Valmont Industries, Inc. $VMI Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG reduced its stake in Valmont Industries, Inc. (NYSE:VMI) by 18.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,862 shares of the industrial products company’s stock after selling 10,048 shares during the period. Robeco Schweiz AG owned approximately 0.23% of Valmont Industries worth $17,394,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VMI. First Horizon Corp acquired a new position in shares of Valmont Industries during the third quarter worth about $29,000. Farther Finance Advisors LLC boosted its position in shares of Valmont Industries by 357.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 75 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Valmont Industries by 93.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 62 shares during the last quarter. Geneos Wealth Management Inc. raised its position 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 worth $43,000 after acquiring an additional 105 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Valmont Industries in the second quarter valued at approximately $46,000. 87.84% of the stock is owned by institutional investors and hedge funds.

Valmont Industries Price Performance

Valmont Industries stock opened at $434.70 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.26 and a quick ratio of 1.50. The business has a 50 day simple moving average of $410.40 and a 200-day simple moving average of $387.18. Valmont Industries, Inc. has a 12 month low of $250.07 and a 12 month high of $439.04. The stock has a market capitalization of $8.56 billion, a PE ratio of 37.44 and a beta of 1.20.

Valmont Industries (NYSE:VMI) last announced its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $4.98 EPS for the quarter, topping analysts’ consensus estimates of $4.64 by $0.34. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Valmont Industries had a net margin of 6.33% and a return on equity of 22.92%. Valmont Industries’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.11 EPS. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. Equities analysts predict that Valmont Industries, Inc. will post 18.07 earnings per share for the current year.

Valmont Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 26th will be paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 26th. Valmont Industries’s dividend payout ratio is 23.43%.

Insider Activity at Valmont Industries

In related news, insider James Christopher Colwell sold 375 shares of Valmont Industries stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $410.68, for a total value of $154,005.00. Following the sale, the insider directly owned 7,286 shares in the company, valued at $2,992,214.48. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VMI. Wall Street Zen raised shares of Valmont Industries from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Stifel Nicolaus upped their price objective on shares of Valmont Industries from $475.00 to $491.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. JPMorgan Chase & Co. initiated coverage on Valmont Industries in a report on Friday, September 26th. They set an “overweight” rating and a $480.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. Finally, DA Davidson increased their price objective on Valmont Industries from $400.00 to $415.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $462.00.

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.