Vulcan Materials (NYSE:VMC – Free Report) had its price objective hoisted by Royal Bank Of Canada from $256.00 to $257.00 in a report issued on Friday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the construction company’s stock.
VMC has been the subject of a number of other research reports. DA Davidson reiterated a “buy” rating and issued a $330.00 price objective on shares of Vulcan Materials in a research report on Monday, September 21st. Raymond James Financial cut their price objective on shares of Vulcan Materials from $320.00 to $308.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Truist Financial dropped their price objective on shares of Vulcan Materials from $360.00 to $320.00 and set a “buy” rating for the company in a report on Monday, October 5th. Citigroup reduced their target price on Vulcan Materials from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Finally, Wall Street Zen cut Vulcan Materials from a “hold” rating to a “sell” rating in a research note on Saturday, September 12th. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $308.78.
Read Our Latest Stock Analysis on VMC
Vulcan Materials Trading Up 0.5%
NYSE VMC opened at $281.59 on Friday. Vulcan Materials has a 52 week low of $237.03 and a 52 week high of $331.09. The company has a 50 day moving average price of $255.77 and a 200 day moving average price of $280.40. The company has a quick ratio of 1.20, a current ratio of 1.43 and a debt-to-equity ratio of 0.47. The firm has a market cap of $36.49 billion, a PE ratio of 33.32, a price-to-earnings-growth ratio of 2.89 and a beta of 1.05.
Vulcan Materials (NYSE:VMC – Get Free Report) last announced its earnings results on Thursday, October 29th. The construction company reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.02. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Vulcan Materials had a net margin of 13.77% and a return on equity of 13.03%. Vulcan Materials’s revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm earned $2.84 earnings per share. As a group, sell-side analysts forecast that Vulcan Materials will post 8.91 EPS for the current fiscal year.
Vulcan Materials Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Monday, November 9th will be issued a dividend of $0.52 per share. The ex-dividend date is Monday, November 9th. This represents a $2.08 annualized dividend and a yield of 0.7%. Vulcan Materials’s dividend payout ratio is 24.62%.
Insider Transactions at Vulcan Materials
In related news, Director J. Hill sold 14,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $276.17, for a total transaction of $3,866,380.00. Following the sale, the director directly owned 58,209 shares in the company, valued at approximately $16,075,579.53. This represents a 19.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David P. Clement sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $285.10, for a total transaction of $570,200.00. Following the completion of the sale, the senior vice president directly owned 6,716 shares in the company, valued at approximately $1,914,731.60. This trade represents a 22.95% decrease in their position. The SEC filing for this sale provides additional information. 0.65% of the stock is owned by company insiders.
Institutional Investors Weigh In On Vulcan Materials
Large investors have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Vulcan Materials during the second quarter worth about $2,868,444,000. Bank of America Corp DE acquired a new stake in shares of Vulcan Materials in the 2nd quarter valued at about $688,580,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Vulcan Materials in the 2nd quarter valued at about $451,119,000. Dimensional Fund Advisors LP boosted its position in shares of Vulcan Materials by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,346,422 shares of the construction company’s stock valued at $366,592,000 after purchasing an additional 24,187 shares during the period. Finally, Stockbridge Partners LLC purchased a new position in Vulcan Materials during the 2nd quarter worth approximately $314,470,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Vulcan Materials News Summary
Here are the key news stories impacting Vulcan Materials this week:
- Positive Sentiment: Q3 earnings beat estimates: Vulcan reported adjusted EPS of $2.83, narrowly above the $2.81 consensus. Management also highlighted pricing strength, operational efficiencies and an approximately $2.4 billion 2026 adjusted EBITDA target. Vulcan Reports Third Quarter 2026 Results
- Positive Sentiment: Forward outlook and capital returns supported sentiment: Vulcan said it is targeting earnings growth again in 2027, expanded through acquisitions in Tennessee and southern Ohio, and returned $417 million to shareholders through buybacks and dividends. Vulcan outlook analysis
- Positive Sentiment: D.A. Davidson became more bullish: The firm raised its price target from $315 to $330 and assigned a “buy” rating, implying meaningful upside from recent trading levels.
- Neutral Sentiment: Analyst views remain divided: RBC raised its target slightly to $257 while maintaining “sector perform,” and BNP Paribas reduced its target to $281. The mixed recommendations may limit the impact of the bullish target increase.
- Negative Sentiment: Revenue and volumes weakened: Third-quarter revenue fell about 4.7% year over year to roughly $2.19 billion, below the $2.24 billion consensus, while aggregates shipments declined 3%. Lower 2026 EBITDA guidance and cautious forecasts from Wells Fargo and Stifel remain overhangs. Vulcan Q3 earnings report
- Negative Sentiment: Wells Fargo maintained a cautious stance: Although it raised its target from $249 to $253, it kept an “underweight” rating, indicating its view that the stock is priced above fundamental value.
Vulcan Materials Company Profile
Vulcan Materials Company (NYSE: VMC) is a producer and distributor of construction materials used in infrastructure, commercial, residential and industrial projects. The company is the largest producer of construction aggregates in the United States, including crushed stone, sand and gravel.
In addition to aggregates, Vulcan Materials produces asphalt mix, ready-mixed concrete and cement. Its materials are used in roads, bridges, airports, commercial buildings, homes and other construction applications.
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