Oppenheimer Asset Management Inc. Makes New $2.85 Million Investment in Valvoline $VVV

Oppenheimer Asset Management Inc. acquired a new stake in Valvoline (NYSE:VVV) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 72,124 shares of the basic materials company’s stock, valued at approximately $2,852,000. Oppenheimer Asset Management Inc. owned 0.06% of Valvoline at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VVV. Measured Wealth Private Client Group LLC bought a new stake in shares of Valvoline in the first quarter worth about $28,000. Caitong International Asset Management Co. Ltd raised its position in Valvoline by 1,621.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 989 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in Valvoline in the 1st quarter worth approximately $42,000. EverSource Wealth Advisors LLC lifted its holdings in Valvoline by 90.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,458 shares of the basic materials company’s stock worth $55,000 after buying an additional 691 shares during the period. Finally, UMB Bank n.a. grew its position in shares of Valvoline by 20.3% in the 4th quarter. UMB Bank n.a. now owns 1,906 shares of the basic materials company’s stock worth $55,000 after buying an additional 321 shares during the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Jordan M. Denny acquired 1,506 shares of the stock in a transaction on Wednesday, August 12th. The stock was acquired at an average price of $33.20 per share, with a total value of $49,999.20. Following the completion of the transaction, the chief accounting officer owned 4,121 shares of the company’s stock, valued at $136,817.20. This represents a 57.59% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jonathan L. Caldwell sold 2,851 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the transaction, the insider directly owned 20,918 shares of the company’s stock, valued at $836,720. This represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.66% of the stock is currently owned by corporate insiders.

Valvoline Stock Up 0.9%

Shares of NYSE:VVV opened at $34.07 on Friday. Valvoline has a 52-week low of $28.50 and a 52-week high of $41.33. The firm has a market capitalization of $4.35 billion, a P/E ratio of 42.59 and a beta of 1.00. The stock has a 50 day moving average price of $38.00 and a 200-day moving average price of $35.83. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.58 and a current ratio of 0.70.

Valvoline (NYSE:VVV) last released 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 return on equity of 65.12% and a net margin of 5.17%.The company had revenue of $544.60 million during the quarter, compared to analysts’ expectations of $543.21 million. During the same quarter last year, the business posted $0.47 EPS. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, equities research analysts anticipate that Valvoline will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VVV has been the topic of several research analyst reports. Royal Bank Of Canada reduced their target price on Valvoline from $47.00 to $46.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Citigroup reiterated a “neutral” rating on shares of Valvoline in a report on Thursday, July 16th. Stephens boosted their price objective on shares of Valvoline from $44.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Finally, TD Cowen dropped their target price on shares of Valvoline from $47.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $42.56.

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).