Core Viewpoint - Valmont Industries has experienced a decline in share price by approximately 11.9% since its last earnings report, underperforming the S&P 500, raising questions about its future performance leading up to the next earnings release [1]. Earnings Report Summary - For Q4 2025, Valmont reported adjusted earnings of $4.92 per share, a 28.1% increase from $3.84 in the same quarter last year, but it missed the Zacks Consensus Estimate of $4.95 [2]. - The company's revenues for Q4 were $1,038.3 million, reflecting a 0.1% year-over-year increase, yet it fell short of the Zacks Consensus Estimate of $1,046.9 million [2]. Segment Review - Infrastructure segment revenues rose by 7.2% year over year to $819 million, although this was below the estimate of $825.8 million, driven by strong utility sales growth and steady sales in other North American infrastructure products [3]. - Utility sales increased by 21%, supported by favorable pricing and higher volumes, but were offset by a decline in solar sales and softness in the Asia-Pacific market [3]. - Agriculture revenues decreased by 19.9% year over year to $222.7 million, outperforming the estimate of $213.6 million, primarily due to softer demand for irrigation equipment and macroeconomic challenges [4]. Financials - At the end of the quarter, Valmont had cash and cash equivalents of $187.1 million, with cash provided by operating activities at $456.5 million, down approximately 20% year over year [5]. - The company returned $85.6 million to shareholders through dividends and share repurchases during the reported quarter and invested $40.8 million in capital expenditures for growth initiatives [5]. 2026 Outlook - Valmont provided guidance for full-year 2026, anticipating net sales of approximately $4.2-$4.4 billion, with infrastructure segment revenues of around $3.25-$3.4 billion and agriculture segment revenues of approximately $0.95-$1 billion [6]. - The earnings per share outlook is set between $20.5 and $23.50, with capital expenditures expected to be in the range of $170-$200 million and an effective tax rate of about 26% [6]. Estimate Trends - There has been a downward trend in estimates, with the consensus estimate shifting down by 5.22% over the past month [7]. VGM Scores - Valmont currently holds a Growth Score of B, a Momentum Score of C, and a Value Score of C, placing it in the middle 20% for the value investment strategy [8][9]. Overall Outlook - The stock has seen a general downward trend in estimates, indicating a shift in expectations, and currently holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [10].

PresentationTomohiko SanoJPMorgan Chase & Co, Research Division All right. Good afternoon, everyone. Thank you for joining Valmont Industries sessions. This is Tomohiko Sano, SMID cap industrials analyst at JPMorgan. With me, we have Avner Applbaum, President and CEO; Thomas Liguori, Executive Vice President and CFO, Renee Campbell, SVP, Capital Markets and Risk. So thank you, Avner, Tom and Renee for joining today. So before we begin, I want to highlight why Valmont Industries is such a key participant of ...

Valmont Industries Conference Call Summary Company Overview - **Company**: Valmont Industries - **Industry**: Infrastructure and Agricultural Solutions - **Founded**: 1946, headquartered in Valley, Nebraska - **Business Segmentation**: 75% infrastructure, 25% agriculture - **Global Presence**: Operates in over 100 countries, with 70% of revenue from North America [3][4] Core Values and Culture - **Core Values**: Integrity, passion, continuous improvement, delivering results [11] - **Cultural Shift**: Increased focus on customer-centricity and innovation to solve customer challenges [13][14] Market Trends and Growth Strategies - **Mega Trends**: - Rising energy demand and grid expansion driven by electrification and industrial growth [5][18] - Need for replacing aging infrastructure to enhance resiliency [19] - Increased agricultural productivity and resource efficiency due to limited land and water [5][20] - **Strategic Goals**: Targeting $25-$30 EPS over the next 3-4 years through capacity expansion in infrastructure and technology advancements in agriculture [5][6] Financial Performance and Projections - **Infrastructure Segment**: - Expected growth of 5%-6% over the next 3-4 years, with utility business growing at 9%-10% annually [30] - Fourth quarter growth of 20% year-over-year [30] - Operating margins projected to increase from 17% to 20% by 2029 [33] - **Agriculture Segment**: - Currently facing cyclical headwinds, with a focus on higher-margin aftermarket and technology solutions [25][33] - Targeting an increase in aftermarket revenue from 20% to 23%-24% [33] Capital Allocation and Investments - **Capital Allocation Strategy**: 50% of cash generated towards growth and 50% towards shareholder returns [6] - **CapEx Plans**: $100 million annually for capacity expansion, with expected revenue increase of over $100 million for each $100 million spent [31][43] - **Focus Areas**: Investment in technology and people for agriculture, and operational efficiency through AI in manufacturing [39][42] Divestment Strategy - **Solar Business**: Divested from North American solar market to focus on utility business, folding solar into other product lines for reporting [46][47] - **Future Divestments**: No further divestments anticipated; focus on improving performance in existing businesses [48] Challenges and Risks - **Global Supply Chain Issues**: Minimal operations at the Dubai facility due to safety concerns and prioritization of food over equipment [52] - **Commodity Pricing**: Monitoring zinc and aluminum prices, with no current shortages but potential impacts on pricing strategies [54][55] Conclusion - Valmont Industries is well-positioned to capitalize on significant growth opportunities in infrastructure and agriculture, with a strong focus on customer-centric innovation and disciplined capital allocation strategies aimed at achieving substantial earnings growth in the coming years [49][50]

Core Viewpoint - Valmont Industries, Inc. will participate in the J.P. Morgan Industrials Conference on March 17th, showcasing its leadership in providing products and solutions for infrastructure and agricultural productivity [1] Company Participation - The company's President and CEO, Avner M. Applbaum, along with CFO Thomas Liguori and Senior VP of Capital Markets and Risk Renee Campbell, will present at the conference [1]

Company Overview - Valmont Industries is a diversified industrial company focused on critical infrastructure and agricultural productivity, leveraging engineering expertise and manufacturing scale to meet the needs of both developed and emerging markets [9] - The company produces engineered metal and composite structures, irrigation equipment, coatings, and water management solutions, generating revenue through the manufacture and sale of fabricated products and technology solutions [8] - As of February 17, 2026, Valmont Industries had a market capitalization of $9.02 billion, trailing twelve months revenue of $4.10 billion, and net income of $353.69 million [5][3] Recent Developments - Pennant Select, LLC initiated a new position in Valmont Industries by acquiring 33,000 shares valued at approximately $13.28 million, representing 7.0% of its reportable assets as of December 31, 2025 [2][3] - The shares of Valmont Industries were priced at $443.96 as of February 17, 2026, reflecting an 18.7% increase over the last year, outperforming the S&P 500 by 27.6 percentage points [3] Financial Metrics - The dividend yield for Valmont Industries stood at 0.59% as of February 18, 2026 [4] - The company's operations are divided between Infrastructure and Agriculture segments, serving municipalities, utilities, telecommunications firms, contractors, manufacturers, and large-scale agricultural producers globally [8]

Core Insights - Valmont Industries, Inc. (VMI) announced a 13% increase in its quarterly cash dividend to 77 cents per share, reflecting successful capital allocation strategies [1][8] - The annualized dividend totals $3.08 per share, payable on April 15, 2026, to shareholders of record as of March 27, 2026 [1] Capital Allocation Strategy - The dividend hike aligns with the capital allocation strategy introduced in February 2025, targeting 50% of operating cash flow for high-return growth initiatives and returning the remaining 50% to shareholders through dividends and share repurchases [2][8] - This strategy aims to balance growth acceleration and shareholder returns [2] Financial Performance - VMI reported fourth-quarter 2025 adjusted earnings of $4.92 per share, a 28.1% increase from the previous year's $3.84 [4] - The company's revenues for the fourth quarter were $1,038.3 million, reflecting a 0.1% year-over-year increase [4] Stock Performance - VMI's stock has gained 33.1% over the past year, compared to the industry's growth of 40.9% [6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Address of principal executive offices) (Zip Code) For the fiscal year ended December 27, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-31429 Valmont Industries, Inc. (Exact name of reg ...

Dividend Increase - Valmont Industries, Inc. announced a 13% increase in its quarterly cash dividend to $0.77 per share, payable on April 15, 2026, to shareholders of record on March 27, 2026, resulting in an annualized dividend of $3.08 per share [1][1][1] - The dividend increase aligns with Valmont's capital allocation priorities established in February 2025, targeting approximately 50% of operating cash flow for high-return growth opportunities and 50% for shareholder returns through dividends and share repurchases [1][1][1] Financial Performance - For the fourth quarter and fiscal year ended December 27, 2025, Valmont reported a GAAP EPS of $9.05 and an adjusted EPS of $4.92, with a full-year EPS outlook for 2026 projected between $20.50 and $23.50 [1][1][1] - The company experienced improved earnings per share and growth in backlog year-over-year despite a mixed demand environment [1][1][1] Leadership Changes - Valmont announced the appointment of Paul Maass to its Board of Directors, effective February 23, 2026, bringing experience in global agribusiness, supply chain management, and strategic growth [1][1][1]

Core Insights - Valmont Industries, Inc. has appointed Paul Maass to its Board of Directors, effective February 23, 2026, increasing the total number of board members to eleven [1][2] Group 1: Appointment Details - Paul Maass is recognized for his extensive experience in global agribusiness, supply chain management, and strategic growth, which will enhance Valmont's Board [2] - The appointment reflects Valmont's commitment to strong governance and effective board leadership [1] Group 2: Paul Maass's Background - Since 2016, Mr. Maass has been the CEO of The Scoular Company, a global firm with over $7 billion in annual sales, focusing on diversified supply chain solutions in agricultural and biofuels markets [2][3] - Prior to Scoular, Mr. Maass held the position of President at Conagra Brands, where he contributed to the establishment of Ardent Mills and served as its Board Chairman [3] Group 3: Strategic Vision - Mr. Maass expressed enthusiasm about joining Valmont's Board, highlighting the company's leadership in agriculture and infrastructure as a strong platform for long-term value creation [4]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]