Shares of Valmont Industries, Inc. (NYSE:VMI – Get Free Report) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $487.00.
VMI has been the topic of several research reports. Wall Street Zen cut shares of Valmont Industries from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Valmont Industries in a report on Monday, December 29th. DA Davidson lifted 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. Stifel Nicolaus upped their price objective on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. increased their target price on Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th.
Get Our Latest Stock Report on Valmont Industries
Valmont Industries Price Performance
Valmont Industries (NYSE:VMI – Get Free Report) 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). Valmont Industries had a net margin of 8.53% and a return on equity of 23.82%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the business earned $3.84 EPS. The business’s revenue was up .1% compared to the same quarter last year. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. On average, sell-side analysts forecast that Valmont Industries will post 18.07 EPS for the current year.
Valmont Industries Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 27th will be issued a $0.77 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $3.08 dividend on an annualized basis and a yield of 0.7%. This is an increase from Valmont Industries’s previous quarterly dividend of $0.68. Valmont Industries’s payout ratio is 18.31%.
Hedge Funds Weigh In On Valmont Industries
A number of hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC raised its holdings in Valmont Industries by 24.4% during the fourth quarter. Hsbc Holdings PLC now owns 4,469 shares of the industrial products company’s stock valued at $1,805,000 after acquiring an additional 877 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Valmont Industries in the 4th quarter worth approximately $27,000. MidFirst Bank bought a new position in Valmont Industries in the 4th quarter worth approximately $464,000. DGS Capital Management LLC bought a new stake in shares of Valmont Industries during the fourth quarter valued at approximately $255,000. Finally, Kera Capital Partners Inc. lifted its holdings in shares of Valmont Industries by 31.7% in the fourth quarter. Kera Capital Partners Inc. now owns 1,376 shares of the industrial products company’s stock worth $613,000 after buying an additional 331 shares in the last quarter. 87.84% of the stock is currently owned by 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.
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