Mirae Asset Global Investments Co. Ltd. Buys New Position in Valmont Industries, Inc. $VMI

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Valmont Industries, Inc. (NYSE:VMI) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,250 shares of the industrial products company’s stock, valued at approximately $5,672,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VMI. Bank of America Corp DE bought a new position in shares of Valmont Industries during the second quarter valued at about $175,408,000. Avalon Trust Co bought a new stake in Valmont Industries in the 2nd quarter worth about $22,958,000. Canada Pension Plan Investment Board bought a new stake in Valmont Industries in the 2nd quarter worth about $1,687,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Valmont Industries in the 2nd quarter worth about $4,101,000. Finally, De Lisle Partners LLP purchased a new stake in Valmont Industries in the 2nd quarter valued at about $13,180,000. 87.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on VMI shares. 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 note on Monday, July 20th. Wall Street Zen lowered Valmont Industries from a “buy” rating to a “hold” rating in a report on Sunday, November 1st. Weiss Ratings cut Valmont Industries from a “buy (b)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Zacks Research cut Valmont Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. upped their price objective on Valmont Industries from $600.00 to $620.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Valmont Industries has a consensus rating of “Moderate Buy” and an average price target of $587.00.

Valmont Industries Price Performance

Shares of VMI opened at $397.43 on Friday. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 0.95 and a beta of 1.39. The firm’s fifty day simple moving average is $460.47 and its 200-day simple moving average is $476.92. Valmont Industries, Inc. has a twelve month low of $378.02 and a twelve month high of $585.71. The company has a current ratio of 2.41, a quick ratio of 1.56 and a debt-to-equity ratio of 0.43.

Valmont Industries (NYSE:VMI) last posted its quarterly earnings results on Tuesday, October 20th. The industrial products company reported $6.24 earnings per share for the quarter, beating analysts’ consensus estimates of $5.70 by $0.54. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Valmont Industries had a return on equity of 26.25% and a net margin of 12.05%. Valmont Industries’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $4.98 earnings per share. Equities analysts forecast that Valmont Industries, Inc. will post 23.33 EPS for the current fiscal year.

Valmont Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 24th will be paid a dividend of $0.77 per share. The ex-dividend date is Thursday, December 24th. This represents a $3.08 annualized dividend and a yield of 0.8%. Valmont Industries’s payout ratio is presently 11.43%.

Key Headlines Impacting Valmont Industries

Here are the key news stories impacting Valmont Industries this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $23.21 from $22.92 and its FY2028 estimate to $29.72 from $29.22. It also nudged Q2 2027 EPS higher to $6.57 from $6.52.
• Neutral Sentiment: Zacks maintained a “Hold” rating on Valmont.
• Negative Sentiment: Estimates were lowered for several periods, including Q4 2026 EPS (to $5.32 from $5.59), FY2027 EPS (to $25.09 from $25.25), and Q2 2028 EPS (to $7.37 from $7.48). Zacks also trimmed Q1, Q3 and Q4 2027 estimates, as well as Q1 and Q3 2028 forecasts. These downward revisions signal some analyst caution about earnings growth and may contribute to pressure on VMI shares.

Valmont Industries Company Profile

Valmont Industries, Inc is a global manufacturer of engineered products and services serving the infrastructure and agricultural markets. Founded in 1946 and headquartered in Omaha, Nebraska, the company operates through businesses focused on infrastructure, coatings, and water management.

Its infrastructure products include utility and transmission structures, lighting and traffic poles, highway and transportation structures, and related support systems. Valmont also provides hot-dip galvanizing and other protective coatings designed to extend the service life of steel products used in industrial, infrastructure, and commercial applications.

In agriculture, the company manufactures mechanized irrigation equipment, including center-pivot and linear irrigation systems, as well as agricultural products and services intended to support water conservation and crop production.