Boston Trust Walden Corp Decreases Stock Holdings in Valmont Industries, Inc. (NYSE:VMI)

Boston Trust Walden Corp lessened its stake in Valmont Industries, Inc. (NYSE:VMI - Free Report) by 2.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,022 shares of the industrial products company's stock after selling 3,045 shares during the period. Boston Trust Walden Corp owned 0.61% of Valmont Industries worth $35,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in VMI. GAMMA Investing LLC grew its position in shares of Valmont Industries by 117.4% in the 3rd quarter. GAMMA Investing LLC now owns 100 shares of the industrial products company's stock worth $29,000 after buying an additional 54 shares during the last quarter. Mather Group LLC. boosted its stake in Valmont Industries by 2,060.0% in the second quarter. Mather Group LLC. now owns 108 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 103 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in Valmont Industries in the third quarter worth $39,000. Quarry LP increased its position in shares of Valmont Industries by 268.0% during the second quarter. Quarry LP now owns 184 shares of the industrial products company's stock worth $50,000 after purchasing an additional 134 shares in the last quarter. Finally, Versant Capital Management Inc purchased a new stake in shares of Valmont Industries during the 2nd quarter valued at $52,000. 87.84% of the stock is currently owned by institutional investors.

Valmont Industries Stock Performance

VMI traded down $3.48 on Friday, reaching $317.15. 194,048 shares of the stock were exchanged, compared to its average volume of 157,436. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.53 and a quick ratio of 1.63. The company's 50-day moving average price is $288.16 and its 200 day moving average price is $269.76. The firm has a market capitalization of $6.40 billion, a PE ratio of 41.79 and a beta of 1.02. Valmont Industries, Inc. has a fifty-two week low of $188.63 and a fifty-two week high of $330.97.

Valmont Industries (NYSE:VMI - Get Free Report) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $4.11 EPS for the quarter, topping analysts' consensus estimates of $4.00 by $0.11. Valmont Industries had a return on equity of 23.63% and a net margin of 7.38%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company posted $4.12 earnings per share. The company's revenue was down 2.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Valmont Industries, Inc. will post 16.78 EPS for the current fiscal year.

Valmont Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.76%. Valmont Industries's payout ratio is currently 31.62%.

Insider Buying and Selling

In other news, CFO Timothy P. Francis sold 2,300 shares of the company's stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $298.49, for a total value of $686,527.00. Following the sale, the chief financial officer now owns 9,471 shares in the company, valued at $2,826,998.79. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, 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 transaction, the chief financial officer now directly owns 9,471 shares in the company, valued at $2,826,998.79. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Theodor Werner Freye sold 1,600 shares of the stock in a transaction 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 sale, the director now directly owns 3,685 shares in the company, valued at $1,105,942.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. DA Davidson upped their target price on Valmont Industries from $340.00 to $380.00 and gave the company a "buy" rating in a research report on Thursday. Stifel Nicolaus increased their price objective on shares of Valmont Industries from $350.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday. Finally, StockNews.com upgraded shares of Valmont Industries from a "buy" rating to a "strong-buy" rating in a research note on Monday, August 12th.

Valmont Industries Company Profile

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.