Vanguard Group Inc. Trims Holdings in Valmont Industries, Inc. $VMI

Vanguard Group Inc. lowered its stake in shares of Valmont Industries, Inc. (NYSE:VMI) by 2.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,938,610 shares of the industrial products company’s stock after selling 51,250 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Valmont Industries worth $751,657,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its stake in Valmont Industries by 2.7% during the second quarter. Franklin Resources Inc. now owns 525,890 shares of the industrial products company’s stock worth $171,740,000 after purchasing an additional 13,578 shares in the last quarter. Invesco Ltd. boosted its holdings in Valmont Industries by 83.5% during the 2nd quarter. Invesco Ltd. now owns 390,615 shares of the industrial products company’s stock valued at $127,563,000 after acquiring an additional 177,749 shares during the period. Geode Capital Management LLC grew its position in Valmont Industries by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 354,241 shares of the industrial products company’s stock valued at $115,704,000 after acquiring an additional 1,321 shares in the last quarter. Impax Asset Management Group plc increased its stake in Valmont Industries by 0.8% during the second quarter. Impax Asset Management Group plc now owns 313,588 shares of the industrial products company’s stock worth $102,408,000 after purchasing an additional 2,500 shares during the period. Finally, Allianz Asset Management GmbH lifted its position in shares of Valmont Industries by 1.2% during the third quarter. Allianz Asset Management GmbH now owns 283,740 shares of the industrial products company’s stock worth $110,015,000 after purchasing an additional 3,379 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VMI. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday, December 29th. DA Davidson raised their target price on Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. increased their price target on shares of Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Finally, Stifel Nicolaus boosted their price objective on shares of Valmont Industries from $492.00 to $501.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $487.00.

Valmont Industries Price Performance

Shares of NYSE:VMI opened at $471.53 on Monday. Valmont Industries, Inc. has a one year low of $250.07 and a one year high of $487.58. The stock has a market capitalization of $9.29 billion, a price-to-earnings ratio of 28.03 and a beta of 1.22. The company has a 50-day simple moving average of $437.35 and a 200-day simple moving average of $408.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.58 and a current ratio of 2.35.

Valmont Industries (NYSE:VMI) last issued its quarterly earnings results on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.95 by ($0.03). Valmont Industries had a net margin of 8.53% and a return on equity of 23.82%. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the firm earned $3.84 EPS. The business’s revenue was up .1% on a year-over-year basis. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. On average, analysts predict that Valmont Industries, Inc. will post 18.07 EPS for the current year.

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.