William Blair Issues Pessimistic Outlook for VMI Earnings

Valmont Industries, Inc. (NYSE:VMI) – Analysts at William Blair dropped their Q4 2024 EPS estimates for shares of Valmont Industries in a report issued on Wednesday, October 23rd. William Blair analyst B. Drab now anticipates that the industrial products company will post earnings of $3.56 per share for the quarter, down from their previous estimate of $3.80. The consensus estimate for Valmont Industries’ current full-year earnings is $16.78 per share. William Blair also issued estimates for Valmont Industries’ Q1 2025 earnings at $4.20 EPS, Q2 2025 earnings at $4.93 EPS and Q3 2025 earnings at $4.53 EPS.

Valmont Industries (NYSE:VMI) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.00 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Valmont Industries had a return on equity of 23.63% and a net margin of 7.38%. Valmont Industries’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.12 earnings per share.

VMI has been the topic of several other reports. StockNews.com raised shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 12th. DA Davidson upped their target price on shares of Valmont Industries from $340.00 to $380.00 and gave the company a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus lifted their price target on Valmont Industries from $350.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday.

Valmont Industries Trading Down 1.1 %

Shares of Valmont Industries stock opened at $317.15 on Friday. Valmont Industries has a 12-month low of $188.63 and a 12-month high of $330.97. The company has a quick ratio of 1.63, a current ratio of 2.53 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average is $288.16 and its 200-day moving average is $269.11. The stock has a market cap of $6.40 billion, a P/E ratio of 41.79 and a beta of 1.02.

Valmont Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were given a dividend of $0.60 per share. The ex-dividend date was Friday, September 27th. This represents a $2.40 dividend on an annualized basis and a yield of 0.76%. Valmont Industries’s dividend payout ratio (DPR) is 31.62%.

Insider Buying and Selling at Valmont Industries

In other news, Director Theodor Werner Freye sold 1,600 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $300.12, for a total transaction of $480,192.00. Following the completion of the sale, the director now owns 3,685 shares in the company, valued at approximately $1,105,942.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Theodor Werner Freye sold 1,600 shares of the stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $300.12, for a total transaction of $480,192.00. Following the transaction, the director now owns 3,685 shares in the company, valued at approximately $1,105,942.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Timothy P. Francis sold 2,300 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $298.49, for a total value of $686,527.00. Following the completion of the sale, the chief financial officer now owns 9,471 shares of the company’s stock, valued at $2,826,998.79. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of Valmont Industries

Several hedge funds and other institutional investors have recently bought and sold shares of VMI. Diversify Wealth Management LLC grew its position in shares of Valmont Industries by 19.8% during the 3rd quarter. Diversify Wealth Management LLC now owns 1,508 shares of the industrial products company’s stock worth $437,000 after purchasing an additional 249 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in Valmont Industries during the third quarter worth approximately $220,000. L. Roy Papp & Associates LLP increased its stake in Valmont Industries by 1.0% during the 3rd quarter. L. Roy Papp & Associates LLP now owns 13,962 shares of the industrial products company’s stock worth $4,048,000 after acquiring an additional 137 shares during the period. State of Alaska Department of Revenue increased its stake in Valmont Industries by 3.8% during the 3rd quarter. State of Alaska Department of Revenue now owns 2,342 shares of the industrial products company’s stock worth $679,000 after acquiring an additional 85 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its holdings in Valmont Industries by 69.4% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 15,250 shares of the industrial products company’s stock valued at $4,390,000 after acquiring an additional 6,250 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

About Valmont Industries

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.