American Century Companies Inc. Has $44.04 Million Position in Valmont Industries, Inc. $VMI

Key Points

• American Century Companies boosted its stake in Valmont Industries by 23.9% in Q3 to 113,589 shares worth $44.04 million, or roughly 0.58% ownership.
• Recent results and guidance: Valmont reported EPS of $4.92 (missing estimates by $0.03) and $1.04B revenue in the quarter, and set FY2026 guidance of 20.50–23.50 EPS while analysts currently expect about 18.07 EPS.
• Dividend and analyst views: The company raised its quarterly dividend to $0.77 (annualized $3.08, ~0.7% yield), and several brokers have lifted price targets (average target ≈ $487) with mixed Buy/Hold ratings.

American Century Companies Inc. grew its position in Valmont Industries, Inc. (NYSE:VMI - Free Report) by 23.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 113,589 shares of the industrial products company's stock after buying an additional 21,923 shares during the period. American Century Companies Inc. owned 0.58% of Valmont Industries worth $44,042,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VMI. First Horizon Corp bought a new stake in shares of Valmont Industries during the third quarter worth approximately $29,000. Abich Financial Wealth Management LLC acquired a new position in Valmont Industries in the third quarter valued at about $36,000. Farther Finance Advisors LLC lifted its stake in Valmont Industries by 357.1% in the third quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company's stock valued at $37,000 after buying an additional 75 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Valmont Industries by 93.9% during the second quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company's stock worth $42,000 after buying an additional 62 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew 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 buying an additional 105 shares during the period. Institutional investors and hedge funds own 87.84% of the company's stock.

Valmont Industries Price Performance

NYSE:VMI opened at $424.75 on Friday. The company has a market cap of $8.30 billion, a P/E ratio of 25.25 and a beta of 1.19. The firm's fifty day moving average price is $445.39 and its two-hundred day moving average price is $413.43. Valmont Industries, Inc. has a one year low of $250.07 and a one year high of $487.58. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.35 and a quick ratio of 1.58.

Valmont Industries (NYSE:VMI - Get Free Report) last posted its earnings results on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.95 by ($0.03). The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The business's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.84 EPS. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. Equities analysts expect that Valmont Industries, Inc. will post 18.07 earnings per share for the current year.

Valmont Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th will be paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Valmont Industries's previous quarterly dividend of $0.68. The ex-dividend date is Friday, March 27th. Valmont Industries's dividend payout ratio is 16.17%.

Analysts Set New Price Targets

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

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.

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