Valvoline (NYSE:VVV) Receives “Outperform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Valvoline (NYSE:VVV) in a report published on Monday,Benzinga reports. The brokerage currently has a $46.00 price objective on the basic materials company’s stock.

Several other research firms have also recently weighed in on VVV. The Goldman Sachs Group reaffirmed a “buy” rating and set a $43.00 price objective on shares of Valvoline in a research report on Wednesday, February 4th. Wells Fargo & Company lifted their price target on Valvoline from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Stifel Nicolaus raised Valvoline from a “hold” rating to a “buy” rating and upped their price target for the stock from $40.00 to $42.00 in a research note on Monday, March 23rd. Jefferies Financial Group started coverage on Valvoline in a report on Wednesday, December 17th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, Citigroup raised their price objective on Valvoline from $34.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $40.38.

Valvoline Price Performance

Shares of Valvoline stock opened at $33.11 on Monday. The business has a 50 day moving average of $35.46 and a 200 day moving average of $33.74. Valvoline has a 52 week low of $28.50 and a 52 week high of $41.33. The company has a market cap of $4.22 billion, a PE ratio of 49.42 and a beta of 1.16. The company has a quick ratio of 0.57, a current ratio of 0.70 and a debt-to-equity ratio of 5.31.

Valvoline (NYSE:VVV) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. Valvoline had a net margin of 4.91% and a return on equity of 69.71%. The business had revenue of $461.80 million for the quarter, compared to the consensus estimate of $466.87 million. During the same period in the previous year, the firm earned $0.32 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. 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 earnings per share for the current year.

Insider Activity

In other news, insider Julie Marie O’daniel sold 4,312 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $38.55, for a total value of $166,227.60. Following the sale, the insider directly owned 17,979 shares of the company’s stock, valued at $693,090.45. The trade was a 19.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.66% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Cooke & Bieler LP grew its position in Valvoline by 14.4% during the 3rd quarter. Cooke & Bieler LP now owns 3,337,000 shares of the basic materials company’s stock valued at $119,832,000 after purchasing an additional 419,094 shares during the last quarter. Balefire LLC raised its holdings in Valvoline by 47.4% in the fourth quarter. Balefire LLC now owns 90,798 shares of the basic materials company’s stock worth $2,639,000 after buying an additional 29,204 shares during the last quarter. TimesSquare Capital Management LLC lifted its stake in shares of Valvoline by 3.2% in the third quarter. TimesSquare Capital Management LLC now owns 922,502 shares of the basic materials company’s stock worth $33,127,000 after buying an additional 28,259 shares in the last quarter. Fieldview Capital Management LLC bought a new position in shares of Valvoline in the third quarter worth approximately $3,287,000. Finally, Crescent Park Management L.P. purchased a new stake in shares of Valvoline during the second quarter valued at approximately $4,648,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

About Valvoline

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).