Edgestream Partners L.P. Has $9.44 Million Holdings in Valmont Industries, Inc. $VMI

Edgestream Partners L.P. grew its stake in Valmont Industries, Inc. (NYSE:VMI) by 12.8% in the first quarter, HoldingsChannel reports. The fund owned 23,624 shares of the industrial products company’s stock after acquiring an additional 2,672 shares during the period. Edgestream Partners L.P.’s holdings in Valmont Industries were worth $9,439,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Robert B. Daugherty Foundation bought a new stake in shares of Valmont Industries during the fourth quarter valued at approximately $100,580,000. Norges Bank bought a new position in Valmont Industries in the 4th quarter worth approximately $99,799,000. Ninety One UK Ltd bought a new position in Valmont Industries in the 4th quarter worth approximately $66,103,000. AQR Capital Management LLC lifted its holdings in Valmont Industries by 118.8% during the 3rd quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock worth $108,884,000 after buying an additional 153,418 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in Valmont Industries by 179.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 117,342 shares of the industrial products company’s stock worth $38,320,000 after buying an additional 75,377 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Theodor Werner Freye sold 800 shares of Valmont Industries stock in a transaction on Monday, July 27th. The shares were sold at an average price of $495.00, for a total transaction of $396,000.00. Following the transaction, the director directly owned 2,805 shares of the company’s stock, valued at $1,388,475. This trade represents a 22.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO John L. Schwietz purchased 208 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was purchased at an average cost of $486.14 per share, with a total value of $101,117.12. Following the acquisition, the chief financial officer directly owned 2,992 shares in the company, valued at $1,454,530.88. This trade represents a 7.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.42% of the company’s stock.

Key Stories Impacting Valmont Industries

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

A number of brokerages have commented on VMI. Zacks Research lowered Valmont Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Stifel Nicolaus boosted 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. JPMorgan Chase & Co. upped their price target on Valmont Industries from $600.00 to $620.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Oppenheimer set a $600.00 price target on Valmont Industries and gave the company an “outperform” rating in a report on Thursday, May 28th. Finally, Weiss Ratings upgraded Valmont Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $587.00.

Valmont Industries Stock Performance

Shares of VMI stock opened at $457.73 on Thursday. The stock has a market cap of $8.88 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33. The stock has a 50-day moving average of $536.86 and a 200-day moving average of $479.89. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.35 and a quick ratio of 1.55. Valmont Industries, Inc. has a one year low of $353.41 and a one year high of $585.71.

Valmont Industries (NYSE:VMI) last released its quarterly earnings data on Tuesday, July 21st. The industrial products company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $5.80 by $0.34. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm earned $4.88 EPS. As a group, sell-side analysts expect that Valmont Industries, Inc. will post 22.96 earnings per share for the current year.

Valmont Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be issued a $0.77 dividend. The ex-dividend date is Friday, September 25th. This represents a $3.08 annualized dividend and a yield of 0.7%. Valmont Industries’s dividend payout ratio (DPR) is 11.99%.

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.