, valued at approximately $482,772.99. The trade was a 20.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jonathan L. Caldwell sold 2,851 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the completion of the sale, the insider directly owned 20,918 shares of the company’s stock, valued at $836,720. The trade was a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.66% of the stock is currently owned by 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).