Victory Capital Management Boosts NewMarket Stake

Investment firm increases ownership in specialty chemicals company by over 50%

Published on Mar. 11, 2026

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Victory Capital Management Inc. has increased its stake in NewMarket Corporation (NYSE:NEU), a specialty chemicals company headquartered in Richmond, Virginia, by 50.4% in the third quarter. The institutional investor now owns 17,078 shares of the company's stock, worth approximately $14.1 million.

Why it matters

This investment signals Victory Capital's confidence in NewMarket's business and growth potential. As a major shareholder, Victory Capital's increased stake could influence the company's strategic direction and financial decisions going forward.

The details

According to a recent SEC filing, Victory Capital Management acquired an additional 5,720 shares of NewMarket, bringing its total ownership to 17,078 shares. This represents approximately 0.18% of NewMarket's outstanding stock. The investment firm cited NewMarket's strong performance and growth prospects as reasons for increasing its position in the specialty chemicals company.

  • Victory Capital Management filed the 13F form disclosing the increased stake in the 3rd quarter of the year.

The players

Victory Capital Management Inc.

An investment management firm that oversees over $157 billion in assets for individual and institutional clients.

NewMarket Corporation

A specialty chemicals and lubricants company headquartered in Richmond, Virginia. The company operates through its Valvoline automotive aftermarket products business and its chemical additives segment.

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The takeaway

Victory Capital's increased stake in NewMarket signals the investment firm's confidence in the specialty chemicals company's long-term growth potential. As a major shareholder, Victory Capital's influence could shape NewMarket's strategic direction and financial decisions going forward.