Aaron Wealth Advisors LLC Makes New $271,000 Investment in Valmont Industries, Inc. $VMI

Key Points

• Aaron Wealth Advisors LLC invested approximately $271,000 in Valmont Industries, purchasing 831 shares of the company's stock.
• Valmont Industries recently declared a quarterly dividend of $0.68 per share, with a payout ratio of 25.33%.
• Analysts have rated Valmont Industries with an average rating of “Moderate Buy”, and the consensus price target is set at $391.00.

Aaron Wealth Advisors LLC acquired a new stake in Valmont Industries, Inc. (NYSE:VMI - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 831 shares of the industrial products company's stock, valued at approximately $271,000.

Other large investors also recently modified their holdings of the company. WPG Advisers LLC purchased a new stake in shares of Valmont Industries in the 1st quarter valued at approximately $27,000. Smartleaf Asset Management LLC boosted its holdings in shares of Valmont Industries by 87.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company's stock valued at $31,000 after buying an additional 50 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of 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 buying an additional 105 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Valmont Industries by 128.8% in the 2nd quarter. Parallel Advisors LLC now owns 151 shares of the industrial products company's stock valued at $49,000 after buying an additional 85 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Valmont Industries by 82.3% in the 1st quarter. GAMMA Investing LLC now owns 226 shares of the industrial products company's stock valued at $64,000 after buying an additional 102 shares in the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VMI has been the subject of several research analyst reports. Wall Street Zen cut shares of Valmont Industries from a "buy" rating to a "hold" rating in a report on Sunday, September 7th. DA Davidson upped their target price on shares of Valmont Industries from $380.00 to $400.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus upped their target price on shares of Valmont Industries from $345.00 to $382.00 and gave the company a "buy" rating in a report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Valmont Industries presently has an average rating of "Moderate Buy" and a consensus price target of $391.00.

Valmont Industries Stock Performance

NYSE:VMI traded up $2.55 during trading hours on Tuesday, reaching $378.08. 12,818 shares of the company's stock were exchanged, compared to its average volume of 168,915. The firm has a market capitalization of $7.46 billion, a price-to-earnings ratio of 35.20 and a beta of 1.14. The company has a 50-day moving average of $366.71 and a 200 day moving average of $329.90. The company has a quick ratio of 1.44, a current ratio of 2.15 and a debt-to-equity ratio of 0.48. Valmont Industries, Inc. has a 1-year low of $250.07 and a 1-year high of $388.55.

Valmont Industries (NYSE:VMI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $4.88 earnings per share for the quarter, topping analysts' consensus estimates of $4.78 by $0.10. The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.03 billion. Valmont Industries had a net margin of 5.98% and a return on equity of 22.10%. Valmont Industries's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.91 EPS. Valmont Industries has set its FY 2025 guidance at 17.500-19.500 EPS. Research analysts anticipate that Valmont Industries, Inc. will post 18.07 EPS for the current year.

Valmont Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th will be given a dividend of $0.68 per share. The ex-dividend date is Friday, September 26th. This represents a $2.72 dividend on an annualized basis and a yield of 0.7%. Valmont Industries's dividend payout ratio is presently 25.33%.

Insider Buying and Selling

In other Valmont Industries news, CAO Timothy P. Francis sold 2,867 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $358.52, for a total transaction of $1,027,876.84. Following the completion of the transaction, the chief accounting officer owned 9,746 shares in the company, valued at approximately $3,494,135.92. This represents a 22.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company's stock.

About Valmont Industries

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.