Natixis Advisors LLC Has $43.33 Million Stake in Valmont Industries, Inc. $VMI

Natixis Advisors LLC lifted its holdings in shares of Valmont Industries, Inc. (NYSE:VMIFree Report) by 19.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 111,757 shares of the industrial products company’s stock after acquiring an additional 18,371 shares during the quarter. Natixis Advisors LLC owned approximately 0.57% of Valmont Industries worth $43,332,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VMI. First Horizon Corp acquired a new stake in Valmont Industries during the 3rd quarter valued at $29,000. Abich Financial Wealth Management LLC acquired a new position in shares of Valmont Industries in the third quarter valued at $36,000. Farther Finance Advisors LLC raised its position in shares of Valmont Industries by 357.1% in the third quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 75 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Valmont Industries by 335.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 122 shares of the industrial products company’s stock worth $47,000 after buying an additional 94 shares during the last quarter. Finally, True Wealth Design LLC lifted its stake in shares of Valmont Industries by 254.3% during the 3rd quarter. True Wealth Design LLC now owns 124 shares of the industrial products company’s stock worth $48,000 after buying an additional 89 shares during the last quarter. Institutional investors own 87.84% of the company’s stock.

Valmont Industries Price Performance

Valmont Industries stock opened at $429.45 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.58 and a current ratio of 2.35. Valmont Industries, Inc. has a 52 week low of $250.07 and a 52 week high of $487.58. The stock has a market capitalization of $8.39 billion, a P/E ratio of 25.53 and a beta of 1.19. The stock has a fifty day moving average of $445.80 and a 200-day moving average of $414.51.

Valmont Industries (NYSE:VMIGet Free Report) last released its earnings results on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.95 by ($0.03). The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. Valmont Industries had a net margin of 8.53% and a return on equity of 23.82%. The business’s revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.84 EPS. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. On average, sell-side analysts expect that Valmont Industries, Inc. will post 18.07 earnings per share for the current fiscal year.

Valmont Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 27th will be issued a dividend of $0.77 per share. This is a boost from Valmont Industries’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, March 27th. This represents a $3.08 annualized dividend and a dividend yield of 0.7%. Valmont Industries’s payout ratio is presently 16.17%.

Analysts Set New Price Targets

A number of research analysts recently commented on VMI shares. Wall Street Zen lowered shares of Valmont Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Stifel Nicolaus raised their price objective on shares of Valmont Industries from $492.00 to $501.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a report on Monday, December 29th. DA Davidson upped their target price on Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. lifted their price target on Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $487.00.

Check Out Our Latest Stock Report on VMI

About Valmont Industries

(Free Report)

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.

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Institutional Ownership by Quarter for Valmont Industries (NYSE:VMI)

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