Vulcan Materials Company (VMC) has been performing well within the market despite some shares being sold recently. VMC's stock had hit an all-time high at $276.65 showing promising returns while robust earnings growth, and margin expansion was reported for Q4 and Full Year 2023. Analysts gave varied recommendations but majority had a favorable outlook on VMC due to its attractive financial prospects. Janus Henderson Group PLC and Interval Partners LP had also increased their stakes in Vulcan. Despite some insider selling and share reductions by iA Global Asset Management Inc., Orion Portfolio Solutions LLC, and US Bancorp DE, other investors like Acadian Asset Management LLC and Chevy Chase Trust Holdings LLC upped their shares. Though there have been some concerns about VMC's operations in Mexico, the company has overall shown resilience and good market promise. This was further authenticated by New York's Bamco Inc. and National Bank of Canada FI growing their holdings in Vulcan.
Vulcan Materials Company VMC News Analytics from Mon, 18 Nov 2019 08:00:00 GMT to Fri, 02 Aug 2024 21:00:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 3