Brokerages Set Valmont Industries, Inc. (NYSE:VMI) PT at $487.00

Valmont Industries, Inc. (NYSE:VMI) has received an average rating of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $487.00.

VMI has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. Stifel Nicolaus upped their price target on shares of Valmont Industries from $492.00 to $501.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. DA Davidson raised their price objective on shares of Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen cut Valmont Industries from a “buy” rating to a “hold” rating in a report on Saturday, February 28th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Community Bank N.A. bought a new stake in Valmont Industries in the third quarter worth about $25,000. Elyxium Wealth LLC bought a new position in shares of Valmont Industries during the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Valmont Industries in the 4th quarter worth approximately $27,000. First Horizon Corp acquired a new position in shares of Valmont Industries in the 3rd quarter worth approximately $29,000. Finally, Leonteq Securities AG bought a new stake in shares of Valmont Industries in the 4th quarter worth approximately $30,000. Institutional investors own 87.84% of the company’s stock.

Valmont Industries Stock Up 0.1%

VMI opened at $392.34 on Friday. The stock’s 50 day moving average price is $441.39 and its 200 day moving average price is $417.80. 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 stock has a market cap of $7.67 billion, a P/E ratio of 23.33 and a beta of 1.19. Valmont Industries has a 12 month low of $250.07 and a 12 month high of $487.58.

Valmont Industries (NYSE:VMI) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $1.04 billion. Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The company’s revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.84 EPS. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. As a group, research analysts predict that Valmont Industries will post 18.07 earnings per share for the current year.

Valmont Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th will be given a dividend of $0.77 per share. This is a boost from Valmont Industries’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, March 27th. This represents a $3.08 annualized dividend and a dividend yield of 0.8%. Valmont Industries’s payout ratio is 18.31%.

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.