Sanctuary Advisors LLC and
Bright Rock Capital Management LLC have recently acquired shares of
Vulcan Materials (NYSE:VMC). The company is being highlighted as a potentially undervalued construction stock by analysts, despite having missed Q2 expectations and having lowered its 2024 forecast. Nonetheless, their growth strategy seems to be enhanced with the confirmed acquisition of
Wake Stone Corporation. With regard to challenges, Vulcan was seen to be dealing with cost issues and disputes according to a recent SWOT analysis. Unfortunately,
Mexico recently expropriated Vulcan Material’s port and quarry. On the other side,
Clearbridge Investments LLC and
Northwestern Mutual Wealth Management Co increased their stock holdings in the company. Discussions on
Vulcan’s debt arise, however, their stock in spite of weakness, shows robust financials.
David Clement, Senior Vice President, and
Thomas Hill were reported to have sold a notable number of Vulcan shares. Shares in Vulcan Materials also sold by
Massachusetts Financial Services Co. MA and
Meeder Asset Management Inc.
Vulcan Materials Company VMC News Analytics from Thu, 03 Jun 2021 07:00:00 GMT to Sat, 05 Oct 2024 12:42:28 GMT -
Rating -2
- Innovation -2
- Information 7
- Rumor -2
