Valmont Industries (NYSE:VMI) Cut to Hold at Zacks Research

Zacks Research lowered shares of Valmont Industries (NYSE:VMI) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

VMI has been the topic of a number of other research reports. Weiss Ratings upgraded Valmont Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Stifel Nicolaus raised their price target on Valmont Industries from $645.00 to $678.00 and gave the stock a “buy” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on Valmont Industries from $520.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Wall Street Zen raised Valmont Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Finally, Oppenheimer set a $600.00 price objective on Valmont Industries and gave the stock an “outperform” rating in a report on Thursday, May 28th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $587.00.

Valmont Industries Trading Down 3.4%

Valmont Industries stock opened at $487.94 on Monday. Valmont Industries has a 12 month low of $352.60 and a 12 month high of $585.71. The company has a quick ratio of 1.59, a current ratio of 2.35 and a debt-to-equity ratio of 0.42. The stock has a market cap of $9.47 billion, a P/E ratio of 19.00, a P/E/G ratio of 1.17 and a beta of 1.33. The company’s fifty day simple moving average is $539.13 and its 200-day simple moving average is $477.68.

Valmont Industries (NYSE:VMI) last announced its quarterly earnings data on Tuesday, July 21st. The industrial products company reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.80 by $0.34. Valmont Industries had a return on equity of 25.57% and a net margin of 11.70%.The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the company earned $4.88 earnings per share. Valmont Industries’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Valmont Industries will post 22.82 EPS for the current fiscal year.

Valmont Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Friday, June 26th were paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, June 26th. Valmont Industries’s dividend payout ratio is 17.10%.

Insider Activity

In other news, Director Mogens C. Bay sold 17,500 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $492.34, for a total transaction of $8,615,950.00. Following the transaction, the director owned 112,309 shares of the company’s stock, valued at approximately $55,294,213.06. This represents a 13.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Valmont Industries

A number of large investors have recently added to or reduced their stakes in VMI. Invesco Ltd. raised its position in shares of Valmont Industries by 8.3% in the third quarter. Invesco Ltd. now owns 422,997 shares of the industrial products company’s stock valued at $164,009,000 after purchasing an additional 32,382 shares during the period. Geode Capital Management LLC lifted its stake in shares of Valmont Industries by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 369,059 shares of the industrial products company’s stock worth $148,509,000 after buying an additional 12,480 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Valmont Industries by 3.1% during the 3rd quarter. Sei Investments Co. now owns 290,948 shares of the industrial products company’s stock worth $112,809,000 after buying an additional 8,715 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Valmont Industries by 118.8% during the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock worth $108,884,000 after buying an additional 153,418 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its stake in Valmont Industries by 3.7% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 252,605 shares of the industrial products company’s stock valued at $100,933,000 after buying an additional 9,130 shares during the last quarter. Institutional investors own 87.84% of the company’s stock.

Valmont Industries News Summary

Here are the key news stories impacting Valmont Industries this week:

• Positive Sentiment: Valmont posted stronger-than-expected Q2 results, with EPS of $6.14 versus the consensus near $5.80 and revenue of $1.12 billion above estimates. Article: Valmont Industries (VMI) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 sales and earnings outlook, helped by strength in utilities and coatings, which supports the longer-term investment case. Article: VMI Q2 Earnings Beat Estimates on Utility Strength, FY26 View Raised
• Neutral Sentiment: Analyst sentiment remains constructive overall, with JPMorgan raising its price target to $620 and keeping an overweight rating, suggesting Wall Street still sees upside from current levels. Article: JPMorgan Raises Valmont Industries Price Target
• Neutral Sentiment: However, Zacks Research downgraded Valmont to hold, reflecting a more cautious stance after the earnings move. Article: Zacks Research Downgrades Valmont Industries
• Negative Sentiment: Investors are still weighing weakness in agriculture and softer telecom demand, which may be tempering enthusiasm despite the earnings beat and guidance increase. Article: Valmont Industries slips as investors weigh a modest guidance raise against lingering weak spots

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.