VMI stock icon

Valmont Industries

297.66 USD
-4.25
1.41%
Updated Oct 22, 10:42 AM EDT
1 day
-1.41%
5 days
-2.70%
1 month
3.90%
3 months
6.31%
6 months
40.60%
Year to date
26.92%
1 year
28.00%
5 years
114.16%
 

About: Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.

Employees: 11,125

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 5 (+3) [Q2]

40% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 53

23% more capital invested

Capital invested by funds: $4.02B [Q1] → $4.93B (+$910M) [Q2]

6% more funds holding

Funds holding: 378 [Q1] → 399 (+21) [Q2]

1.99% more ownership

Funds ownership: 87.0% [Q1] → 89.0% (+1.99%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 155

36% less call options, than puts

Call options by funds: $4.34M | Put options by funds: $6.72M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$340
14%
upside
Avg. target
$340
14%
upside
High target
$340
14%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
DA Davidson
Brent Thielman
90% 1-year accuracy
27 / 30 met price target
14%upside
$340
Buy
Maintained
26 Jul 2024

Financial journalist opinion

Based on 8 articles about VMI published over the past 30 days

Neutral
GlobeNewsWire
2 weeks ago
Precision Irrigation Industry Report 2024, Featuring Profiles of Agsmart, Grodan, Jain Irrigation Systems, Nelson Irrigation, Netafim, Rain Bird, Rivulis Irrigation, T-L Irrigation, Valmont Industries
Dublin, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The "Precision Irrigation - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Precision Irrigation was estimated at US$3 Billion in 2023 and is projected to reach US$4.1 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. Precision Irrigation: Revolutionizing Water Management in Agriculture Precision irrigation is an advanced farming technique that involves the accurate and efficient application of water to crops based on real-time data and field-specific conditions. This approach contrasts with traditional irrigation methods, which often apply water uniformly across fields, regardless of varying crop needs or soil moisture levels. Precision irrigation systems, consisting of sprinkler, drip and boom system, use technologies such as sensors, GPS, satellite imagery, and data analytics to monitor factors like soil moisture, weather conditions, and crop health, enabling farmers to deliver the right amount of water at the right time. By optimizing water usage, precision irrigation not only conserves water resources but also enhances crop yield and quality. This technology is crucial in addressing the challenges of water scarcity and the increasing demand for food production, making it a vital tool for sustainable agriculture. How Are Technological Advancements Enhancing Precision Irrigation? Technological advancements have significantly enhanced the capabilities and effectiveness of precision irrigation systems. The integration of Internet of Things (IoT) devices and wireless sensor networks has improved the accuracy of soil moisture and environmental monitoring, providing real-time data that informs irrigation decisions. Advanced algorithms and machine learning models analyze this data to predict irrigation needs, taking into account factors such as crop type, growth stage, and weather forecasts. The development of smart irrigation controllers has further automated the process, allowing for remote management and adjustments via mobile devices.
Precision Irrigation Industry Report 2024, Featuring Profiles of Agsmart, Grodan, Jain Irrigation Systems, Nelson Irrigation, Netafim, Rain Bird, Rivulis Irrigation, T-L Irrigation, Valmont Industries
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