Valmont Industries (NYSE:VMI) Lowered to “Hold” Rating by Wall Street Zen

Valmont Industries (NYSE:VMI) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. raised their target price on Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Stifel Nicolaus lifted their price objective on shares of Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. DA Davidson upped their target price on shares of Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $487.00.

Valmont Industries Stock Down 1.8%

Shares of VMI opened at $459.75 on Friday. The company’s 50-day moving average price is $442.61 and its 200 day moving average price is $411.12. Valmont Industries has a 12-month low of $250.07 and a 12-month high of $487.58. The company has a current ratio of 2.35, a quick ratio of 1.58 and a debt-to-equity ratio of 0.49. The firm has a market cap of $8.98 billion, a P/E ratio of 27.33 and a beta of 1.22.

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

Hedge Funds Weigh In On Valmont Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Azzad Asset Management Inc. ADV acquired a new stake in shares of Valmont Industries in the third quarter valued at about $739,000. Jackson Creek Investment Advisors LLC purchased a new position in Valmont Industries in the 3rd quarter valued at approximately $1,658,000. Asset Management One Co. Ltd. raised its holdings in Valmont Industries by 441.2% during the third quarter. Asset Management One Co. Ltd. now owns 4,941 shares of the industrial products company’s stock worth $1,916,000 after purchasing an additional 4,028 shares during the last quarter. Cornerstone Planning Group LLC purchased a new stake in Valmont Industries during the third quarter worth $5,663,000. Finally, Allianz Asset Management GmbH raised its stake in shares of Valmont Industries by 1.2% during the 3rd quarter. Allianz Asset Management GmbH now owns 283,740 shares of the industrial products company’s stock worth $110,015,000 after buying an additional 3,379 shares during the last quarter. 87.84% of the stock is owned by institutional investors and hedge funds.

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.