248,058 Shares in Valmont Industries, Inc. $VMI Bought by Norges Bank

Posted by George Bondi on Jun 6th, 2026

Norges Bank bought a new position in shares of Valmont Industries, Inc. (NYSE:VMI – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund bought 248,058 shares of the industrial products company’s stock, valued at approximately $99,799,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Community Bank N.A. bought a new position in Valmont Industries during the third quarter worth $25,000. Elyxium Wealth LLC bought a new position in Valmont Industries during the fourth quarter worth $27,000. Leonteq Securities AG bought a new position in Valmont Industries during the fourth quarter worth $30,000. Abich Financial Wealth Management LLC bought a new position in Valmont Industries during the third quarter worth $36,000. Finally, Geneos Wealth Management Inc. boosted its stake in Valmont Industries by 223.4% during the first 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. 87.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VMI. JPMorgan Chase & Co. increased their target price 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. 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. Stifel Nicolaus increased their target price on shares of Valmont Industries from $497.00 to $541.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Zacks Research raised shares of Valmont Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 23rd. Finally, DA Davidson raised their price objective on shares of Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $525.25.

Get Our Latest Analysis on VMI

Valmont Industries Stock Down 1.9%

Valmont Industries stock opened at $534.32 on Friday. Valmont Industries, Inc. has a 1-year low of $316.56 and a 1-year high of $548.90. The firm has a market capitalization of $10.37 billion, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 1.26 and a beta of 1.34. The firm’s fifty day moving average price is $474.89 and its two-hundred day moving average price is $444.79. The company has a current ratio of 2.38, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47.

Valmont Industries (NYSE:VMI – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The industrial products company reported $5.51 earnings per share for the quarter, beating analysts’ consensus estimates of $4.72 by $0.79. Valmont Industries had a net margin of 8.91% and a return on equity of 24.94%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $994.85 million. During the same period last year, the firm earned $4.32 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, equities research analysts predict that Valmont Industries, Inc. will post 22.83 earnings per share 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. 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 dividend payout ratio is currently 17.10%.

Insider Activity at Valmont Industries

In other news, Director Mogens C. Bay sold 17,500 shares of the 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 $55,294,213.06. This represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by corporate insiders.

Valmont Industries Company Profile

(Free Report)

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.