Sumitomo Mitsui Trust Group Inc. Reduces Stake in Valmont Industries, Inc.

On February 14, 2025, it was reported that Sumitomo Mitsui Trust Group Inc. has decreased its stake in Valmont Industries, Inc. (NYSE:VMI) by 23.2% during the fourth quarter. This information came from the company's latest filing with the Securities and Exchange Commission (SEC). After selling 1,900 shares, Sumitomo Mitsui Trust Group now holds a total of 6,301 shares in the industrial products company, which have a current worth of $1,932,000 as per their most recent SEC disclosure.

Additionally, other hedge funds have also made adjustments to their positions in Valmont Industries. For instance, GAMMA Investing LLC increased its stake by 117.4% in the third quarter, acquiring 100 shares valued at $29,000 after purchasing an extra 54 shares. Meanwhile, Sunbelt Securities Inc. and Exchange Traded Concepts LLC entered new stake acquisitions valued at $35,000 and $39,000, respectively, in the same quarter. Point72 Asset Management L.P. also added a new stake worth $58,000. Furthermore, Avior Wealth Management LLC grew its position in Valmont Industries by 35.9% in the fourth quarter, now owning 212 shares valued at approximately $65,000. Overall, hedge funds and other institutional investors currently own about 87.84% of Valmont's stock.

Analyst Outlook on Valmont Industries

Recent analysis from various brokerages has shown optimistic forecasts for Valmont Industries. For example, DA Davidson raised its price target from $340.00 to $380.00 while assigning a “buy” rating on October 24th. Similarly, Stifel Nicolaus increased their target from $382.00 to $387.00 with a “buy” rating as well on January 24th.

Insider Transactions

In related news, Director Mogens C. Bay sold 20,000 shares of Valmont Industries on December 2nd at an average price of $348.92, totaling approximately $6,978,400. After the sale, Bay held on to 131,730 shares valued at around $45,963,231.60, marking a 13.18% decrease in his position. Another insider, Director Daas Kaj Den, sold 1,000 shares on November 18th for $338.78 per share, bringing a total transaction value of $338,780. This also represented a 10.37% reduction in his holdings, with 8,644 shares remaining worth around $2,928,414.32. Currently, insiders hold about 2.00% of the company's stock.

Valmont Industries Stock Performance

As of the latest trading session, shares of Valmont Industries opened at $322.85. With a market capitalization of $6.47 billion, the company maintains a P/E ratio of 21.93 and a beta of 1.05. Its financial metrics include a debt-to-equity ratio of 0.58, a quick ratio of 1.55, and a current ratio of 2.35. The stock also shows a fifty-day moving average of $322.06 and a 200-day moving average of $309.83. Valmont Industries is trading within a fifty-two week range, with a low of $202.01 and a high of $354.13.

Company Overview

Valmont Industries, Inc. is an established manufacturer providing products and services for both infrastructure and agriculture markets across the United States, Australia, Brazil, and beyond. The company operates through two main segments: Infrastructure and Agriculture. Its product offerings include steel and pre-stressed concrete structures designed for electrical transmission, along with various poles and structures used in lighting and transportation.

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