Bank of New York Mellon Corp Sells 2,871 Shares of Valmont Industries, Inc. $VMI

Bank of New York Mellon Corp reduced its holdings in shares of Valmont Industries, Inc. (NYSE:VMI) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 153,379 shares of the industrial products company’s stock after selling 2,871 shares during the period. Bank of New York Mellon Corp’s holdings in Valmont Industries were worth $61,286,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Elyxium Wealth LLC bought a new stake in shares of Valmont Industries in the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Valmont Industries during the 4th quarter valued at $27,000. Leonteq Securities AG purchased a new position in Valmont Industries in the 4th quarter worth $30,000. State of Wyoming purchased a new position in Valmont Industries in the 4th quarter worth $34,000. Finally, V Square Quantitative Management LLC bought a new stake in Valmont Industries in the first quarter worth $37,000. 87.84% of the stock is owned by hedge funds and other institutional investors.

Valmont Industries Stock Performance

Shares of VMI opened at $487.94 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.35 and a quick ratio of 1.59. Valmont Industries, Inc. has a one year low of $352.60 and a one year high of $585.71. The company has a 50-day simple moving average of $539.13 and a two-hundred day simple moving average of $477.68. The firm has a market capitalization of $9.47 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 1.17 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 for the quarter, topping analysts’ consensus estimates 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 earned $4.88 EPS. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, analysts anticipate that Valmont Industries, Inc. will post 22.82 EPS for the current fiscal year.

Valmont Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Friday, June 26th were paid a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, June 26th. Valmont Industries’s dividend payout ratio is presently 17.10%.

Key Stories Impacting Valmont Industries

Here are the key news stories impacting Valmont Industries this week:

• Positive Sentiment: Valmont posted stronger-than-expected Q2 results, with EPS of $6.14 versus the consensus near $5.80 and revenue of $1.12 billion above estimates. Article: Valmont Industries (VMI) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 sales and earnings outlook, helped by strength in utilities and coatings, which supports the longer-term investment case. Article: VMI Q2 Earnings Beat Estimates on Utility Strength, FY26 View Raised
• Neutral Sentiment: Analyst sentiment remains constructive overall, with JPMorgan raising its price target to $620 and keeping an overweight rating, suggesting Wall Street still sees upside from current levels. Article: JPMorgan Raises Valmont Industries Price Target
• Neutral Sentiment: However, Zacks Research downgraded Valmont to hold, reflecting a more cautious stance after the earnings move. Article: Zacks Research Downgrades Valmont Industries
• Negative Sentiment: Investors are still weighing weakness in agriculture and softer telecom demand, which may be tempering enthusiasm despite the earnings beat and guidance increase. Article: Valmont Industries slips as investors weigh a modest guidance raise against lingering weak spots

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Valmont Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Zacks Research lowered Valmont Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings upgraded Valmont Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Oppenheimer set a $600.00 price target on Valmont Industries and gave the stock an “outperform” rating in a research report on Thursday, May 28th. 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 research note on Wednesday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Valmont Industries presently has a consensus rating of “Moderate Buy” and an average price target of $587.00.

Insider Transactions at Valmont Industries

In other Valmont Industries news, Director Mogens C. Bay sold 17,500 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $492.34, for a total value of $8,615,950.00. Following the completion of the transaction, the director owned 112,309 shares in the company, valued at approximately $55,294,213.06. This represents a 13.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.42% of the company’s stock.

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.