NEWMARKET CORPORATION
At today's price, NEWMARKET CORPORATION (NEU) is priced for -4.3% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
The single most decisive metric for NewMarket is the durability of its petroleum-additives margin, because the whole verdict turns on it. The company earns a roughly 20% operating margin in a concentrated additives industry, and at $780.84 (June 27, 2026) the price pays only about 14x company-wide operating income, low enough that it implies operating profit actually declines about 3.4% per year for five years. That low implied bar is the crux: if the additives franchise merely holds its margin
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367 institutional managers reported holding NEU in 13F filings for the quarter ended 2026-03-31. Together they hold about 61% of the company; the top 10 hold 37%. 49 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 729k shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (7.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
NEU has cut its share count 14.5% over the past five years, spending $681.25M on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 4 years straight; the current rate is $11.25 a share annually. Cash returned over the past three years: $272.95M in dividends and $234.70M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at NEU over the trailing three years: 2026: 1 buy totaling $248k. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
NEU's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +1.4% | +1.4% |
| 2023-10-27 | +7.9% | +15.4% |
| 2024-02-16 | +5.0% | -2.0% |
| 2024-04-26 | -9.2% | -2.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
NEU's latest 8-K filings: 2026-04-23 (items 5.07, 8.01, 9.01); 2026-04-22 (items 2.02, 9.01); 2026-02-26 (items 8.01, 9.01); 2026-02-26 (items 5.02, 9.01); 2026-02-18 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.