Valmont Industries, Inc. $VMI Stock Holdings Lessened by First Trust Advisors LP

First Trust Advisors LP reduced its stake in shares of Valmont Industries, Inc. (NYSE:VMI) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 179,076 shares of the industrial products company’s stock after selling 3,515 shares during the quarter. First Trust Advisors LP owned approximately 0.91% of Valmont Industries worth $69,433,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMI. Franklin Resources Inc. boosted its stake in shares of Valmont Industries by 2.7% during the 2nd quarter. Franklin Resources Inc. now owns 525,890 shares of the industrial products company’s stock valued at $171,740,000 after buying an additional 13,578 shares during the period. Invesco Ltd. increased its stake in shares of Valmont Industries by 83.5% in the second quarter. Invesco Ltd. now owns 390,615 shares of the industrial products company’s stock worth $127,563,000 after acquiring an additional 177,749 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Valmont Industries by 0.4% in the second quarter. Geode Capital Management LLC now owns 354,241 shares of the industrial products company’s stock worth $115,704,000 after acquiring an additional 1,321 shares during the last quarter. Impax Asset Management Group plc raised its holdings in shares of Valmont Industries by 0.8% during the second quarter. Impax Asset Management Group plc now owns 313,588 shares of the industrial products company’s stock worth $102,408,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its position in Valmont Industries by 1.2% during the third quarter. Allianz Asset Management GmbH now owns 283,740 shares of the industrial products company’s stock valued at $110,015,000 after purchasing an additional 3,379 shares during the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Valmont Industries Price Performance

NYSE VMI opened at $426.91 on Wednesday. Valmont Industries, Inc. has a fifty-two week low of $250.07 and a fifty-two week high of $487.58. The stock’s 50-day moving average is $446.19 and its two-hundred day moving average is $414.88. The firm has a market cap of $8.34 billion, a P/E ratio of 25.38 and a beta of 1.19. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.35 and a quick ratio of 1.58.

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

Valmont Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th will be issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 0.7%. This is a boost from Valmont Industries’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, March 27th. Valmont Industries’s dividend payout ratio is 16.17%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VMI. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday, December 29th. Wall Street Zen downgraded Valmont Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Stifel Nicolaus boosted their price target on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. DA Davidson increased their price objective on Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. raised their price objective 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. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Valmont Industries has a consensus rating of “Moderate Buy” and an average target price of $487.00.

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.