Valmont Industries, Inc. $VMI Shares Acquired by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lifted its stake in shares of Valmont Industries, Inc. (NYSE:VMI) by 838.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,837 shares of the industrial products company’s stock after acquiring an additional 29,339 shares during the period. Jupiter Asset Management Ltd. owned 0.17% of Valmont Industries worth $12,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Syon Capital LLC increased its position in Valmont Industries by 15.4% during the third quarter. Syon Capital LLC now owns 1,562 shares of the industrial products company’s stock worth $606,000 after purchasing an additional 208 shares during the last quarter. First National Bank of Omaha acquired a new position in Valmont Industries in the 3rd quarter valued at about $1,376,000. Rothschild Investment LLC purchased a new stake in shares of Valmont Industries in the 3rd quarter valued at approximately $164,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Valmont Industries by 30.2% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 306 shares of the industrial products company’s stock worth $119,000 after buying an additional 71 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Valmont Industries during the 3rd quarter valued at approximately $36,000. Institutional investors and hedge funds own 87.84% of the company’s stock.

Valmont Industries Stock Up 1.7%

NYSE:VMI opened at $471.53 on Friday. Valmont Industries, Inc. has a 52 week low of $250.07 and a 52 week high of $487.58. The stock’s fifty day moving average is $437.35 and its two-hundred day moving average is $407.84. The stock has a market capitalization of $9.29 billion, a price-to-earnings ratio of 28.03 and a beta of 1.22. The company has a quick ratio of 1.50, a current ratio of 2.35 and a debt-to-equity ratio of 0.49.

Valmont Industries (NYSE:VMI) last posted its quarterly earnings data on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.95 by ($0.03). Valmont Industries had a net margin of 8.53% and a return on equity of 23.82%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the firm posted $3.84 EPS. Valmont Industries’s quarterly revenue was up .1% compared to the same quarter last year. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. Research analysts anticipate that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on VMI shares. DA Davidson increased their price objective on Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday. Stifel Nicolaus upped their price target on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $487.00.

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.