Valmont Industries (NYSE:VMI – Get Free Report) updated its FY 2029 earnings guidance on Tuesday. The company provided EPS guidance of 35.000-35.000 for the period. The company issued revenue guidance of -. Valmont Industries also updated its FY 2026 guidance to 21.500-23.500 EPS.
Wall Street Analyst Weigh In
Several research firms recently commented on VMI. DA Davidson raised their target price on Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Oppenheimer set a $600.00 target price on Valmont Industries and gave the stock an “outperform” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. raised their target price on Valmont Industries from $520.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday. Wall Street Zen raised Valmont Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 31st. Finally, Stifel Nicolaus raised their target price on Valmont Industries from $541.00 to $645.00 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Valmont Industries presently has an average rating of “Moderate Buy” and an average price target of $573.75.
Read Our Latest Research Report on Valmont Industries
Valmont Industries Stock Up 1.9%
Valmont Industries (NYSE:VMI – Get Free Report) last posted its earnings results on Tuesday, April 21st. The industrial products company reported $5.51 EPS for the quarter, topping the consensus estimate of $4.72 by $0.79. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $994.85 million. Valmont Industries had a return on equity of 24.94% and a net margin of 8.91%.Valmont Industries’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $4.32 earnings per share. As a group, sell-side analysts anticipate that Valmont Industries will post 22.83 earnings per share for the current year.
Valmont Industries Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Friday, June 26th will be given a dividend of $0.77 per share. The ex-dividend date is Friday, June 26th. This represents a $3.08 dividend on an annualized basis and a yield of 0.5%. Valmont Industries’s dividend payout ratio is currently 17.10%.
Insider Transactions at Valmont Industries
In other Valmont Industries news, Director Mogens C. Bay sold 17,500 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $492.34, for a total transaction of $8,615,950.00. Following the transaction, the director owned 112,309 shares in the company, valued at approximately $55,294,213.06. This represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.42% of the company’s stock.
Key Headlines Impacting Valmont Industries
Here are the key news stories impacting Valmont Industries this week:
- Positive Sentiment: Stifel Nicolaus raised its price target on Valmont Industries to $645 from $541 and reiterated a buy rating, signaling confidence in further upside potential. Stifel price target raised on Valmont Industries
- Positive Sentiment: JPMorgan also lifted its target to $600 from $520 and kept an overweight rating, adding to bullish sentiment around the stock. JPMorgan raises Valmont Industries target
- Positive Sentiment: Valmont’s Investor Day and related materials highlighted ongoing infrastructure margin gains, utility demand, backlog growth, and raised fiscal 2026 guidance, reinforcing the company’s longer-term growth story. Valmont Industries Investor Day announcement
- Neutral Sentiment: The company hosted its 2026 Investor Day, which may have helped keep attention on the stock, but the event itself was mainly informational rather than a direct operational catalyst. Investor Day transcript
- Neutral Sentiment: Valmont reiterated fiscal 2026 EPS guidance of $21.50 to $23.50 and revenue guidance of $4.2 billion to $4.4 billion, which was broadly in line with expectations and supports the current valuation. Valmont Industries guidance update
Hedge Funds Weigh In On Valmont Industries
A number of hedge funds have recently bought and sold shares of the business. Millennium Management LLC lifted its position in shares of Valmont Industries by 225.1% in the first quarter. Millennium Management LLC now owns 67,630 shares of the industrial products company’s stock valued at $19,300,000 after acquiring an additional 46,825 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Valmont Industries by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 59,127 shares of the industrial products company’s stock valued at $16,873,000 after acquiring an additional 4,676 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Valmont Industries in the first quarter valued at approximately $265,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Valmont Industries by 3.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 72,511 shares of the industrial products company’s stock valued at $20,692,000 after acquiring an additional 2,639 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Valmont Industries by 223.4% in the first quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 87.84% of the company’s stock.
Valmont Industries Company 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.
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