Vanguard Group Inc. Trims Stock Position in Valmont Industries, Inc. $VMI

Vanguard Group Inc. decreased its stake in Valmont Industries, Inc. (NYSE:VMI) by 2.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,938,610 shares of the industrial products company’s stock after selling 51,250 shares during the quarter. Vanguard Group Inc. owned approximately 9.84% of Valmont Industries worth $751,657,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First Horizon Corp purchased a new stake in Valmont Industries in the 3rd quarter worth approximately $29,000. Abich Financial Wealth Management LLC purchased a new stake in Valmont Industries during the third quarter worth $36,000. Farther Finance Advisors LLC grew its position in Valmont Industries by 357.1% during the third quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after buying an additional 75 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Valmont Industries by 93.9% in the second quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 62 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Valmont Industries by 223.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 105 shares in the last quarter. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VMI shares. DA Davidson increased their target price on Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their target price on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday, December 29th. Finally, Stifel Nicolaus boosted their price target on Valmont Industries from $492.00 to $501.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $487.00.

Valmont Industries Trading Up 1.7%

Shares of VMI stock opened at $471.53 on Monday. The company has a current ratio of 2.35, a quick ratio of 1.58 and a debt-to-equity ratio of 0.49. Valmont Industries, Inc. has a twelve month low of $250.07 and a twelve month high of $487.58. The company’s 50-day moving average price is $437.35 and its 200-day moving average price is $408.41. The stock has a market cap of $9.29 billion, a price-to-earnings ratio of 28.03 and a beta of 1.22.

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

Valmont Industries Profile

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.