Vulcan Materials (NYSE:VMC) Issues Earnings Results

Vulcan Materials (NYSE:VMC) posted its quarterly earnings data on Wednesday. The construction company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.46 by $0.13, Zacks reports. The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Vulcan Materials had a return on equity of 13.05% and a net margin of 13.75%.The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.42 EPS.

Here are the key takeaways from Vulcan Materials’ conference call:

• Adjusted EBITDA held near prior-year levels at $654 million despite nearly $40 million of energy-related headwinds. Aggregates cash gross profit per ton exceeded $12 and increased $0.14 year over year, supported by operational efficiencies and pricing.
• Aggregates mix-adjusted pricing rose 5% year over year, with higher prices across geographies, while shipments increased 1%. Management said pricing remains its primary lever to offset persistent fuel inflation and expects to exit 2026 at the high end of its 4%–6% pricing range.
• Public infrastructure, data centers, power projects, LNG, and manufacturing are supporting demand and providing several years of shipment visibility. Residential construction remains weak because of affordability constraints, while warehouse activity is broadly flat.
• Vulcan reiterated its full-year 2026 adjusted EBITDA guidance of $2.4 billion to $2.6 billion, citing healthy backlogs, robust quoting activity, and expected modest aggregate shipment growth.
• The NAFTA tribunal found that Mexico’s actions were arbitrary, grossly unfair, unjust, and violated NAFTA, but the majority awarded Vulcan only immaterial damages, limiting the financial benefit of the ruling.

Vulcan Materials Price Performance

NYSE:VMC traded up $0.12 during trading hours on Friday, hitting $271.36. The company’s stock had a trading volume of 874,925 shares, compared to its average volume of 1,186,987. Vulcan Materials has a twelve month low of $252.35 and a twelve month high of $331.09. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.76 and a quick ratio of 1.89. The stock has a fifty day simple moving average of $288.31 and a 200-day simple moving average of $290.02. The company has a market capitalization of $35.21 billion, a P/E ratio of 32.03, a PEG ratio of 2.04 and a beta of 1.05.

Vulcan Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Thursday, August 13th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 13th. Vulcan Materials’s dividend payout ratio is currently 24.56%.

Insider Buying and Selling

In other news, SVP David P. Clement sold 2,212 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $292.29, for a total value of $646,545.48. Following the completion of the transaction, the senior vice president owned 8,716 shares of the company’s stock, valued at approximately $2,547,599.64. This represents a 20.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.65% of the company’s stock.

Institutional Investors Weigh In On Vulcan Materials

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Birchwood Financial Partners Inc. bought a new position in Vulcan Materials in the 4th quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Vulcan Materials during the third quarter worth $30,000. Kemnay Advisory Services Inc. bought a new stake in shares of Vulcan Materials during the fourth quarter worth $40,000. DV Equities LLC acquired a new position in shares of Vulcan Materials during the fourth quarter worth $53,000. Finally, UMB Bank n.a. increased its holdings in shares of Vulcan Materials by 30.4% during the fourth quarter. UMB Bank n.a. now owns 266 shares of the construction company’s stock worth $76,000 after buying an additional 62 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VMC. Stifel Nicolaus set a $333.00 price objective on shares of Vulcan Materials in a report on Thursday, April 30th. Oppenheimer started coverage on Vulcan Materials in a research note on Thursday, May 28th. They issued a “market perform” rating for the company. Berenberg Bank set a $283.00 price objective on Vulcan Materials and gave the stock a “hold” rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada upped their target price on Vulcan Materials from $293.00 to $300.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Raymond James Financial reissued an “outperform” rating on shares of Vulcan Materials in a report on Wednesday, July 15th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Vulcan Materials has an average rating of “Moderate Buy” and an average price target of $327.93.

Vulcan Materials Company Profile

Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.

Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.