Vulcan Materials
About: Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2023, Vulcan sold 234.3 million tons of aggregates, 13.4 million tons of asphalt mix, and 7.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Employees: 10,382
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
77% more call options, than puts
Call options by funds: $110M | Put options by funds: $62.2M
36% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 86
19% more repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 276
4% more funds holding
Funds holding: 836 [Q2] → 867 (+31) [Q3]
2% less capital invested
Capital invested by funds: $30.3B [Q2] → $29.7B (-$672M) [Q3]
2.56% less ownership
Funds ownership: 92.32% [Q2] → 89.76% (-2.56%) [Q3]
21% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 11 (-3) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$285
8%
upside
Avg. target
$310
17%
upside
High target
$349
32%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
JP Morgan Adrian Huerta 0% 1-year accuracy 0 / 4 met price target | 10%upside $290 | Neutral Maintained | 27 Nov 2024 |
UBS Steven Fisher 57% 1-year accuracy 16 / 28 met price target | 32%upside $349 | Buy Initiated | 7 Nov 2024 |
Truist Securities Keith Hughes 55% 1-year accuracy 28 / 51 met price target | 19%upside $315 | Buy Maintained | 1 Nov 2024 |
Barclays Adam Seiden 58% 1-year accuracy 11 / 19 met price target | 8%upside $285 | Overweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 4 articles about VMC published over the past 30 days
Positive
Seeking Alpha
6 days ago
Vulcan Materials: Weathered The Storm, Rock Solid Growth Ahead
Vulcan Materials, a leading construction aggregates supplier, shows strong long-term potential due to operational efficiency, pricing power, and strategic acquisitions like Wake Stone. Despite Q3'24 weather-related disruptions and weaker shipments, Vulcan expanded margins and increased free cash flow by 36% year to date. The company's quasi-monopoly status and ability to raise prices yearly justify its premium valuation and make it a strong candidate for long-term investors.
Positive
Zacks Investment Research
1 week ago
How Will Vulcan's Acquisition of Superior Ready Mix Boost Its Growth?
VMC's latest acquisition strengthens its position in California's aggregates market.
Neutral
PRNewsWire
2 weeks ago
VULCAN TO ACQUIRE LEADING BUILDING MATERIALS COMPANY IN SOUTHERN CALIFORNIA
BIRMINGHAM, Ala. , Dec. 11, 2024 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P.
Positive
Zacks Investment Research
3 weeks ago
Why Is Vulcan (VMC) Up 4.6% Since Last Earnings Report?
Vulcan (VMC) reported earnings 30 days ago. What's next for the stock?
Positive
Investors Business Daily
1 month ago
Will Donald Trump Crush These Growth Stocks?
Infrastructure construction in the U.S. is booming and analysts expect significant growth for this industry. The post Will Donald Trump Crush These Growth Stocks?
Positive
Schwab Network
1 month ago
The Big 3: CME, BLK, VMC
Financials and materials take focus in today's Big 3, all of which have seen significant upside growth off post-election anticipation. Jessica Inskip joins Rick Ducat to break down the technical trends in CME Group (CME), Blackrock (BLK), and Vulcan Materials (VMC).
Neutral
Seeking Alpha
1 month ago
Vulcan Materials Company (VMC) Q3 2024 Earnings Call Transcript
Vulcan Materials Company (NYSE:VMC ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Mark Warren - VP, IR Tom Hill - Chairman & CEO Mary Andrews Carlisle - SVP & CFO Conference Call Participants Garik Shmois - Loop Capital Trey Grooms - Stephens Keith Hughes - Truist Anthony Pettinari - Citigroup Kathryn Thompson - Thompson Research Group Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Phil Ng - Jefferies Timna Tanners - Wolfe Research Michael Dudas - Vertical Research Tyler Brown - Raymond James Adam Thalhimer - Thompson Davis Mike Dahl - RBC Capital Markets Angel Castillo - Morgan Stanley Michael Feniger - Bank of America Operator Good morning.
Negative
Zacks Investment Research
1 month ago
Vulcan's Q3 Earnings & Revenues Lag Estimates, 2025 View Cut
VMC's third-quarter results reflect lower volumes stemming from unfavorable weather conditions but an improved pricing environment.
Neutral
Zacks Investment Research
1 month ago
Vulcan (VMC) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Vulcan (VMC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Vulcan Materials (VMC) Misses Q3 Earnings and Revenue Estimates
Vulcan Materials (VMC) came out with quarterly earnings of $2.22 per share, missing the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.29 per share a year ago.
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