UBS Upgrades Vulcan Materials: Fund Sentiment and Shareholder Actions

On May 16, 2025, UBS changed its outlook for Vulcan Materials (BIT:1VMC) from Neutral to Buy.

Fund Sentiment Overview

Currently, 1,693 funds or institutions report holdings in Vulcan Materials, reflecting a decrease of 15 owners, or 0.88%, over the last quarter. The average portfolio weight dedicated to 1VMC among all funds stands at 0.30%, marking an increase of 6.28%. In recent months, total shares owned by institutions rose by 1.04% to 151,322K shares.

Actions of Major Shareholders

State Farm Mutual Automobile Insurance

This company holds 9,555K shares, which represents 7.23% ownership. Previously, State Farm reported owning 9,647K shares, showing a decrease of 0.97%. In the last quarter, the firm decreased its portfolio allocation in 1VMC by 43.42%.

JPMorgan Chase

JPMorgan Chase currently holds 6,968K shares, reflecting 5.27% ownership. Their prior filing indicated ownership of 6,597K shares, which is an increase of 5.32%. However, the portfolio allocation in 1VMC saw a significant decline of 90.08% in the last quarter.

Principal Financial Group

Holding 6,508K shares, Principal Financial Group owns 4.93% of Vulcan Materials. They previously reported 6,062K shares, indicating an increase of 6.85%. Despite this rise, their allocation in 1VMC decreased by 48.48% over the past quarter.

Vanguard Total Stock Market Index Fund Investor Shares (VTSMX)

This fund holds 4,134K shares, representing 3.13% ownership. In its last report, it owned 4,193K shares, showing a decrease of 1.44% and a minor portfolio allocation drop of 0.22% over the quarter.

MidCap Fund (PMBMX)

PMBMX holds 4,063K shares, equating to 3.08% ownership of Vulcan Materials.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.