Valmont Industries (NYSE:VMI) Issues FY 2029 Earnings Guidance

Valmont Industries (NYSE:VMI) updated its FY 2029 earnings guidance on Tuesday. The company provided earnings per share guidance of 35.000-35.000 for the period. The company issued revenue guidance of -. Valmont Industries also updated its FY 2026 guidance to 21.500-23.500 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VMI. DA Davidson upped their price target on shares of Valmont Industries from $415.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Weiss Ratings cut shares of Valmont Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Oppenheimer set a $600.00 price target on shares of Valmont Industries and gave the stock an “outperform” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. upped their price target on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. Finally, Zacks Research raised shares of Valmont Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Valmont Industries has a consensus rating of “Moderate Buy” and a consensus target price of $525.25.

Valmont Industries Price Performance

Valmont Industries stock opened at $555.93 on Wednesday. Valmont Industries has a 52 week low of $316.56 and a 52 week high of $572.69. The company has a quick ratio of 1.59, a current ratio of 2.38 and a debt-to-equity ratio of 0.47. The firm’s 50-day simple moving average is $494.21 and its 200 day simple moving average is $452.10. The firm has a market capitalization of $10.79 billion, a PE ratio of 30.87, a P/E/G ratio of 1.25 and a beta of 1.34.

Valmont Industries (NYSE:VMI) last released its quarterly earnings data on Tuesday, April 21st. The industrial products company reported $5.51 EPS for the quarter, topping the consensus estimate of $4.72 by $0.79. Valmont Industries had a net margin of 8.91% and a return on equity of 24.94%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $994.85 million. During the same period in the previous year, the firm earned $4.32 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities research analysts predict that Valmont Industries will post 22.83 EPS for the current fiscal year.

Valmont Industries Dividend Announcement

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

Insider Transactions at Valmont Industries

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Certuity LLC purchased a new position in Valmont Industries in the 3rd quarter valued at about $252,000. Hilltop Holdings Inc. purchased a new position in Valmont Industries in the 3rd quarter valued at about $245,000. Knollwood Investment Advisory LLC purchased a new position in Valmont Industries in the 3rd quarter valued at about $216,000. Arkadios Wealth Advisors purchased a new position in Valmont Industries in the 4th quarter valued at about $206,000. Finally, Parkside Financial Bank & Trust lifted its holdings in Valmont Industries by 166.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 328 shares of the industrial products company’s stock valued at $132,000 after purchasing an additional 205 shares in the last quarter. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Valmont Industries Company Profile

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.