Valmont Industries, Inc. $VMI Shares Bought by CW Advisors LLC

CW Advisors LLC raised its position in Valmont Industries, Inc. (NYSE:VMI) by 17.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,482 shares of the industrial products company’s stock after buying an additional 2,426 shares during the period. CW Advisors LLC owned about 0.08% of Valmont Industries worth $5,383,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VMI. WPG Advisers LLC purchased a new position in shares of Valmont Industries in the 1st quarter valued at about $27,000. Smartleaf Asset Management LLC increased its position in shares of Valmont Industries by 87.7% in the first quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company’s stock valued at $31,000 after buying an additional 50 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of Valmont Industries by 93.9% in the second quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company’s stock valued at $42,000 after buying an additional 62 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Valmont Industries by 223.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock worth $43,000 after buying an additional 105 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Valmont Industries during the 2nd quarter valued at approximately $46,000. 87.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Valmont Industries

In related news, insider James Christopher Colwell sold 375 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $410.68, for a total value of $154,005.00. Following the transaction, the insider directly owned 7,286 shares in the company, valued at approximately $2,992,214.48. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Valmont Industries Stock Performance

Shares of Valmont Industries stock opened at $415.95 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.50 and a current ratio of 2.26. The business’s 50 day moving average price is $404.01 and its 200 day moving average price is $368.52. The company has a market cap of $8.19 billion, a price-to-earnings ratio of 35.83 and a beta of 1.20. Valmont Industries, Inc. has a one year low of $250.07 and a one year high of $427.81.

Valmont Industries (NYSE:VMI) last issued its earnings results on Tuesday, October 21st. The industrial products company reported $4.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.64 by $0.34. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Valmont Industries had a return on equity of 22.92% and a net margin of 6.33%.The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company earned $4.11 EPS. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. On average, research analysts predict that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Valmont Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 26th will be issued a dividend of $0.68 per share. The ex-dividend date is Friday, December 26th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.7%. Valmont Industries’s dividend payout ratio (DPR) is currently 23.43%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VMI. Stifel Nicolaus boosted their price target on shares of Valmont Industries from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Monday, October 20th. JPMorgan Chase & Co. initiated coverage on shares of Valmont Industries in a research note on Friday, September 26th. They set an “overweight” rating and a $480.00 target price for the company. DA Davidson raised their price target on shares of Valmont Industries from $400.00 to $415.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday. Finally, Wall Street Zen upgraded Valmont Industries from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the 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.