1,238 Shares in Valmont Industries, Inc. $VMI Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP has acquired a stake in Valmont Industries, Inc. worth approximately $353,000, acquiring 1,238 shares.
• Valmont Industries reported an EPS of $4.88 for the last quarter, exceeding analysts' expectations, and set its FY 2025 guidance at 17.500-19.500 EPS.
• The company announced a quarterly dividend of $0.68 per share, with an annualized dividend yield of 0.7%, scheduled for payment on October 15th.

Caxton Associates LLP purchased a new stake in Valmont Industries, Inc. (NYSE:VMI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,238 shares of the industrial products company's stock, valued at approximately $353,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Beverly Hills Private Wealth LLC increased its holdings in shares of Valmont Industries by 3.8% during the first quarter. Beverly Hills Private Wealth LLC now owns 1,169 shares of the industrial products company's stock valued at $334,000 after acquiring an additional 43 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Valmont Industries by 87.7% during the first quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 50 shares in the last quarter. Vestcor Inc grew its holdings in Valmont Industries by 2.0% during the first quarter. Vestcor Inc now owns 2,651 shares of the industrial products company's stock worth $757,000 after buying an additional 51 shares in the last quarter. Signaturefd LLC grew its holdings in Valmont Industries by 23.9% during the first quarter. Signaturefd LLC now owns 270 shares of the industrial products company's stock worth $77,000 after buying an additional 52 shares in the last quarter. Finally, TBH Global Asset Management LLC grew its holdings in Valmont Industries by 1.5% during the first quarter. TBH Global Asset Management LLC now owns 3,945 shares of the industrial products company's stock worth $1,126,000 after buying an additional 58 shares in the last quarter. 87.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on VMI shares. Wall Street Zen downgraded Valmont Industries from a "buy" rating to a "hold" rating in a report on Sunday, September 7th. DA Davidson upped their price target on Valmont Industries from $380.00 to $400.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus upped their price target on Valmont Industries from $345.00 to $382.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $391.00.

Valmont Industries Stock Performance

NYSE:VMI traded up $6.71 during trading on Thursday, reaching $379.25. The company's stock had a trading volume of 190,551 shares, compared to its average volume of 203,132. The firm has a market cap of $7.49 billion, a price-to-earnings ratio of 35.31 and a beta of 1.14. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.44 and a current ratio of 2.15. The firm has a 50 day moving average of $365.08 and a 200-day moving average of $329.35. Valmont Industries, Inc. has a 12 month low of $250.07 and a 12 month high of $388.55.

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

Valmont Industries Announces Dividend

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

Insider Activity at Valmont Industries

In other news, CAO Timothy P. Francis sold 2,867 shares of the company's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $358.52, for a total transaction of $1,027,876.84. Following the transaction, the chief accounting officer owned 9,746 shares of the company's stock, valued at $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 is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

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.