Greenup Street Wealth Management LLC raised its position in Vulcan Materials Company (NYSE:VMC – Free Report) by 24.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 12,869 shares of the construction company’s stock after acquiring an additional 2,541 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in Vulcan Materials were worth $3,148,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in Vulcan Materials during the 2nd quarter worth $2,868,444,000. SCS Capital Management LLC acquired a new position in Vulcan Materials during the 2nd quarter valued at about $19,628,000. Silvant Capital Management LLC acquired a new position in Vulcan Materials during the 2nd quarter valued at about $35,140,000. Tidal Investments LLC increased its position in Vulcan Materials by 5.8% during the 2nd quarter. Tidal Investments LLC now owns 37,181 shares of the construction company’s stock valued at $10,969,000 after buying an additional 2,041 shares in the last quarter. Finally, Veritas Asset Management LLP purchased a new stake in Vulcan Materials in the second quarter valued at about $306,641,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Vulcan Materials Price Performance
NYSE VMC opened at $281.59 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.43 and a quick ratio of 1.20. The stock’s fifty day moving average price is $255.77 and its 200 day moving average price is $280.40. Vulcan Materials Company has a 1 year low of $237.03 and a 1 year high of $331.09. The company has a market cap of $36.49 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 2.89 and a beta of 1.05.
Vulcan Materials (NYSE:VMC – Get Free Report) last issued its earnings results on Thursday, October 29th. The construction company reported $2.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.02. Vulcan Materials had a return on equity of 13.03% and a net margin of 13.77%. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business posted $2.84 EPS. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. As a group, equities research analysts forecast that Vulcan Materials Company will post 8.91 earnings per share for the current year.
Vulcan Materials Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Monday, November 9th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Monday, November 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.7%. Vulcan Materials’s dividend payout ratio is currently 24.62%.
Insider Transactions at Vulcan Materials
In related news, Director J. Hill sold 14,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $276.17, for a total value of $3,866,380.00. Following the sale, the director owned 58,209 shares in the company, valued at $16,075,579.53. This represents a 19.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David P. Clement sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $285.10, for a total value of $570,200.00. Following the completion of the sale, the senior vice president owned 6,716 shares in the company, valued at approximately $1,914,731.60. This represents a 22.95% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.65% of the stock is currently owned by corporate insiders.
Key Vulcan Materials News
Here are the key news stories impacting Vulcan Materials this week:
- Positive Sentiment: Q3 earnings beat estimates: Vulcan reported adjusted EPS of $2.83, narrowly above the $2.81 consensus. Management also highlighted pricing strength, operational efficiencies and an approximately $2.4 billion 2026 adjusted EBITDA target. Vulcan Reports Third Quarter 2026 Results
- Positive Sentiment: Forward outlook and capital returns supported sentiment: Vulcan said it is targeting earnings growth again in 2027, expanded through acquisitions in Tennessee and southern Ohio, and returned $417 million to shareholders through buybacks and dividends. Vulcan outlook analysis
- Positive Sentiment: D.A. Davidson became more bullish: The firm raised its price target from $315 to $330 and assigned a “buy” rating, implying meaningful upside from recent trading levels.
- Neutral Sentiment: Analyst views remain divided: RBC raised its target slightly to $257 while maintaining “sector perform,” and BNP Paribas reduced its target to $281. The mixed recommendations may limit the impact of the bullish target increase.
- Negative Sentiment: Revenue and volumes weakened: Third-quarter revenue fell about 4.7% year over year to roughly $2.19 billion, below the $2.24 billion consensus, while aggregates shipments declined 3%. Lower 2026 EBITDA guidance and cautious forecasts from Wells Fargo and Stifel remain overhangs. Vulcan Q3 earnings report
- Negative Sentiment: Wells Fargo maintained a cautious stance: Although it raised its target from $249 to $253, it kept an “underweight” rating, indicating its view that the stock is priced above fundamental value.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. Wall Street Zen downgraded Vulcan Materials from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Royal Bank Of Canada upped their price objective on shares of Vulcan Materials from $256.00 to $257.00 and gave the company a “sector perform” rating in a report on Friday. Truist Financial decreased their price objective on shares of Vulcan Materials from $360.00 to $320.00 and set a “buy” rating for the company in a research report on Monday, October 5th. BNP Paribas Exane lowered their target price on shares of Vulcan Materials from $290.00 to $281.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Wells Fargo & Company boosted their target price on shares of Vulcan Materials from $249.00 to $253.00 and gave the stock an “underweight” rating in a research report on Friday. Twelve equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $308.78.
Check Out Our Latest Stock Analysis on VMC
About Vulcan Materials
Vulcan Materials Company (NYSE: VMC) is a producer and distributor of construction materials used in infrastructure, commercial, residential and industrial projects. The company is the largest producer of construction aggregates in the United States, including crushed stone, sand and gravel.
In addition to aggregates, Vulcan Materials produces asphalt mix, ready-mixed concrete and cement. Its materials are used in roads, bridges, airports, commercial buildings, homes and other construction applications.
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