Carnegie Investment Counsel Makes New Investment in Valmont Industries, Inc. $VMI

Key Points

• Carnegie Investment Counsel acquired 55,129 shares of Valmont Industries in the third quarter, worth approximately $24.3 million and representing about 0.29% of the company. Institutional investors collectively own 87.84% of Valmont’s outstanding stock.
• Valmont’s latest quarterly results beat expectations, with adjusted EPS of $6.24 versus the $5.70 consensus; revenue rose 5.5% year over year to $1.10 billion but fell short of the $1.12 billion estimate. Management raised its fiscal 2026 adjusted EPS outlook to $22.75–$23.75.
• The company pays a quarterly dividend of $0.77 per share, or $3.08 annually, yielding approximately 0.7%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $587, above the reported share price of $450.70.

Carnegie Investment Counsel acquired a new stake in shares of Valmont Industries, Inc. (NYSE:VMI - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 55,129 shares of the industrial products company's stock, valued at approximately $24,296,000. Carnegie Investment Counsel owned approximately 0.29% of Valmont Industries as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VMI. Caitong International Asset Management Co. Ltd acquired a new stake in Valmont Industries during the fourth quarter worth about $27,000. Northwestern Mutual Wealth Management Co. bought a new position in Valmont Industries in the 2nd quarter valued at about $28,000. V Square Quantitative Management LLC acquired a new position in shares of Valmont Industries during the first quarter valued at approximately $37,000. Elevation Wealth Partners LLC raised its stake in shares of Valmont Industries by 179.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 67 shares of the industrial products company's stock worth $39,000 after buying an additional 43 shares in the last quarter. Finally, State of Wyoming lifted its holdings in Valmont Industries by 98.8% in the 1st quarter. State of Wyoming now owns 169 shares of the industrial products company's stock valued at $68,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 87.84% of the company's stock.

Insiders Place Their Bets

In other Valmont Industries news, CFO John L. Schwietz purchased 208 shares of the stock in a transaction dated Thursday, July 23rd. The stock was bought at an average price of $486.14 per share, for a total transaction of $101,117.12. Following the transaction, the chief financial officer directly owned 2,992 shares in the company, valued at $1,454,530.88. This represents a 7.47% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Theodor Freye sold 800 shares of the business's stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $495.00, for a total transaction of $396,000.00. Following the sale, the director directly owned 2,805 shares of the company's stock, valued at approximately $1,388,475. This trade represents a 22.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.42% of the company's stock.

Valmont Industries Price Performance

Valmont Industries stock opened at $450.70 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.35 and a quick ratio of 1.55. The company has a market capitalization of $8.70 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.34. Valmont Industries, Inc. has a one year low of $378.02 and a one year high of $585.71. The business has a 50 day simple moving average of $474.30 and a 200 day simple moving average of $495.87.

Valmont Industries (NYSE:VMI - Get Free Report) last announced its earnings results on Tuesday, October 20th. The industrial products company reported $6.24 EPS for the quarter, topping the consensus estimate of $5.70 by $0.54. Valmont Industries had a return on equity of 25.57% and a net margin of 11.70%. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the prior year, the business earned $4.98 earnings per share. The business's revenue for the quarter was up 5.5% on a year-over-year basis. On average, sell-side analysts forecast that Valmont Industries, Inc. will post 23.03 EPS for the current fiscal year.

Valmont Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Friday, September 25th were issued a dividend of $0.77 per share. The ex-dividend date of this dividend was Friday, September 25th. This represents a $3.08 annualized dividend and a yield of 0.7%. Valmont Industries's dividend payout ratio is currently 11.99%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VMI. Stifel Nicolaus raised their target price on Valmont Industries from $645.00 to $678.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Wall Street Zen downgraded shares of Valmont Industries from a "buy" rating to a "hold" rating in a research report on Saturday, October 10th. Weiss Ratings upgraded shares of Valmont Industries from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. lifted their price target on Valmont Industries from $600.00 to $620.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 22nd. Finally, Zacks Research cut shares of Valmont Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 20th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Valmont Industries has an average rating of "Moderate Buy" and a consensus target price of $587.00.

Key Stories Impacting Valmont Industries

Here are the key news stories impacting Valmont Industries this week:

• Positive Sentiment: Adjusted EPS was $6.24, well above the $5.70 analyst consensus and up from $4.98 a year earlier. Valmont Industries Q3 Earnings Top Estimates
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS outlook to $22.75-$23.75, a range with a midpoint of $23.25 that is modestly above the FactSet estimate of $23.05. Valmont Industries Q3 Earnings Up; Raises FY26 Adjusted EPS Outlook
• Neutral Sentiment: Revenue increased 5.5% year over year to $1.10 billion, indicating continued top-line growth despite the quarterly miss. The company also reported an 11.7% net margin and 25.57% return on equity. Valmont Industries Earnings Report
• Negative Sentiment: Third-quarter sales of $1.10 billion missed the $1.12 billion analyst estimate. The revenue shortfall may be weighing on investor sentiment, particularly because the earnings beat could reflect stronger profitability rather than better-than-expected demand. Valmont Industries Fiscal Q3 Sales

About Valmont Industries

Valmont Industries, Inc is a global manufacturer of engineered products and services serving the infrastructure and agricultural markets. Founded in 1946 and headquartered in Omaha, Nebraska, the company operates through businesses focused on infrastructure, coatings, and water management.

Its infrastructure products include utility and transmission structures, lighting and traffic poles, highway and transportation structures, and related support systems. Valmont also provides hot-dip galvanizing and other protective coatings designed to extend the service life of steel products used in industrial, infrastructure, and commercial applications.

In agriculture, the company manufactures mechanized irrigation equipment, including center-pivot and linear irrigation systems, as well as agricultural products and services intended to support water conservation and crop production.

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