VMI

In the past six months (March to September 2026), Valmont Industries' shares rallied by 18.6%, outperforming the Zacks Steel - Pipe and Tube industry, driven by robust utility demand, grid modernization, capacity expansion, pricing discipline, and productivity initiatives. The company raised its 2026 Infrastructure sales guidance to $3.4-$3.5 billion and lifted its 2026 EPS guidance to $22.25-$23.50. However, recent trading showed softness, with the share price down 3.1% over the past month and 17.2% over the last quarter (June-September 2026). Despite strong second-quarter 2026 results, including Q2 EPS of $6.14 and revenue rising 6.5% year-over-year to $1.12 billion, the stock experienced a sharp sell-off attributed to profit-taking and disparities between the booming Infrastructure segment (North America Utility up 33.9%) and persistent weakness in the Agriculture segment (sales down 15.8%). An ex-dividend reminder was issued for September 25, 2026.