Pilgrim Global buys Sable Offshore (SOC) shares worth $14.7m
Valmont Industries Inc. stock has reached an all-time high, hitting $384.84, with InvestingPro data showing the company trading just 1% above its 52-week high of $384.08. This milestone underscores a remarkable year for the company, with its stock delivering a 41.68% total return over the past twelve months. The surge reflects strong investor confidence, supported by the company’s solid financial health metrics and 47-year track record of consistent dividend payments. According to InvestingPro analysis, the stock appears to be trading near its Fair Value, with 4 analysts recently revising their earnings expectations upward. Valmont Industries, known for its diversified manufacturing operations, has evidently capitalized on favorable market conditions and strategic initiatives, propelling its stock to new heights. With a healthy current ratio of 2.15 and moderate debt levels, this achievement marks a significant moment for the company and its stakeholders as they continue to build on this upward trajectory. Discover more insights about VMI and 1,400+ other stocks through comprehensive Pro Research Reports available on InvestingPro.
In other recent news, Valmont Industries reported its second-quarter 2025 earnings, surpassing market expectations with an adjusted earnings per share of $4.88, compared to the forecasted $4.71. The company’s revenue also exceeded predictions, coming in at $1.05 billion against an anticipated $1.03 billion. In addition to the earnings report, Valmont Industries announced a quarterly dividend of $0.68 per share, payable on October 15, 2025, to shareholders of record on September 26, 2025. This dividend payment reflects an annual rate of $2.72 per share.
Stifel has reiterated its Buy rating on Valmont Industries stock, maintaining a $400 price target, following meetings with company executives and a strong quarterly earnings performance. DA Davidson also raised its price target for Valmont Industries to $400 from $325, while maintaining a Neutral rating, citing the company’s three-to-four-year potential. The investment firm noted the company’s strong performance in its Utility, Telecom, and International Agriculture divisions as contributing factors to the positive outlook. These developments highlight recent positive momentum for Valmont Industries in the market.
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