VMC

What Is the Outlook for Vulcan Materials Shares?

Vulcan Materials shares rose 5.0% this morning to a price of $272.54. The stock is still trading within range of its average target price of $276.62, and over the last 52 weeks, it has recorded a 27.4% performance. Analysts have given the Large-Cap Mining & Quarrying of Nonmetallic Minerals (No Fuels) stock target prices ranging from $169.12 to $310.0 dollars per share, with an average rating of buy.

Vulcan Materials's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 1.7. The company's insiders own 0.13% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 93.7%. In conclusion, we believe there is mixed market sentiment regarding Vulcan Materials.

Institutions Invested in Vulcan Materials

Date Reported Holder Percentage Shares Value
2024-06-30 Vanguard Group Inc 12% 16,177,825 $4,409,023,595
2024-06-30 Blackrock Inc. 8% 10,036,825 $2,735,386,138
2024-06-30 State Farm Mutual Automobile Insurance Co 7% 9,666,685 $2,634,510,031
2024-06-30 Massachusetts Financial Services Co. 5% 7,187,744 $1,958,911,837
2024-06-30 JP Morgan Chase & Company 5% 6,325,191 $1,723,835,952
2024-06-30 State Street Corporation 4% 5,215,939 $1,421,525,954
2024-06-30 Principal Financial Group, Inc. 3% 4,435,990 $1,208,962,550
2024-06-30 FMR, LLC 3% 3,582,660 $976,400,256
2024-06-30 Geode Capital Management, LLC 2% 3,278,524 $893,512,550
2024-06-30 ClearBridge Investments, LLC 2% 2,593,090 $706,707,792
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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