Dimensional Fund Advisors LP Has $155.62 Million Stake in Valmont Industries, Inc. $VMI

Dimensional Fund Advisors LP trimmed its stake in shares of Valmont Industries, Inc. (NYSE:VMI) by 2.5% in the first quarter, Holdings Channel.com reports. The firm owned 389,496 shares of the industrial products company’s stock after selling 10,036 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Valmont Industries were worth $155,616,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Robert B. Daugherty Foundation acquired a new stake in Valmont Industries during the 4th quarter worth approximately $100,580,000. Norges Bank bought a new position in shares of Valmont Industries during the fourth quarter valued at $99,799,000. Ninety One UK Ltd bought a new position in Valmont Industries during the 4th quarter worth approximately $66,103,000. AQR Capital Management LLC boosted its stake in shares of Valmont Industries by 118.8% in the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock valued at $108,884,000 after purchasing an additional 153,418 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Valmont Industries by 179.6% during the second quarter. Qube Research & Technologies Ltd now owns 117,342 shares of the industrial products company’s stock worth $38,320,000 after buying an additional 75,377 shares during the last quarter. 87.84% of the stock is currently owned by institutional investors.

Valmont Industries Price Performance

VMI opened at $486.07 on Monday. The firm has a 50-day moving average price of $538.15 and a 200-day moving average price of $478.69. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.42. Valmont Industries, Inc. has a twelve month low of $353.41 and a twelve month high of $585.71. The company has a market capitalization of $9.43 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 1.11 and a beta of 1.33.

Valmont Industries (NYSE:VMI) last posted its earnings results on Tuesday, July 21st. The industrial products company reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.80 by $0.34. Valmont Industries had a return on equity of 25.57% and a net margin of 11.70%.The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the business posted $4.88 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts expect that Valmont Industries, Inc. will post 22.96 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on VMI shares. Weiss Ratings raised Valmont Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Wall Street Zen upgraded Valmont Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Oppenheimer set a $600.00 price target on shares of Valmont Industries and gave the stock an “outperform” rating in a report on Thursday, May 28th. Stifel Nicolaus increased their price target on Valmont Industries from $645.00 to $678.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. lifted their price target on Valmont Industries from $600.00 to $620.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Four 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $587.00.

Valmont Industries 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.