Valmont Industries (NYSE:VMI) Hits New 1-Year High – Should You Buy?

Shares of Valmont Industries, Inc. (NYSE:VMI) reached a new 52-week high during trading on Monday . The company traded as high as $432.89 and last traded at $432.9890, with a volume of 84871 shares traded. The stock had previously closed at $425.58.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Valmont Industries in a report on Monday, December 29th. Stifel Nicolaus increased their price objective on Valmont Industries from $475.00 to $491.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. Wall Street Zen upgraded Valmont Industries from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. JPMorgan Chase & Co. assumed coverage on Valmont Industries in a research report on Friday, September 26th. They issued an “overweight” rating and a $480.00 target price on the stock. Finally, DA Davidson increased their price target on shares of Valmont Industries from $400.00 to $415.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $462.00.

Valmont Industries Stock Up 1.9%

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 $409.35 and its 200 day moving average price is $385.76. The firm has a market cap of $8.55 billion, a price-to-earnings ratio of 37.37 and a beta of 1.20.

Valmont Industries (NYSE:VMI) last announced its quarterly 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. Valmont Industries had a net margin of 6.33% and a return on equity of 22.92%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the firm posted $4.11 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. On average, equities analysts forecast that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Valmont Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, December 26th will be given 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 yield of 0.6%. Valmont Industries’s dividend payout ratio is currently 23.43%.

Insider Buying and Selling

In other news, insider James Christopher Colwell sold 375 shares of the business’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 completion of the sale, the insider directly owned 7,286 shares in the company, valued at $2,992,214.48. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Valmont Industries

Institutional investors have recently added to or reduced their stakes in the stock. Community Bank N.A. acquired a new position in Valmont Industries during the third quarter worth $25,000. First Horizon Corp purchased a new position in Valmont Industries in the 3rd quarter valued at about $29,000. Abich Financial Wealth Management LLC acquired a new stake in Valmont Industries in the 3rd quarter worth about $36,000. Farther Finance Advisors LLC increased its stake in Valmont Industries by 357.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after buying an additional 75 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Valmont Industries by 335.7% during the third quarter. Jones Financial Companies Lllp now owns 122 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 94 shares during the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

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.