Lone Pine Capital 13F: Cuts Vulcan Materials (VMC) Stake by $454M

Lone Pine Capital Shrinks Vulcan Position

Lone Pine Capital made a major cut to its holdings in Vulcan Materials Company NYSE:VMC, according to its latest Form 13F filing with the SEC for the period ended May 15, 2026. The fund reduced its position by 91.4%, selling off 1,539,753 shares. That left the investor holding 144,179 shares valued at roughly $42.5 million.

Vulcan Stock Performance and Levels

The stock recently changed hands at $295.01, placing it well above its 52-week low of $240.69 while staying below its peak of $331.09. Shares have navigated a steady path through the year, trading near key moving averages like the 200-day mark at $286.35 while holding a forward P/E ratio of 23.1.

Insider Buying and Selling at Vulcan Materials Company

Company insiders were active on June 12, 2026, with multiple individuals adjusting their personal stakes. Styslinger Lee III picked up 228 shares at an average price of $273.70 for a total value of $62,403.60. Melissa Anderson also added 228 shares at the same price point, while Thomas Fanning acquired 301 shares worth $82,383.70. On the other side of the ledger, Grayson Hall sold 655 shares, and Lydia Kennard parted with 655 shares.

Wall Street Analyst Forecasts

Analyst firms have continued updating their outlooks on the construction materials supplier through October 2026. On October 16, 2026, Raymond James maintained its outperform rating while moving its target down to $308.00 from $320.00. JP Morgan maintained a neutral rating on October 13, 2026, setting a target of $300.00. RBC Capital kept a sector perform rating on October 9, 2026, adjusting its target to $256.00. UBS maintained a buy rating on October 8, 2026, with a target of $326.00, and Wells Fargo kept an underweight rating on October 5, 2026, at a target of $249.00.

Vulcan Materials Business Focus

Headquartered in Birmingham, Alabama, Vulcan Materials supplies crushed stone, sand, gravel, and other construction aggregates across the United States. It also produces asphalt mix and ready-mixed concrete for public works, highways, and residential and commercial building projects. Institutional adjustments like Lone Pine's filing reflect portfolio management choices made as the company navigates ongoing demand cycles in the basic materials sector.

Looking Ahead for Investors

Market participants will look toward the company's next earnings report scheduled for October 29, 2026, for fresh details on revenue and profitability. Because 13F filings look backward at completed quarters, this data shows the fund's positioning at that past date and may not reflect current holdings.