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

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

VMI has been the subject of a number of research analyst reports. DA Davidson upped their price objective on shares of Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. lifted 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. Stifel Nicolaus boosted their target price 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. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a research report on Friday, March 27th. Finally, Wall Street Zen lowered shares of Valmont Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th.

Valmont Industries Trading Down 1.2%

Shares of Valmont Industries stock opened at $401.87 on Friday. The firm has a 50-day simple moving average of $437.88 and a two-hundred day simple moving average of $417.77. 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 has a fifty-two week low of $250.07 and a fifty-two week high of $487.58. The company has a market cap of $7.86 billion, a P/E ratio of 23.89 and a beta of 1.24.

Valmont Industries (NYSE:VMI) last posted its earnings results on Tuesday, February 17th. The industrial products company reported $4.92 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 net margin of 8.53% and a return on equity of 23.82%. Valmont Industries’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the business earned $3.84 earnings per share. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. As a group, equities analysts predict that Valmont Industries will post 18.07 earnings per share for the current fiscal year.

Valmont Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th will be given a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 0.8%. 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 (DPR) is 18.31%.

Institutional Trading of Valmont Industries

Large investors have recently made changes to their positions in the company. Community Bank N.A. acquired a new stake in Valmont Industries during the 3rd quarter worth $25,000. Elyxium Wealth LLC acquired a new stake in shares of Valmont Industries in the fourth quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Valmont Industries in the fourth quarter valued at about $27,000. Leonteq Securities AG acquired a new stake in shares of Valmont Industries in the fourth quarter valued at about $30,000. Finally, First Horizon Corp purchased a new position in shares of Valmont Industries in the third quarter worth about $29,000. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

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.