Citigroup Issues Positive Forecast for Vulcan Materials (NYSE:VMC) Stock Price

Vulcan Materials (NYSE:VMC) had its price target boosted by Citigroup from $300.00 to $326.00 in a research report sent to investors on Friday morning. They currently have a buy rating on the construction company’s stock.

A number of other brokerages have also recently weighed in on VMC. B. Riley Financial reiterated a “buy” rating and set a $300.00 price target (down from $345.00) on shares of Vulcan Materials in a research report on Friday, October 16th. Wall Street Zen lowered shares of Vulcan Materials from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Stifel Nicolaus lowered their price objective on shares of Vulcan Materials from $333.00 to $320.00 and set a “buy” rating for the company in a research report on Wednesday. Royal Bank Of Canada lifted their target price on shares of Vulcan Materials from $256.00 to $257.00 and gave the company a “sector perform” rating in a report on Friday. Finally, Truist Financial dropped their target price on shares of Vulcan Materials from $360.00 to $320.00 and set a “buy” rating for the company in a report on Monday, October 5th. Twelve analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Vulcan Materials currently has an average rating of “Moderate Buy” and a consensus price target of $308.78.

Vulcan Materials Stock Up 0.5%

Shares of NYSE:VMC opened at $281.59 on Friday. The business has a 50-day moving average price of $255.77 and a 200 day moving average price of $280.40. The company has a current ratio of 1.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $36.49 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 2.89 and a beta of 1.05. Vulcan Materials has a 12-month low of $237.03 and a 12-month high of $331.09.

Vulcan Materials (NYSE:VMC) last posted its earnings results on Thursday, October 29th. The construction company reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.02. Vulcan Materials had a net margin of 13.77% and a return on equity of 13.03%. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the company posted $2.84 earnings per share. Vulcan Materials’s revenue for the quarter was down 4.7% compared to the same quarter last year. Sell-side analysts expect that Vulcan Materials will post 8.91 EPS for the current year.

Vulcan Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Monday, November 9th will be issued a dividend of $0.52 per share. The ex-dividend date is Monday, November 9th. This represents a $2.08 annualized dividend and a yield of 0.7%. Vulcan Materials’s dividend payout ratio is 24.62%.

Insider Activity

In other news, Director J. Hill sold 14,000 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $276.17, for a total transaction of $3,866,380.00. Following the completion of the transaction, the director directly owned 58,209 shares of the company’s stock, valued at approximately $16,075,579.53. The trade was a 19.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David P. Clement sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $285.10, for a total transaction of $570,200.00. Following the sale, the senior vice president owned 6,716 shares in the company, valued at $1,914,731.60. The trade was a 22.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.65% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Vulcan Materials in the 2nd quarter valued at $2,868,444,000. Bank of America Corp DE purchased a new stake in shares of Vulcan Materials during the 2nd quarter worth $688,580,000. The Manufacturers Life Insurance Company acquired a new position in shares of Vulcan Materials during the second quarter worth $451,119,000. Stockbridge Partners LLC acquired a new position in shares of Vulcan Materials during the second quarter worth $314,470,000. Finally, Veritas Asset Management LLP acquired a new position in shares of Vulcan Materials during the second quarter worth $306,641,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Key Stories Impacting Vulcan Materials

Here are the key news stories impacting Vulcan Materials this week:

• Positive Sentiment: Q3 earnings beat estimates: Vulcan reported adjusted EPS of $2.83, narrowly above the $2.81 consensus. Management also highlighted pricing strength, operational efficiencies and an approximately $2.4 billion 2026 adjusted EBITDA target. Vulcan Reports Third Quarter 2026 Results
• Positive Sentiment: Forward outlook and capital returns supported sentiment: Vulcan said it is targeting earnings growth again in 2027, expanded through acquisitions in Tennessee and southern Ohio, and returned $417 million to shareholders through buybacks and dividends. Vulcan outlook analysis
• Positive Sentiment: D.A. Davidson became more bullish: The firm raised its price target from $315 to $330 and assigned a “buy” rating, implying meaningful upside from recent trading levels.
• Neutral Sentiment: Analyst views remain divided: RBC raised its target slightly to $257 while maintaining “sector perform,” and BNP Paribas reduced its target to $281. The mixed recommendations may limit the impact of the bullish target increase.
• Negative Sentiment: Revenue and volumes weakened: Third-quarter revenue fell about 4.7% year over year to roughly $2.19 billion, below the $2.24 billion consensus, while aggregates shipments declined 3%. Lower 2026 EBITDA guidance and cautious forecasts from Wells Fargo and Stifel remain overhangs. Vulcan Q3 earnings report
• Negative Sentiment: Wells Fargo maintained a cautious stance: Although it raised its target from $249 to $253, it kept an “underweight” rating, indicating its view that the stock is priced above fundamental value.

About Vulcan Materials

Vulcan Materials Company (NYSE: VMC) is a producer and distributor of construction materials used in infrastructure, commercial, residential and industrial projects. The company is the largest producer of construction aggregates in the United States, including crushed stone, sand and gravel.

In addition to aggregates, Vulcan Materials produces asphalt mix, ready-mixed concrete and cement. Its materials are used in roads, bridges, airports, commercial buildings, homes and other construction applications.