Valmont Industries, Inc. $VMI Shares Bought by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. raised its holdings in Valmont Industries, Inc. (NYSE:VMI) by 838.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,837 shares of the industrial products company’s stock after buying an additional 29,339 shares during the period. Jupiter Asset Management Ltd.’s holdings in Valmont Industries were worth $12,732,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VMI. Syon Capital LLC increased its position in shares of Valmont Industries by 15.4% during the third quarter. Syon Capital LLC now owns 1,562 shares of the industrial products company’s stock worth $606,000 after acquiring an additional 208 shares during the period. First National Bank of Omaha acquired a new position in Valmont Industries during the 3rd quarter worth $1,376,000. Rothschild Investment LLC purchased a new stake in Valmont Industries during the 3rd quarter worth about $164,000. Skandinaviska Enskilda Banken AB publ raised its position in Valmont Industries by 30.2% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 306 shares of the industrial products company’s stock valued at $119,000 after purchasing an additional 71 shares in the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Valmont Industries in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 87.84% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Valmont Industries Stock Performance

Shares of VMI opened at $471.53 on Friday. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 28.03 and a beta of 1.22. Valmont Industries, Inc. has a 52-week low of $250.07 and a 52-week high of $487.58. The company has a quick ratio of 1.50, a current ratio of 2.35 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average price of $437.35 and a 200 day moving average price of $407.84.

Valmont Industries (NYSE:VMI) last issued its quarterly earnings data 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). Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the firm posted $3.84 EPS. The firm’s quarterly revenue was up .1% compared to the same quarter last year. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. Research analysts predict that Valmont Industries, Inc. will post 18.07 EPS for the current fiscal year.

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.