Caxton Associates LLP Takes Position in Valmont Industries, Inc. $VMI

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 position in shares of Valmont Industries, Inc. (NYSE:VMI - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,238 shares of the industrial products company's stock, valued at approximately $353,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in shares of Valmont Industries by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 59,127 shares of the industrial products company's stock valued at $16,873,000 after buying an additional 4,676 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in Valmont Industries by 13.6% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 4,670 shares of the industrial products company's stock valued at $1,333,000 after acquiring an additional 560 shares during the last quarter. UniSuper Management Pty Ltd bought a new position in Valmont Industries in the 1st quarter valued at $1,469,000. Scientech Research LLC bought a new stake in shares of Valmont Industries during the first quarter worth $657,000. Finally, Sandler Capital Management boosted its stake in shares of Valmont Industries by 25.3% during the first quarter. Sandler Capital Management now owns 22,099 shares of the industrial products company's stock valued at $6,306,000 after purchasing an additional 4,466 shares during the period. 87.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Valmont Industries

In other Valmont Industries news, CAO Timothy P. Francis sold 2,867 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $358.52, for a total value of $1,027,876.84. Following the completion of the sale, the chief accounting officer directly owned 9,746 shares in the company, valued at approximately $3,494,135.92. This trade represents a 22.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is owned by corporate insiders.

Valmont Industries Stock Up 1.1%

Valmont Industries stock traded up $4.24 during trading hours on Monday, reaching $377.86. The stock had a trading volume of 186,007 shares, compared to its average volume of 216,368. Valmont Industries, Inc. has a 52 week low of $250.07 and a 52 week high of $388.55. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 35.18 and a beta of 1.14. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.15 and a quick ratio of 1.44. The business's 50 day moving average price is $363.01 and its 200-day moving average price is $328.43.

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

Valmont Industries Announces Dividend

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

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.