John Schwietz Purchases 208 Shares of Valmont Industries (NYSE:VMI) Stock

Valmont Industries, Inc. (NYSE:VMI) CFO John Schwietz bought 208 shares of the stock in a transaction on Thursday, July 23rd. The shares were acquired at an average cost of $486.14 per share, for a total transaction of $101,117.12. Following the purchase, the chief financial officer owned 2,992 shares in the company, valued at $1,454,530.88. The trade was a 7.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Valmont Industries Stock Performance

NYSE:VMI opened at $457.73 on Thursday. The company has a market cap of $8.88 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.10 and a beta of 1.33. Valmont Industries, Inc. has a twelve month low of $353.41 and a twelve month high of $585.71. The company’s 50-day moving average price is $536.86 and its 200-day moving average price is $479.89. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.42.

Valmont Industries (NYSE:VMI) last released its quarterly earnings data on Tuesday, July 21st. The industrial products company reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.80 by $0.34. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Valmont Industries had a net margin of 11.70% and a return on equity of 25.57%. Valmont Industries’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.88 EPS. On average, sell-side analysts forecast that Valmont Industries, Inc. will post 22.96 earnings per share for the current fiscal year.

Valmont Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be paid a dividend of $0.77 per share. The ex-dividend date of this dividend is Friday, September 25th. This represents a $3.08 dividend on an annualized basis and a yield of 0.7%. Valmont Industries’s payout ratio is 11.99%.

Hedge Funds Weigh In On Valmont Industries

A number of hedge funds have recently modified their holdings of the business. Dakota Wealth Management purchased a new position in shares of Valmont Industries during the 4th quarter worth approximately $581,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Valmont Industries by 6,762.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,853 shares of the industrial products company’s stock worth $3,562,000 after purchasing an additional 8,724 shares in the last quarter. Congruence Capital LLC acquired a new position in Valmont Industries during the fourth quarter worth $15,011,000. Vaughan Nelson Investment Management L.P. boosted its position in shares of Valmont Industries by 3.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 252,605 shares of the industrial products company’s stock worth $100,933,000 after buying an additional 9,130 shares during the period. Finally, Leuthold Group LLC boosted its position in shares of Valmont Industries by 983.7% during the fourth quarter. Leuthold Group LLC now owns 11,498 shares of the industrial products company’s stock worth $4,626,000 after buying an additional 10,437 shares during the period. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Valmont Industries News

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

• Positive Sentiment: Chief Financial Officer John Schwietz purchased 208 shares for approximately $101,117, increasing his direct ownership by 7.47%. The open-market purchase may signal confidence in Valmont’s outlook. SEC insider purchase filing
• Positive Sentiment: Management’s second-quarter earnings call highlighted continued strength in infrastructure markets. The company recently exceeded quarterly earnings and revenue expectations, with revenue increasing 6.5% year over year, supporting the investment case. Valmont earnings call highlights
• Neutral Sentiment: Valmont announced a planned transition in board leadership, with longtime director Mogens C. Bay involved in the succession process. The change could improve governance continuity, but the immediate financial impact is unclear. Valmont planned board chair transition
• Neutral Sentiment: The board declared a quarterly dividend of $0.77 per share, equivalent to $3.08 annually and a roughly 0.6% yield. The payout reinforces shareholder returns but is unlikely to materially change the stock’s near-term outlook.
• Negative Sentiment: Director Theodor Werner Freye sold 800 shares for approximately $396,000, reducing his direct ownership by 22.19%. While one insider sale is not necessarily fundamental, it creates a negative counterpoint to the CFO’s purchase and may weigh on sentiment. SEC insider sale filing

Wall Street Analyst Weigh In

Several research analysts have recently commented on VMI shares. Weiss Ratings upgraded Valmont Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Wall Street Zen upgraded shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. JPMorgan Chase & Co. lifted their target price on shares of Valmont Industries from $600.00 to $620.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Zacks Research lowered shares of Valmont Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Oppenheimer set a $600.00 price target on shares of Valmont Industries and gave the company an “outperform” rating in a research note on Thursday, May 28th. Four 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 a consensus rating of “Moderate Buy” and a consensus price target of $587.00.

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.