Vulcan MaterialsVMC
Market Cap: 34.6B
About: Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2023, Vulcan sold 234.3 million tons of aggregates, 13.4 million tons of asphalt mix, and 7.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Employees: 10,382
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
109% more call options, than puts
Call options by funds: $138M | Put options by funds: $66.2M
61% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 64
18% more capital invested
Capital invested by funds: $27.5B [Q4 2023] → $32.4B (+$4.93B) [Q1 2024]
5% more funds holding
Funds holding: 801 [Q4 2023] → 840 (+39) [Q1 2024]
1.09% less ownership
Funds ownership: 91.16% [Q4 2023] → 90.06% (-1.09%) [Q1 2024]
12% less repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 316
14% less funds holding in top 10
Funds holding in top 10: 21 [Q4 2023] → 18 (-3) [Q1 2024]
Research analyst outlook
11 Wall Street Analysts provided 1 year price forecasts over the past 6 months
11 analyst ratings
Citigroup Anthony Pettinari | 13%upside $297 | Buy Maintained | 11 Jul 2024 |
Loop Capital Garik Shmois | 9%upside $285 | Buy Maintained | 3 Jul 2024 |
Stephens & Co. Trey Grooms | 18%upside $310 | Overweight Maintained | 3 May 2024 |
RBC Capital Mike Dahl | 4%upside $272 | Sector Perform Maintained | 3 May 2024 |
Jefferies Philip Ng | 22%upside $319 | Buy Maintained | 18 Apr 2024 |
Financial journalist opinion
Based on 4 articles about VMC published over the past 30 days