De Lisle Partners LLP Sells 1,000 Shares of Valmont Industries, Inc. $VMI

De Lisle Partners LLP lessened its holdings in shares of Valmont Industries, Inc. (NYSE:VMI) by 4.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 23,800 shares of the industrial products company’s stock after selling 1,000 shares during the period. Valmont Industries accounts for about 1.1% of De Lisle Partners LLP’s portfolio, making the stock its 22nd largest position. De Lisle Partners LLP owned 0.12% of Valmont Industries worth $7,765,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VMI. WPG Advisers LLC acquired a new position in Valmont Industries during the 1st quarter worth about $27,000. Smartleaf Asset Management LLC increased its position in Valmont Industries by 87.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 50 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Valmont Industries by 93.9% in the second quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 62 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Valmont Industries by 223.4% during the first quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 105 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Valmont Industries during the second quarter valued at approximately $46,000. 87.84% of the stock is owned by institutional investors.

Insider Activity

In related news, insider James Christopher Colwell sold 375 shares of the company’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $410.68, for a total value of $154,005.00. Following the completion of the sale, the insider owned 7,286 shares in the company, valued at $2,992,214.48. This represents a 4.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by company insiders.

Valmont Industries Trading Up 0.7%

NYSE:VMI opened at $412.97 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.50 and a debt-to-equity ratio of 0.46. Valmont Industries, Inc. has a 1-year low of $250.07 and a 1-year high of $427.81. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 35.57 and a beta of 1.21. The business’s 50-day moving average price is $400.35 and its two-hundred day moving average price is $365.72.

Valmont Industries (NYSE:VMI) last announced its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $4.98 EPS for the quarter, beating analysts’ consensus estimates of $4.64 by $0.34. Valmont Industries had a return on equity of 22.92% and a net margin of 6.33%.The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the business posted $4.11 EPS. Valmont Industries’s revenue was up 2.5% on a year-over-year basis. Valmont Industries has set its FY 2025 guidance at 18.700-19.50 EPS. On average, equities analysts expect that Valmont Industries, Inc. will post 18.07 earnings per share for the current year.

Valmont Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 26th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, December 26th. Valmont Industries’s dividend payout ratio (DPR) is currently 23.43%.

Analyst Ratings Changes

A number of analysts recently weighed in on VMI shares. Wall Street Zen raised shares of Valmont Industries from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. DA Davidson boosted their target price on Valmont Industries from $400.00 to $415.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Stifel Nicolaus upped their price target on Valmont Industries from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a research report on Tuesday. Finally, JPMorgan Chase & Co. started coverage on Valmont Industries in a report on Friday, September 26th. They set an “overweight” rating and a $480.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Valmont Industries has a consensus rating of “Moderate Buy” and an average price target of $448.33.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.