London Co of Virginia Sells 37,000 NewMarket Shares in $28 Million Trade

5 hours ago 1

Sara Appino, The Motley Fool

Mon, March 9, 2026 astatine 11:59 AM CDT 4 min read

On February 17, 2026, London Co of Virginia disclosed a merchantability of 36,512 shares of NewMarket (NYSE:NEU), an estimated $27.88 cardinal commercialized based connected quarterly mean pricing.

According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, London Co of Virginia reduced its holdings successful NewMarket by 36,512 shares. The estimated transaction value, based connected the mean closing terms during the 4th fourth of 2025, was $27.88 million. At 4th end, the money reported holding 492,820 shares valued astatine $338.71 million, with the position’s quarter-end worth reflecting a $99.71 cardinal alteration owed to some trading and terms changes.

The money continued to trim its NEU holding, which present accounts for 1.95% of its 13F reportable AUM.
Top holdings aft the filing:
- NASDAQ: AAPL: $656.77 cardinal (3.8% of AUM)
- NYSE: NSC: $522.8 cardinal (3.0% of AUM)
- NYSE: GLW: $509.9 cardinal (2.9% of AUM)
- NYSE: BRK-B: $500.85 cardinal (2.9% of AUM)
- NYSE: BLK: $451.6 cardinal (2.6% of AUM)
As of February 13, 2026, NEU shares were priced astatine $592.80, up 10.1% implicit 1 year, underperforming the S&P 500 by 1.68 percent points.

Metric

Value

Price (as of marketplace adjacent February 13, 2026)	$592.80
Market capitalization	$5.56 billion
Revenue (TTM)	$2.73 billion
Net income (TTM)	$418.75 million

Offers petroleum additives, lubricant additives, substance additives, and antiknock compounds for automotive, industrial, and marine applications
Generates gross chiefly done the merchantability of specialty chemic additives utilized successful lubricants and fuels, with further income from contracted manufacturing and spot management
Serves a diversified lawsuit basal including lipid refiners, archetypal instrumentality manufacturers, authorities entities, and concern clients worldwide

NewMarket operates successful the specialty chemicals sector, focusing connected petroleum additives that heighten the show and longevity of lubricants and fuels. Founded successful 1887, it operates internationally successful North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India, serving the automotive, industrial, and vigor markets. The institution reported trailing twelve-month nett income of $418.75 cardinal and offers a diversified merchandise portfolio including lubricant additives, substance additives, and antiknock compounds crossed respective regions.

London Co of Virginia trimmed astir of its portfolio this quarter, cutting positions crossed the committee alternatively than singling retired circumstantial stocks. This looks much similar portfolio rebalancing oregon managing lawsuit redemptions than making circumstantial calls connected idiosyncratic companies.

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