Valvoline $VVV Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its position in shares of Valvoline (NYSE:VVV) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 545,600 shares of the basic materials company’s stock after selling 4,278 shares during the period. Valvoline comprises 1.1% of Leeward Investments LLC MA’s portfolio, making the stock its 18th largest position. Leeward Investments LLC MA owned 0.43% of Valvoline worth $20,662,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. L. Roy Papp & Associates LLP lifted its position in shares of Valvoline by 2.0% during the second quarter. L. Roy Papp & Associates LLP now owns 18,440 shares of the basic materials company’s stock worth $698,000 after purchasing an additional 360 shares in the last quarter. Isthmus Partners LLC lifted its position in shares of Valvoline by 4.2% during the first quarter. Isthmus Partners LLC now owns 9,544 shares of the basic materials company’s stock worth $332,000 after purchasing an additional 387 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Valvoline by 2.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 17,496 shares of the basic materials company’s stock worth $695,000 after purchasing an additional 437 shares in the last quarter. Meridian Wealth Management LLC lifted its position in shares of Valvoline by 5.8% during the first quarter. Meridian Wealth Management LLC now owns 8,058 shares of the basic materials company’s stock worth $280,000 after purchasing an additional 443 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Valvoline by 67.5% during the second quarter. Parallel Advisors LLC now owns 1,164 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 469 shares in the last quarter. 96.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VVV has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Valvoline in a research report on Friday. Zacks Research raised shares of Valvoline to a “hold” rating in a report on Tuesday, August 12th. Piper Sandler upped their price target on shares of Valvoline from $44.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Cfra Research raised shares of Valvoline to a “hold” rating in a report on Monday, July 7th. Finally, Wells Fargo & Company cut their price target on shares of Valvoline from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $42.62.

Insider Buying and Selling at Valvoline

In other Valvoline news, CFO J Kevin Willis bought 12,725 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were bought at an average cost of $39.41 per share, with a total value of $501,492.25. Following the completion of the acquisition, the chief financial officer owned 12,725 shares of the company’s stock, valued at approximately $501,492.25. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.66% of the company’s stock.

Valvoline Stock Down 0.3%

Shares of NYSE:VVV opened at $33.73 on Friday. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 15.69 and a beta of 1.18. Valvoline has a 1-year low of $31.01 and a 1-year high of $43.74. The company’s fifty day moving average is $37.39 and its two-hundred day moving average is $36.44. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73.

Valvoline (NYSE:VVV) last issued its earnings results on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The company had revenue of $439.00 million for the quarter, compared to analysts’ expectations of $436.35 million. Valvoline had a net margin of 16.43% and a return on equity of 84.85%. The firm’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 earnings per share. Equities analysts anticipate that Valvoline will post 1.63 EPS for the current year.

Valvoline 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.