Vulcan MaterialsVMC
Market Cap: $30.6B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
116% more call options, than puts
Call options by funds: $102M | Put options by funds: $47.4M
3% more repeat investments, than reductions
Existing positions increased: 306 | Existing positions reduced: 296
0.09% less ownership
Funds ownership: 91.24% [Q1] → 91.15% (-0.09%) [Q2]
3% less funds holding
Funds holding: 853 [Q1] → 829 (-24) [Q2]
9% less capital invested
Capital invested by funds: $32.9B [Q1] → $30B (-$2.89B) [Q2]
22% less funds holding in top 10
Funds holding in top 10: 18 [Q1] → 14 (-4) [Q2]
26% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 91
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Anthony Pettinari 62% 1-year accuracy 34 / 55 met price target | 26%upside $292 | Buy Maintained | 8 Aug 2024 |
Stephens & Co. Trey Grooms 50% 1-year accuracy 12 / 24 met price target | 21%upside $280 | Overweight Maintained | 8 Aug 2024 |
RBC Capital Mike Dahl 56% 1-year accuracy 28 / 50 met price target | 11%upside $257 | Sector Perform Maintained | 7 Aug 2024 |
Truist Securities Keith Hughes 61% 1-year accuracy 36 / 59 met price target | 29%upside $300 | Buy Maintained | 7 Aug 2024 |
Citigroup Anthony Pettinari 62% 1-year accuracy 34 / 55 met price target | 28%upside $297 | Buy Maintained | 11 Jul 2024 |