Sumitomo Mitsui Trust Group Inc. Has $1.15 Million Stake in Valmont Industries, Inc. $VMI

Sumitomo Mitsui Trust Group Inc. reduced its stake in Valmont Industries, Inc. (NYSE:VMI) by 38.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,862 shares of the industrial products company’s stock after selling 1,811 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Valmont Industries were worth $1,151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Invesco Ltd. raised its position in Valmont Industries by 8.3% in the 3rd quarter. Invesco Ltd. now owns 422,997 shares of the industrial products company’s stock valued at $164,009,000 after buying an additional 32,382 shares during the last quarter. Earnest Partners LLC raised its position in Valmont Industries by 1.7% in the 3rd quarter. Earnest Partners LLC now owns 399,388 shares of the industrial products company’s stock valued at $154,855,000 after buying an additional 6,799 shares during the last quarter. Sei Investments Co. raised its position in Valmont Industries by 3.1% in the 3rd quarter. Sei Investments Co. now owns 290,948 shares of the industrial products company’s stock valued at $112,809,000 after buying an additional 8,715 shares during the last quarter. Allianz Asset Management GmbH raised its position in Valmont Industries by 1.2% in the 3rd quarter. Allianz Asset Management GmbH now owns 283,740 shares of the industrial products company’s stock valued at $110,015,000 after buying an additional 3,379 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in Valmont Industries by 118.8% in the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock valued at $108,884,000 after buying an additional 153,418 shares during the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wall Street Zen lowered Valmont Industries from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Valmont Industries in a research report on Friday, March 27th. JPMorgan Chase & Co. increased their price target on Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Stifel Nicolaus increased their price target on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, DA Davidson increased their price target on Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $487.00.

Valmont Industries Stock Down 0.1%

Shares of NYSE:VMI opened at $412.12 on Monday. The company has a market capitalization of $8.06 billion, a PE ratio of 24.50 and a beta of 1.24. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.35 and a quick ratio of 1.58. The business has a fifty day moving average price of $430.15 and a two-hundred day moving average price of $421.35. Valmont Industries, Inc. has a 1 year low of $267.02 and a 1 year high of $487.58.

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

Valmont Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th were paid a $0.77 dividend. This is a boost from Valmont Industries’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, March 27th. This represents a $3.08 dividend on an annualized basis and a yield of 0.7%. Valmont Industries’s dividend payout ratio is currently 18.31%.

About Valmont Industries

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.