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

Valmont Industries (NYSE:VMI) updated its FY 2029 earnings guidance on Tuesday. The company provided EPS 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.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Zacks Research raised shares of Valmont Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 23rd. Wall Street Zen raised shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 31st. Weiss Ratings cut shares of Valmont Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. 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. Finally, JPMorgan Chase & Co. lifted 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. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $525.25.

Valmont Industries Trading Down 1.3%

Shares of VMI opened at $539.60 on Tuesday. Valmont Industries has a 1-year low of $316.56 and a 1-year high of $558.73. The company has a 50-day moving average of $491.13 and a 200 day moving average of $451.08. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 1.26 and a beta of 1.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.38 and a quick ratio of 1.59.

Valmont Industries (NYSE:VMI) last posted its quarterly earnings results on Tuesday, April 21st. The industrial products company reported $5.51 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $994.85 million. During the same quarter in the previous year, the business posted $4.32 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, research analysts expect that Valmont Industries will post 22.83 EPS for the current year.

Valmont Industries Dividend Announcement

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

Insider Activity at Valmont Industries

In other news, Director Mogens C. Bay sold 17,500 shares of the business’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 completion of the sale, the director 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.42% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. State of Wyoming bought a new position in shares of Valmont Industries during the 4th quarter worth approximately $34,000. Geneos Wealth Management Inc. raised its stake in shares of Valmont Industries by 223.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 105 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in shares of Valmont Industries during the 4th quarter worth approximately $45,000. Measured Wealth Private Client Group LLC bought a new position in shares of Valmont Industries during the 3rd quarter worth approximately $53,000. Finally, Quarry LP raised its stake in shares of Valmont Industries by 1,733.3% during the 4th quarter. Quarry LP now owns 165 shares of the industrial products company’s stock worth $66,000 after acquiring an additional 156 shares in the last quarter. Institutional investors own 87.84% of the company’s stock.

About Valmont Industries

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.