Valmont Industries (NYSE:VMI) Updates FY 2029 Earnings Guidance

Valmont Industries (NYSE:VMI) updated its FY 2029 earnings guidance on Tuesday. The company provided earnings per share guidance of 35.000-35.000 for the period. The company issued revenue guidance of -. Valmont Industries also updated its FY 2026 guidance to 21.500-23.500 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Weiss Ratings cut shares of Valmont Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Wall Street Zen upgraded shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 31st. Stifel Nicolaus upped their price objective on shares of Valmont Industries from $497.00 to $541.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. DA Davidson upped their price objective on shares of Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $525.25.

Valmont Industries Stock Down 1.3%

Shares of Valmont Industries stock opened at $539.60 on Tuesday. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 29.96, a price-to-earnings-growth ratio of 1.26 and a beta of 1.34. The company’s 50 day moving average is $491.13 and its 200 day moving average is $451.08. Valmont Industries has a twelve month low of $316.56 and a twelve month high of $558.73. The company has a quick ratio of 1.59, a current ratio of 2.38 and a debt-to-equity ratio of 0.47.

Valmont Industries (NYSE:VMI) last issued its quarterly earnings data on Tuesday, April 21st. The industrial products company reported $5.51 earnings per share for the quarter, beating analysts’ consensus estimates of $4.72 by $0.79. Valmont Industries had a net margin of 8.91% and a return on equity of 24.94%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $994.85 million. During the same quarter in the prior year, the firm earned $4.32 earnings per share. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. Research analysts anticipate that Valmont Industries will post 22.83 EPS for the current year.

Valmont Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Friday, June 26th will be given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, June 26th. Valmont Industries’s dividend payout ratio (DPR) is presently 17.10%.

Insider Activity at Valmont Industries

In other news, Director Mogens C. Bay sold 17,500 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $492.34, for a total transaction of $8,615,950.00. Following the sale, the director directly owned 112,309 shares in the company, valued at $55,294,213.06. This trade represents a 13.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is owned by insiders.

Institutional Trading of Valmont Industries

A number of institutional investors and hedge funds have recently bought and sold shares of VMI. State of Wyoming bought a new stake in Valmont Industries in the 4th quarter valued at $34,000. Geneos Wealth Management Inc. increased its holdings in Valmont Industries by 223.4% in 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 last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Valmont Industries in the 4th quarter worth $45,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Valmont Industries in the 3rd quarter worth $53,000. Finally, Quarry LP grew its stake in shares of Valmont Industries by 1,733.3% in the 4th quarter. Quarry LP now owns 165 shares of the industrial products company’s stock worth $66,000 after buying an additional 156 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors.

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.