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Investment Manager Bets Big on Valmont Industries Stock With $13.3 Million Buy, According to Latest SEC Filing
Yahoo Finance· 2026-02-26 15:01
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]