Crawford Investment Counsel Inc. Lowers Holdings in Valmont Industries, Inc. $VMI

Crawford Investment Counsel Inc. reduced its position in shares of Valmont Industries, Inc. (NYSE:VMI) by 18.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,137 shares of the industrial products company’s stock after selling 5,773 shares during the period. Crawford Investment Counsel Inc. owned approximately 0.13% of Valmont Industries worth $9,747,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VMI. Franklin Resources Inc. raised its position in shares of Valmont Industries by 2.7% in the second quarter. Franklin Resources Inc. now owns 525,890 shares of the industrial products company’s stock worth $171,740,000 after buying an additional 13,578 shares in the last quarter. Invesco Ltd. grew its position in Valmont Industries by 8.3% during the third quarter. Invesco Ltd. now owns 422,997 shares of the industrial products company’s stock worth $164,009,000 after buying an additional 32,382 shares in the last quarter. Geode Capital Management LLC increased its stake in Valmont Industries by 0.4% in the 2nd 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. Sei Investments Co. increased its stake 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 worth $112,809,000 after acquiring an additional 8,715 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in shares of 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 acquiring an additional 3,379 shares in the last quarter. Institutional investors own 87.84% of the company’s stock.

Valmont Industries Trading Down 2.6%

Shares of VMI opened at $409.03 on Friday. Valmont Industries, Inc. has a fifty-two week low of $250.07 and a fifty-two week high of $487.58. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 24.32 and a beta of 1.19. The firm has a 50 day moving average price of $447.03 and a 200-day moving average price of $415.54. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.58 and a current ratio of 2.35.

Valmont Industries (NYSE:VMI) last released its earnings results on Tuesday, February 17th. The industrial products company reported $4.92 EPS for the quarter, missing the consensus estimate of $4.95 by ($0.03). The business had revenue of $1.04 billion for 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%. Valmont Industries’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $3.84 EPS. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. As a group, equities research analysts forecast that Valmont Industries, Inc. will post 18.07 earnings per share for the current year.

Valmont Industries Increases Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their price objective on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Stifel Nicolaus lifted their target price on shares of Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. DA Davidson boosted their price target on shares of Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen lowered shares of Valmont Industries from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Valmont Industries has an average rating of “Moderate Buy” and a consensus price target of $487.00.

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.