Generate Investment Management 13F: Exits VMC Stake

Generate Investment Management closed out its investment in Vulcan Materials Company (NYSE:VMC), parting ways with every single share it owned according to a regulatory filing on October 14, 2026.

Inside Generate Investment Management's Vulcan Materials Trade

Generate Investment Management sold out of its position entirely during the period, cutting its holdings by 58,815 shares to finish with zero shares remaining. Because 13F filings look backward at institutional holdings from the end of the quarter, this filing shows the fund's posture at that time and may not match its current portfolio today.

Other Institutional Activity in Vulcan Materials

Other major institutional investors adjusted their holdings in the construction materials provider around the same time. Blackrock Inc. reduced its holdings by 239,095 shares, ending with 9,723,208 shares worth about $2,504,990,124. State Farm Mutual Automobile Insurance Co kept its stake steady at 9,521,730 shares valued at roughly $2,453,083,346 with zero change in units. Vanguard Capital Management LLC trimmed its position by 59,728 shares, leaving it with 8,472,805 shares worth approximately $2,182,848,793. Vanguard Portfolio Management LLC lowered its holdings by 14,765 shares to wrap up the period with 7,016,149 shares valued at about $1,807,570,501. State Street Corporation moved in the opposite direction, growing its stake by 345,099 shares to hold 6,145,077 shares worth roughly $1,583,156,217.

Vulcan Materials Company Stock Up 1.1%

Vulcan Materials shares recently traded around $255.17, which puts the stock down about 22.9% from its 52-week high of $331.09 and up roughly 7.7% above its 52-week low of $237.03. The share price sits below both its 50-day moving average of $258.75 and its 200-day moving average of $282.02.

Recent Earnings

Vulcan Materials reported trailing twelve-month revenues of $8,115,800,064 alongside earnings of $8.48 per share. The company posted a net profit margin of 13.7% and a return on equity of 13.2%. Investors are watching ahead for the next earnings report scheduled for October 29, 2026.

Dividend

Vulcan Materials pays an annual dividend rate of $2.08 per share, giving it a dividend yield of 0.82%. The company's payout ratio sits at 23.8%, meaning it uses less than a quarter of its earnings to cover the shareholder payout.

Insider Buying and Selling at Vulcan Materials Company

Company insiders made several stock transactions earlier in the year. On June 12, 2026, insider Styslinger Lee III bought 228 shares at an average price of $273.70 for a total value of $62,403.60. On the same day, Lydia Kennard picked up 655 shares. Melissa Anderson also bought 228 shares on June 12, 2026, at $273.70 per share totaling $62,403.60. Grayson Hall disposed of 655 shares on June 12, 2026, in a transaction valued at zero dollars.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock leading up to the filing. On October 5, 2026, Wells Fargo maintained its Underweight rating while lowering its price target from $254.00 to $249.00. On the same day, Truist Securities kept a Buy rating while cutting its target from $360.00 to $320.00. UBS maintained a Buy rating on October 8, 2026, lowering its target from $349.00 to $326.00. RBC Capital kept a Sector Perform rating on October 9, 2026, adjusting its target down from $300.00 to $256.00. JP Morgan maintained a Neutral rating on October 13, 2026, reducing its target from $320.00 to $300.00. Overall, the stock carries a consensus buy recommendation from analysts with a mean price target of $309.48 across 23 analyst opinions.

About Vulcan Materials Company

Vulcan Materials Company is a major U.S. producer and supplier of construction aggregates, operating through segments focused on aggregates, asphalt, and concrete. Institutional shifts in companies like Vulcan often reflect broader portfolio rebalancing across basic materials as firms navigate shifting interest rates and infrastructure spending cycles.

Bottom Line

Generate Investment Management's complete exit removes its name from the shareholder roster for now, though future filings will show if the firm stays on the sidelines. Investors will get a clearer picture of the company's financial health when Vulcan Materials releases its upcoming earnings report on October 29, 2026. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.