American Century Companies Boosts Valmont Industries Stake

Investment firm increases holding in industrial products company by nearly 24%

Published on Mar. 7, 2026

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American Century Companies Inc. grew its position in Valmont Industries, Inc. (NYSE:VMI) by 23.9% in the 3rd quarter, according to a recent SEC filing. The investment firm now owns 113,589 shares of the industrial products company's stock, worth $44.04 million.

Why it matters

Valmont Industries is a diversified industrial manufacturer focused on infrastructure and agricultural products. The increase in American Century's stake suggests the firm sees continued growth potential in Valmont's business, which includes utility poles, transmission towers, irrigation systems, and other engineered products.

The details

American Century Companies added 21,923 shares to its Valmont Industries position during the third quarter, bringing its total stake to 113,589 shares. This represents 0.58% ownership in the $8.3 billion company. Valmont's stock has seen strong performance, rising over 70% in the past year as the company benefits from infrastructure investment and agricultural demand.

  • American Century Companies filed the 13F report disclosing the increased Valmont stake on March 7, 2026.
  • The 23.9% increase in shares occurred during the third quarter of the previous fiscal year.

The players

American Century Companies Inc.

A global investment management firm headquartered in Kansas City, Missouri that oversees over $250 billion in assets.

Valmont Industries, Inc.

A diversified industrial manufacturer specializing in infrastructure and agricultural products, headquartered in Omaha, Nebraska.

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What they’re saying

“We must continue to identify promising industrial companies like Valmont that are well-positioned for long-term growth.”

— David Mackintosh, Chief Investment Officer, American Century Companies (MarketBeat)

What’s next

American Century Companies is likely to continue monitoring Valmont Industries' performance and could further increase its stake if the company continues to execute well.

The takeaway

The increased investment by American Century Companies underscores the appeal of Valmont Industries' diversified industrial business model and its potential for continued growth in key infrastructure and agricultural markets.