14,750 Shares in Vulcan Materials Company $VMC Bought by Graham Capital Management L.P.

Graham Capital Management L.P. bought a new position in shares of Vulcan Materials Company (NYSE:VMC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,750 shares of the construction company’s stock, valued at approximately $4,207,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VMC. NBT Bank N A NY bought a new position in Vulcan Materials during the fourth quarter worth $26,000. Godsey & Gibb Inc. bought a new position in Vulcan Materials during the fourth quarter worth $30,000. Measured Wealth Private Client Group LLC bought a new position in Vulcan Materials during the third quarter worth $30,000. WPG Advisers LLC increased its position in Vulcan Materials by 56.4% during the fourth quarter. WPG Advisers LLC now owns 122 shares of the construction company’s stock worth $35,000 after acquiring an additional 44 shares during the period. Finally, Concord Wealth Partners bought a new position in Vulcan Materials during the fourth quarter worth $36,000. Institutional investors own 90.39% of the company’s stock.

Vulcan Materials Trading Up 2.6%

Shares of Vulcan Materials stock opened at $300.75 on Wednesday. The firm has a market capitalization of $39.03 billion, a PE ratio of 35.76, a price-to-earnings-growth ratio of 2.11 and a beta of 1.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.59 and a quick ratio of 1.89. The company’s fifty day moving average price is $283.30 and its two-hundred day moving average price is $290.09. Vulcan Materials Company has a 52-week low of $252.35 and a 52-week high of $331.09.

Vulcan Materials (NYSE:VMC) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.25. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.64 billion. Vulcan Materials had a net margin of 13.81% and a return on equity of 12.95%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 EPS. On average, analysts expect that Vulcan Materials Company will post 9.29 EPS for the current year.

Vulcan Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, May 22nd. Vulcan Materials’s payout ratio is 24.73%.

Insider Transactions at Vulcan Materials

In other Vulcan Materials news, SVP David P. Clement sold 2,212 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $292.29, for a total value of $646,545.48. Following the sale, the senior vice president owned 8,716 shares of the company’s stock, valued at $2,547,599.64. The trade was a 20.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.65% of the stock is owned by company insiders.

Analyst Ratings Changes

VMC has been the topic of a number of research reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $320.00 target price (down from $335.00) on shares of Vulcan Materials in a research report on Wednesday, March 4th. Oppenheimer initiated coverage on shares of Vulcan Materials in a research report on Thursday, May 28th. They set a “market perform” rating on the stock. Truist Financial boosted their target price on shares of Vulcan Materials from $320.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. DA Davidson dropped their target price on shares of Vulcan Materials from $330.00 to $320.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Zacks Research raised shares of Vulcan Materials from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. Seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $326.92.

Vulcan Materials Company Profile

Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.

Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.