Principal Financial Group Inc. Acquires 1,582 Shares of Valmont Industries, Inc. $VMI

Principal Financial Group Inc. increased its holdings in Valmont Industries, Inc. (NYSE:VMI) by 3.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,416 shares of the industrial products company’s stock after purchasing an additional 1,582 shares during the quarter. Principal Financial Group Inc. owned 0.23% of Valmont Industries worth $17,747,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VMI. Invesco Ltd. lifted its stake in shares of Valmont Industries by 8.3% in the 3rd quarter. Invesco Ltd. now owns 422,997 shares of the industrial products company’s stock valued at $164,009,000 after acquiring an additional 32,382 shares during the last quarter. Geode Capital Management LLC grew its position in Valmont Industries by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 369,059 shares of the industrial products company’s stock worth $148,509,000 after acquiring an additional 12,480 shares during the last quarter. Sei Investments Co. grew its position in Valmont Industries by 3.1% during the 3rd quarter. Sei Investments Co. now owns 290,948 shares of the industrial products company’s stock worth $112,809,000 after acquiring an additional 8,715 shares during the last quarter. AQR Capital Management LLC increased its stake in Valmont Industries by 118.8% in the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock worth $108,884,000 after purchasing an additional 153,418 shares during the period. Finally, Vaughan Nelson Investment Management L.P. increased its stake in Valmont Industries by 3.7% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 252,605 shares of the industrial products company’s stock worth $100,933,000 after purchasing an additional 9,130 shares during the period. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Valmont Industries

In other news, Director Mogens C. Bay sold 17,500 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $492.34, for a total value of $8,615,950.00. Following the completion of the transaction, the director owned 112,309 shares of the company’s stock, valued at approximately $55,294,213.06. This represents a 13.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VMI shares. Zacks Research lowered Valmont Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday. Oppenheimer set a $600.00 price target on shares of Valmont Industries and gave the company an “outperform” rating in a report on Thursday, May 28th. Wall Street Zen raised shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. JPMorgan Chase & Co. boosted their price objective on shares of Valmont Industries from $600.00 to $620.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Stifel Nicolaus increased their target price on shares of Valmont Industries from $645.00 to $678.00 and gave the stock a “buy” rating in a report on Monday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $587.00.

Valmont Industries Stock Performance

NYSE:VMI opened at $487.94 on Thursday. The company has a quick ratio of 1.59, a current ratio of 2.35 and a debt-to-equity ratio of 0.42. The firm’s fifty day simple moving average is $539.13 and its 200 day simple moving average is $477.68. The stock has a market cap of $9.47 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.17 and a beta of 1.33. Valmont Industries, Inc. has a twelve month low of $352.60 and a twelve month high of $585.71.

Valmont Industries (NYSE:VMI) last posted its earnings results on Tuesday, July 21st. The industrial products company reported $6.14 EPS for the quarter, topping the consensus estimate of $5.80 by $0.34. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Valmont Industries had a net margin of 11.70% and a return on equity of 25.57%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $4.88 EPS. As a group, research analysts predict that Valmont Industries, Inc. will post 22.82 EPS for the current year.

Valmont Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Friday, June 26th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, June 26th. Valmont Industries’s payout ratio is presently 17.10%.

Key Headlines Impacting Valmont Industries

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

• Positive Sentiment: Valmont posted stronger-than-expected Q2 results, with EPS of $6.14 versus the consensus near $5.80 and revenue of $1.12 billion above estimates. Article: Valmont Industries (VMI) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 sales and earnings outlook, helped by strength in utilities and coatings, which supports the longer-term investment case. Article: VMI Q2 Earnings Beat Estimates on Utility Strength, FY26 View Raised
• Neutral Sentiment: Analyst sentiment remains constructive overall, with JPMorgan raising its price target to $620 and keeping an overweight rating, suggesting Wall Street still sees upside from current levels. Article: JPMorgan Raises Valmont Industries Price Target
• Neutral Sentiment: However, Zacks Research downgraded Valmont to hold, reflecting a more cautious stance after the earnings move. Article: Zacks Research Downgrades Valmont Industries
• Negative Sentiment: Investors are still weighing weakness in agriculture and softer telecom demand, which may be tempering enthusiasm despite the earnings beat and guidance increase. Article: Valmont Industries slips as investors weigh a modest guidance raise against lingering weak spots

Valmont Industries Company 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.