Cooke & Bieler LP Purchases 419,094 Shares of Valvoline $VVV

Cooke & Bieler LP boosted its holdings in shares of Valvoline (NYSE:VVVFree Report) by 14.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,337,000 shares of the basic materials company’s stock after acquiring an additional 419,094 shares during the quarter. Cooke & Bieler LP owned approximately 2.63% of Valvoline worth $119,832,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Boston Partners raised its holdings in shares of Valvoline by 67.3% during the 2nd quarter. Boston Partners now owns 3,977,293 shares of the basic materials company’s stock valued at $150,604,000 after purchasing an additional 1,599,973 shares in the last quarter. Norges Bank acquired a new position in Valvoline during the second quarter worth $57,739,000. Mawer Investment Management Ltd. raised its holdings in Valvoline by 118.8% during the second quarter. Mawer Investment Management Ltd. now owns 2,678,878 shares of the basic materials company’s stock valued at $101,449,000 after buying an additional 1,454,458 shares in the last quarter. Channing Capital Management LLC lifted its position in shares of Valvoline by 189.8% in the second quarter. Channing Capital Management LLC now owns 2,163,631 shares of the basic materials company’s stock worth $81,937,000 after buying an additional 1,417,156 shares during the last quarter. Finally, Sculptor Capital LP lifted its position in shares of Valvoline by 47.5% in the second quarter. Sculptor Capital LP now owns 3,000,000 shares of the basic materials company’s stock worth $113,610,000 after buying an additional 966,500 shares during the last quarter. 96.13% of the stock is owned by institutional investors.

Insider Transactions at Valvoline

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

Valvoline Trading Down 0.8%

Shares of Valvoline stock opened at $32.94 on Monday. Valvoline has a 1 year low of $28.50 and a 1 year high of $41.33. The company’s fifty day simple moving average is $30.79 and its 200-day simple moving average is $34.48. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 20.08 and a beta of 1.18. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10.

Valvoline (NYSE:VVVGet Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The basic materials company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The company had revenue of $453.80 million during the quarter, compared to the consensus estimate of $455.70 million. Valvoline had a net margin of 12.32% and a return on equity of 72.49%. During the same period last year, the company earned $0.46 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS. As a group, sell-side analysts expect that Valvoline will post 1.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VVV shares. Mizuho lowered their price objective on Valvoline from $43.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Zacks Research upgraded Valvoline from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Roth Mkm initiated coverage on shares of Valvoline in a research note on Wednesday, December 17th. They issued a “buy” rating and a $42.00 price objective for the company. Citigroup decreased their price objective on shares of Valvoline from $35.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, November 20th. Finally, Robert W. Baird dropped their target price on shares of Valvoline from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $38.87.

View Our Latest Research Report on VVV

Valvoline Company Profile

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Valvoline (NYSE:VVV)

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