Caitlin John LLC Makes New Investment in Valmont Industries, Inc. $VMI

Caitlin John LLC acquired a new position in shares of Valmont Industries, Inc. (NYSE:VMI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,278 shares of the industrial products company’s stock, valued at approximately $1,070,000.

A number of other large investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. grew its stake in Valmont Industries by 14,300.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 2,016 shares of the industrial products company’s stock worth $658,000 after buying an additional 2,002 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Valmont Industries by 466.7% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,800 shares of the industrial products company’s stock valued at $2,222,000 after purchasing an additional 5,600 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Valmont Industries by 47.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,794 shares of the industrial products company’s stock valued at $1,296,000 after purchasing an additional 1,215 shares in the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Valmont Industries in the 2nd quarter valued at approximately $201,000. Finally, Aaron Wealth Advisors LLC acquired a new stake in shares of Valmont Industries in the 2nd quarter valued at approximately $271,000. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VMI has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Valmont Industries from a “buy” rating to a “hold” rating in a research note on Sunday, September 7th. Stifel Nicolaus raised their price target on shares of Valmont Industries from $345.00 to $382.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, DA Davidson raised their price target on shares of Valmont Industries from $380.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Valmont Industries has an average rating of “Moderate Buy” and a consensus target price of $391.00.

Valmont Industries Stock Performance

NYSE:VMI opened at $374.84 on Monday. The company has a fifty day moving average of $365.86 and a 200-day moving average of $329.57. The firm has a market capitalization of $7.40 billion, a P/E ratio of 34.90 and a beta of 1.14. The company has a quick ratio of 1.44, a current ratio of 2.15 and a debt-to-equity ratio of 0.48. Valmont Industries, Inc. has a twelve month low of $250.07 and a twelve month high of $388.55.

Valmont Industries (NYSE:VMI) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $4.88 earnings per share for the quarter, beating the consensus estimate of $4.78 by $0.10. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. Valmont Industries had a net margin of 5.98% and a return on equity of 22.10%. Valmont Industries’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.91 EPS. Valmont Industries has set its FY 2025 guidance at 17.500-19.500 EPS. As a group, sell-side analysts anticipate that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Valmont Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th will be paid a $0.68 dividend. The ex-dividend date is Friday, September 26th. This represents a $2.72 annualized dividend and a dividend yield of 0.7%. Valmont Industries’s payout ratio is currently 25.33%.

Insider Buying and Selling at Valmont Industries

In other news, CAO Timothy P. Francis sold 2,867 shares of Valmont Industries stock in a transaction on Friday, August 1st. The shares were sold at an average price of $358.52, for a total value of $1,027,876.84. Following the completion of the sale, the chief accounting officer owned 9,746 shares in the company, valued at $3,494,135.92. The trade was a 22.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is owned by corporate insiders.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.