Valmont Industries (NYSE:VMI) Rating Lowered to “Hold” at Wall Street Zen

Valmont Industries (NYSE:VMI) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other analysts also recently commented on VMI. Stifel Nicolaus upped their price objective on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. DA Davidson boosted their target price on Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. 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, February 18th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $487.00.

Valmont Industries Stock Performance

Shares of VMI opened at $459.75 on Friday. The company’s 50 day simple moving average is $442.61 and its 200-day simple moving average is $411.55. The firm has a market cap of $8.98 billion, a PE ratio of 27.33 and a beta of 1.19. Valmont Industries has a 12-month low of $250.07 and a 12-month high of $487.58. 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 (NYSE:VMI) last issued its quarterly earnings results on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share for the quarter, missing analysts’ consensus estimates of $4.95 by ($0.03). The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.84 EPS. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. As a group, equities analysts predict that Valmont Industries will post 18.07 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MidFirst Bank acquired a new stake in shares of Valmont Industries in the 4th quarter worth approximately $464,000. DGS Capital Management LLC acquired a new stake in Valmont Industries in the fourth quarter valued at $255,000. Kera Capital Partners Inc. increased its position in shares of Valmont Industries by 31.7% in the fourth quarter. Kera Capital Partners Inc. now owns 1,376 shares of the industrial products company’s stock valued at $613,000 after buying an additional 331 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Valmont Industries during the 4th quarter worth $487,000. Finally, Corient Private Wealth LLC raised its stake in shares of Valmont Industries by 980.4% during the 4th quarter. Corient Private Wealth LLC now owns 78,040 shares of the industrial products company’s stock worth $31,397,000 after buying an additional 70,817 shares during the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

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.