Valmont Industries, Inc. (NYSE:VMI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

A number of research firms have recently issued reports on VMI. Stifel Nicolaus raised their price target on 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 reissued a “hold (c+)” rating on shares of Valmont Industries in a report on Friday. DA Davidson raised their target price on 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. boosted their price target on Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” 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 research report on Saturday, February 28th.

Valmont Industries Stock Performance

Shares of VMI stock opened at $398.91 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.35 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average price of $439.50 and a 200-day moving average price of $417.96. Valmont Industries has a 52 week low of $250.07 and a 52 week high of $487.58. The firm has a market capitalization of $7.80 billion, a PE ratio of 23.72 and a beta of 1.19.

Valmont Industries (NYSE:VMI) last issued its 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). Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the business posted $3.84 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. As a group, equities research analysts expect that Valmont Industries will post 18.07 earnings per share for the current year.

Valmont Industries Increases Dividend

The firm also recently announced 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 is an increase from Valmont Industries’s previous quarterly dividend of $0.68. This represents a $3.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 27th. Valmont Industries’s dividend payout ratio is currently 18.31%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC lifted its position in Valmont Industries by 225.1% during the first quarter. Millennium Management LLC now owns 67,630 shares of the industrial products company’s stock valued at $19,300,000 after purchasing an additional 46,825 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Valmont Industries by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 59,127 shares of the industrial products company’s stock worth $16,873,000 after buying an additional 4,676 shares during the period. Empowered Funds LLC bought a new position in shares of Valmont Industries in the first quarter worth about $265,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Valmont Industries by 3.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 72,511 shares of the industrial products company’s stock valued at $20,692,000 after buying an additional 2,639 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Valmont Industries by 223.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 105 shares during the period. Hedge funds and other institutional investors 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.