Greenhouse Funds LLLP Has $77.33 Million Stock Position in Valmont Industries, Inc. $VMI

Greenhouse Funds LLLP cut its holdings in shares of Valmont Industries, Inc. (NYSE:VMI) by 1.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,446 shares of the industrial products company’s stock after selling 2,924 shares during the period. Valmont Industries comprises approximately 2.8% of Greenhouse Funds LLLP’s investment portfolio, making the stock its 19th biggest position. Greenhouse Funds LLLP’s holdings in Valmont Industries were worth $77,331,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Millennium Management LLC lifted its position in shares of Valmont Industries by 225.1% during the 1st quarter. Millennium Management LLC now owns 67,630 shares of the industrial products company’s stock worth $19,300,000 after buying an additional 46,825 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Valmont Industries by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 59,127 shares of the industrial products company’s stock worth $16,873,000 after acquiring an additional 4,676 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Valmont Industries in the first quarter worth about $265,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Valmont Industries by 3.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 72,511 shares of the industrial products company’s stock valued at $20,692,000 after purchasing an additional 2,639 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Valmont Industries by 223.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 105 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. 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 note on Wednesday, February 18th. Wall Street Zen cut Valmont Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their target price on Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Finally, DA Davidson lifted their price target on Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $487.00.

Valmont Industries Stock Performance

Shares of Valmont Industries stock opened at $430.67 on Thursday. The stock has a market cap of $8.41 billion, a price-to-earnings ratio of 25.60 and a beta of 1.19. Valmont Industries, Inc. has a twelve month low of $250.07 and a twelve month high of $487.58. The company’s fifty day moving average is $446.74 and its 200 day moving average is $414.99. The company has a quick ratio of 1.58, a current ratio of 2.35 and a debt-to-equity ratio of 0.49.

Valmont Industries (NYSE:VMI) last announced its 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). The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the business earned $3.84 earnings per share. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. Sell-side analysts forecast that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Valmont Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th will be given a dividend of $0.77 per share. The ex-dividend date is Friday, March 27th. This is an increase from Valmont Industries’s previous quarterly dividend of $0.68. This represents a $3.08 annualized dividend and a dividend yield of 0.7%. Valmont Industries’s dividend payout ratio (DPR) is 18.31%.

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.