Vulcan Materials (NYSE:VMC) Given New $257.00 Price Target at Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised Vulcan Materials’ price target to $257 from $256 while maintaining a “sector perform” rating, implying approximately 8.18% downside from the stock’s $279.90 trading price.
• Analyst sentiment remains mixed: Vulcan has nine Buy, eight Hold and one Sell rating, resulting in a consensus “Hold” rating and an average price target of $309.93.
• Quarterly EPS of $2.83 narrowly exceeded estimates, but revenue of $2.18 billion missed expectations and declined 4.7% year over year, reflecting weaker volumes.

Vulcan Materials (NYSE:VMC - Get Free Report) had its target price increased by Royal Bank Of Canada from $256.00 to $257.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a "sector perform" rating on the construction company's stock. Royal Bank Of Canada's price target would suggest a potential downside of 8.18% from the stock's current price.

A number of other research firms have also weighed in on VMC. Wells Fargo & Company reduced their price objective on Vulcan Materials from $254.00 to $249.00 and set an "underweight" rating for the company in a research report on Monday, October 5th. Weiss Ratings lowered shares of Vulcan Materials from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, September 24th. UBS Group cut their price target on shares of Vulcan Materials from $349.00 to $326.00 and set a "buy" rating on the stock in a report on Thursday, October 8th. JPMorgan Chase & Co. lowered their price objective on shares of Vulcan Materials from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 13th. Finally, Truist Financial lowered their target price on Vulcan Materials from $360.00 to $320.00 and set a "buy" rating on the stock in a research report on Monday, October 5th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $309.93.

Vulcan Materials Price Performance

Shares of NYSE VMC traded down $0.41 during trading hours on Friday, reaching $279.90. 558,169 shares of the stock traded hands, compared to its average volume of 1,174,438. The company has a quick ratio of 1.20, a current ratio of 1.76 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $36.27 billion, a P/E ratio of 33.08, a price-to-earnings-growth ratio of 2.72 and a beta of 1.05. The company's 50-day simple moving average is $255.55 and its two-hundred day simple moving average is $280.54. Vulcan Materials has a 52-week low of $237.03 and a 52-week high of $331.09.

Vulcan Materials (NYSE:VMC - Get Free Report) last issued its earnings results on Thursday, October 29th. The construction company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.02. The firm had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.24 billion. Vulcan Materials had a net margin of 13.75% and a return on equity of 13.05%. The business's revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the business earned $2.84 earnings per share. Equities research analysts forecast that Vulcan Materials will post 8.96 EPS for the current year.

Insider Activity

In related news, Director J. Hill sold 14,000 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $276.17, for a total value of $3,866,380.00. Following the sale, the director owned 58,209 shares in the company, valued at $16,075,579.53. This represents a 19.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Clement sold 2,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $285.10, for a total transaction of $570,200.00. Following the completion of the sale, the senior vice president owned 6,716 shares in the company, valued at $1,914,731.60. The trade was a 22.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.65% of the company's stock.

Hedge Funds Weigh In On Vulcan Materials

Large investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Vulcan Materials during the second quarter worth approximately $2,868,444,000. Bank of America Corp DE acquired a new position in shares of Vulcan Materials during the 2nd quarter valued at $688,580,000. The Manufacturers Life Insurance Company acquired a new position in Vulcan Materials in the second quarter worth approximately $451,119,000. Stockbridge Partners LLC purchased a new stake in shares of Vulcan Materials in the 2nd quarter valued at approximately $314,470,000. Finally, Veritas Asset Management LLP purchased a new position in Vulcan Materials during the second quarter valued at approximately $306,641,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Vulcan Materials

Here are the key news stories impacting Vulcan Materials this week:

• Positive Sentiment: Vulcan reported third-quarter adjusted EPS of $2.83, narrowly exceeding consensus estimates. Management highlighted operational efficiencies, margin protection and a resilient aggregates-led business. Vulcan Reports Third Quarter 2026 Results
• Positive Sentiment: Freight-adjusted selling prices increased 5% on a mix-adjusted basis, helping offset a 3% year-over-year decline in aggregates shipments. Vulcan also maintained a full-year adjusted EBITDA target of approximately $2.4 billion and said it is targeting earnings growth again in 2027. Vulcan Reports Third-Quarter Revenue
• Positive Sentiment: Strategic bolt-on acquisitions in Tennessee and southern Ohio expand Vulcan’s footprint in growth markets. The company also returned $417 million to shareholders through $350 million of repurchases and $67 million of dividends.
• Neutral Sentiment: RBC raised its price target modestly to $257 while retaining a Sector Perform rating, signaling limited near-term conviction. RBC Price Target Update
• Negative Sentiment: Revenue was approximately $2.18 billion, below the roughly $2.24 billion analyst estimate and down about 4.7% year over year. Net income and EPS were also slightly below the prior-year period, reflecting weaker volumes.
• Negative Sentiment: Stifel issued a pessimistic forecast, while another recent analyst report assigned VMC a Sell rating. RBC’s $257 target is also below the stock’s recent trading level, increasing valuation concerns for a company trading at roughly 33 times earnings. Stifel Forecast

Vulcan Materials Company Profile

Vulcan Materials Company NYSE: VMC is a producer and distributor of construction materials used in infrastructure, commercial, residential and industrial projects. The company is the largest producer of construction aggregates in the United States, including crushed stone, sand and gravel.

In addition to aggregates, Vulcan Materials produces asphalt mix, ready-mixed concrete and cement. Its materials are used in roads, bridges, airports, commercial buildings, homes and other construction applications.

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