Vulcan Materials (VMC) vs. MLM and EXP: Can Its Aggregates Shift Keep Lifting Margins?

Vulcan Materials (VMC) is shifting its focus to higher-margin aggregates business by divesting lower-margin concrete operations and acquiring new aggregate assets. This strategy has already shown improved margins, with the company beating revenue expectations in Q1 2026. While some Wall Street analysts are optimistic, hedge funds show a cautious stance, with a decline in VMC holdings, indicating that the strategy's full impact is yet to be proven.