NewMarket
About: NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels.
Employees: 2,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 91
4% more capital invested
Capital invested by funds: $3.16B [Q2] → $3.28B (+$119M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% less funds holding
Funds holding: 314 [Q2] → 313 (-1) [Q3]
2% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 41
1.72% less ownership
Funds ownership: 63.97% [Q2] → 62.24% (-1.72%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for NEU.