Arcadia Investment Management Corp MI Has $328,000 Holdings in Valmont Industries, Inc. $VMI

Arcadia Investment Management Corp MI cut its position in shares of Valmont Industries, Inc. (NYSE:VMI) by 12.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,003 shares of the industrial products company’s stock after selling 140 shares during the period. Arcadia Investment Management Corp MI’s holdings in Valmont Industries were worth $328,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in VMI. WPG Advisers LLC bought a new position in Valmont Industries during the first quarter valued at approximately $27,000. Smartleaf Asset Management LLC raised its holdings in shares of Valmont Industries by 87.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 50 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Valmont Industries by 93.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 62 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Valmont Industries in the second quarter worth $46,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Valmont Industries during the second quarter worth $47,000. Institutional investors own 87.84% of the company’s stock.

Valmont Industries Stock Down 0.2%

VMI opened at $397.55 on Friday. The business has a 50 day moving average of $396.11 and a 200-day moving average of $358.92. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 34.24 and a beta of 1.21. The company has a current ratio of 2.26, a quick ratio of 1.50 and a debt-to-equity ratio of 0.46. Valmont Industries, Inc. has a 1-year low of $250.07 and a 1-year high of $427.81.

Valmont Industries (NYSE:VMI) last released its earnings results on Tuesday, October 21st. The industrial products company reported $4.98 EPS for the quarter, beating the consensus estimate of $4.64 by $0.34. Valmont Industries had a net margin of 6.33% and a return on equity of 22.92%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company earned $4.11 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. As a group, sell-side analysts anticipate that Valmont Industries, Inc. will post 18.07 earnings per share for the current year.

Valmont Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, December 26th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, December 26th. Valmont Industries’s dividend payout ratio (DPR) is presently 23.43%.

Insiders Place Their Bets

In related news, insider James Christopher Colwell sold 375 shares of the business’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $410.68, for a total transaction of $154,005.00. Following the transaction, the insider directly owned 7,286 shares in the company, valued at $2,992,214.48. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on VMI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Valmont Industries in a research report on Thursday. Wall Street Zen upgraded Valmont Industries from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Stifel Nicolaus increased their price target on Valmont Industries from $400.00 to $450.00 and gave the company a “buy” rating in a report on Monday, October 20th. DA Davidson lifted their price target on shares of Valmont Industries from $400.00 to $415.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. began coverage on shares of Valmont Industries in a report on Friday, September 26th. They set an “overweight” rating and a $480.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $448.33.

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.