Principal Financial Group Inc. Raises Stake in Valmont Industries, Inc. $VMI

Posted by Bonnie Powley on Jul 23rd, 2026

Principal Financial Group Inc. increased its holdings in shares of Valmont Industries, Inc. (NYSE:VMI – Free Report) by 3.7% during the 1st quarter, HoldingsChannel reports. The fund owned 44,416 shares of the industrial products company’s stock after buying an additional 1,582 shares during the period. Principal Financial Group Inc.’s holdings in Valmont Industries were worth $17,747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Congress Asset Management Co. raised its stake in Valmont Industries by 14.1% during the fourth quarter. Congress Asset Management Co. now owns 85,346 shares of the industrial products company’s stock valued at $34,336,000 after buying an additional 10,518 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Valmont Industries in the third quarter worth $1,749,000. Dakota Wealth Management purchased a new stake in shares of Valmont Industries in the fourth quarter worth $581,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of 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 valued at $3,562,000 after acquiring an additional 8,724 shares in the last quarter. Finally, Leuthold Group LLC raised its position in shares of Valmont Industries by 983.7% in the 4th quarter. Leuthold Group LLC now owns 11,498 shares of the industrial products company’s stock worth $4,626,000 after purchasing an additional 10,437 shares during the last quarter. Institutional investors own 87.84% of the company’s stock.

Valmont Industries Price Performance

Shares of NYSE:VMI opened at $487.94 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.59 and a current ratio of 2.35. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 1.17 and a beta of 1.33. The business has a 50-day simple moving average of $539.13 and a two-hundred day simple moving average of $477.68. Valmont Industries, Inc. has a fifty-two week low of $352.60 and a fifty-two week high of $585.71.

Valmont Industries (NYSE:VMI – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The industrial products company reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.80 by $0.34. Valmont Industries had a net margin of 11.70% and a return on equity of 25.57%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm posted $4.88 EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, analysts expect that Valmont Industries, Inc. will post 22.82 earnings per share for the current year.

Valmont Industries Dividend Announcement

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

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on Valmont Industries

More Valmont Industries News

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

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.