Valmont Industries, Inc. (NYSE:VMI) Receives $462.00 Consensus PT from Analysts

Shares of Valmont Industries, Inc. (NYSE:VMI) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $462.00.

Several research analysts have commented on VMI shares. Wall Street Zen raised Valmont Industries from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Stifel Nicolaus lifted their target price on shares of Valmont Industries from $475.00 to $491.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. started coverage on shares of Valmont Industries in a research report on Friday, September 26th. They set an “overweight” rating and a $480.00 price objective on the stock. Finally, DA Davidson lifted their price objective on shares of Valmont Industries from $400.00 to $415.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd.

Valmont Industries Price Performance

Shares of NYSE:VMI opened at $440.79 on Friday. Valmont Industries has a 12 month low of $250.07 and a 12 month high of $440.79. The firm has a market capitalization of $8.68 billion, a P/E ratio of 37.97 and a beta of 1.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.26 and a quick ratio of 1.50. The company’s fifty day moving average price is $411.44 and its 200 day moving average price is $387.84.

Valmont Industries (NYSE:VMI) last released its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $4.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.64 by $0.34. Valmont Industries had a net margin of 6.33% and a return on equity of 22.92%. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the firm posted $4.11 earnings per share. Valmont Industries’s revenue for the quarter was up 2.5% on a year-over-year basis. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. As a group, sell-side analysts predict that Valmont Industries will post 18.07 earnings per share for the current fiscal year.

Valmont Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, December 26th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.6%. Valmont Industries’s dividend payout ratio (DPR) is currently 23.43%.

Insider Transactions at Valmont Industries

In other Valmont Industries news, insider James Christopher Colwell sold 375 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $410.68, for a total transaction of $154,005.00. Following the completion of the sale, the insider directly owned 7,286 shares of the company’s stock, valued at $2,992,214.48. This represents a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Valmont Industries during the second quarter worth $77,860,000. Invesco Ltd. raised its position in Valmont Industries by 83.5% during the 2nd quarter. Invesco Ltd. now owns 390,615 shares of the industrial products company’s stock worth $127,563,000 after buying an additional 177,749 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Valmont Industries by 118.8% in the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock worth $108,884,000 after acquiring an additional 153,418 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Valmont Industries by 882.8% in the third quarter. Schroder Investment Management Group now owns 98,962 shares of the industrial products company’s stock valued at $37,829,000 after acquiring an additional 88,893 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in shares of Valmont Industries by 179.6% during the second quarter. Qube Research & Technologies Ltd now owns 117,342 shares of the industrial products company’s stock worth $38,320,000 after acquiring an additional 75,377 shares during the period. Institutional investors and hedge funds own 87.84% of the company’s stock.

About Valmont Industries

Valmont Industries, Inc (NYSE: VMI) is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont’s solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.

The company operates through several core business segments.