CIBC Bancorp USA Inc. Makes New $25.39 Million Investment in Valvoline $VVV

CIBC Bancorp USA Inc. bought a new stake in shares of Valvoline (NYSE:VVV) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 707,149 shares of the basic materials company’s stock, valued at approximately $25,394,000. CIBC Bancorp USA Inc. owned approximately 0.56% of Valvoline at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of 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 purchasing an additional 189,842 shares during the period. Goldman Sachs Group Inc. lifted its stake in Valvoline by 4.6% in the first quarter. Goldman Sachs Group Inc. now owns 858,584 shares of the basic materials company’s stock worth $29,887,000 after purchasing an additional 37,657 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Valvoline by 4.5% in the first 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 boosted its position in shares of Valvoline by 15.7% during the first quarter. Jane Street Group LLC now owns 124,071 shares of the basic materials company’s stock valued at $4,319,000 after buying an additional 16,865 shares during the period. Finally, ProShare Advisors LLC bought a new position in shares of Valvoline during the second quarter valued at approximately $213,000. Institutional investors own 96.13% of the company’s stock.

Valvoline Stock Performance

VVV stock opened at $33.37 on Thursday. Valvoline has a 1-year low of $28.50 and a 1-year high of $41.33. The business has a 50-day moving average price of $35.13 and a 200 day moving average price of $34.08. The company has a market capitalization of $4.25 billion, a P/E ratio of 49.81 and a beta of 1.16. The company has a debt-to-equity ratio of 5.31, a current ratio of 0.70 and a quick ratio of 0.57.

Valvoline (NYSE:VVV) last issued its earnings results on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.03. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The company had revenue of $461.80 million for the quarter, compared to analysts’ expectations of $466.87 million. During the same period in the prior year, the business earned $0.32 EPS. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, equities research analysts forecast that Valvoline will post 1.63 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on VVV. Piper Sandler reduced their price target on Valvoline from $50.00 to $41.00 and set an “overweight” rating on the stock in a report on Thursday, November 20th. Wells Fargo & Company boosted their price objective on Valvoline from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. downgraded Valvoline from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $30.00 to $35.00 in a research report on Thursday, February 12th. Wall Street Zen upgraded Valvoline from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Zacks Research upgraded Valvoline from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Eleven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.25.

Insider Activity

In related news, insider Julie Marie O’daniel sold 4,312 shares of Valvoline stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $38.55, for a total transaction of $166,227.60. Following the transaction, the insider directly owned 17,979 shares of the company’s stock, valued at $693,090.45. This trade represents a 19.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.66% of the company’s stock.

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).