Valmont Industries, Inc. $VMI Shares Sold by Gotham Asset Management LLC

Gotham Asset Management LLC cut its holdings in shares of Valmont Industries, Inc. (NYSE:VMI) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,392 shares of the industrial products company’s stock after selling 1,886 shares during the quarter. Gotham Asset Management LLC owned about 0.35% of Valmont Industries worth $26,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC lifted its position in Valmont Industries by 0.5% in the third quarter. Aptus Capital Advisors LLC now owns 6,223 shares of the industrial products company’s stock valued at $2,413,000 after buying an additional 32 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Valmont Industries by 21.7% in the 3rd quarter. GAMMA Investing LLC now owns 202 shares of the industrial products company’s stock valued at $78,000 after acquiring an additional 36 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Valmont Industries by 0.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 7,393 shares of the industrial products company’s stock valued at $2,433,000 after acquiring an additional 40 shares during the period. Huntington National Bank lifted its holdings in shares of Valmont Industries by 48.2% in the 3rd quarter. Huntington National Bank now owns 126 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 41 shares during the last quarter. Finally, Caitlin John LLC boosted its position in shares of Valmont Industries by 1.4% during the 3rd quarter. Caitlin John LLC now owns 3,325 shares of the industrial products company’s stock worth $1,289,000 after purchasing an additional 47 shares during the period. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Valmont Industries Price Performance

Valmont Industries stock opened at $410.23 on Tuesday. The firm has a market cap of $8.02 billion, a PE ratio of 24.39 and a beta of 1.19. Valmont Industries, Inc. has a 52-week low of $250.07 and a 52-week high of $487.58. 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’s 50 day moving average is $446.86 and its two-hundred day moving average is $416.08.

Valmont Industries (NYSE:VMI) last posted its quarterly earnings results on Tuesday, February 17th. The industrial products company reported $4.92 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 business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the firm earned $3.84 EPS. The business’s revenue was up .1% on a year-over-year basis. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. On average, research analysts expect that Valmont Industries, Inc. will post 18.07 EPS for the current fiscal 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 paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 27th. This is a positive change from Valmont Industries’s previous quarterly dividend of $0.68. Valmont Industries’s payout ratio is presently 16.17%.

Analyst Ratings Changes

VMI has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their target price on Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. DA Davidson raised their price target on Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. Wall Street Zen cut Valmont Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. JPMorgan Chase & Co. boosted their price objective on Valmont Industries from $480.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Valmont Industries in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $487.00.

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.