Argan, Inc. $AGX Shares Sold by Sapient Capital LLC

Posted by Brian Himes on May 18th, 2026

Sapient Capital LLC cut its stake in Argan, Inc. (NYSE:AGX – Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,263 shares of the construction company’s stock after selling 1,057 shares during the period. Sapient Capital LLC’s holdings in Argan were worth $16,164,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Emerald Mutual Fund Advisers Trust bought a new position in Argan during the 3rd quarter valued at $14,138,000. Versor Investments LP bought a new position in shares of Argan in the 3rd quarter worth about $971,000. Leavell Investment Management Inc. lifted its position in shares of Argan by 125.3% in the 3rd quarter. Leavell Investment Management Inc. now owns 12,505 shares of the construction company’s stock worth $3,377,000 after buying an additional 6,955 shares during the last quarter. TD Asset Management Inc bought a new position in shares of Argan in the 3rd quarter worth about $35,629,000. Finally, M&T Bank Corp bought a new position in shares of Argan in the 4th quarter worth about $478,000. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AGX. Freedom Capital upgraded shares of Argan to a “hold” rating in a research report on Tuesday, March 10th. The Goldman Sachs Group raised their price target on shares of Argan from $399.00 to $518.00 and gave the stock a “buy” rating in a research report on Friday, March 27th. Weiss Ratings restated a “buy (b)” rating on shares of Argan in a research report on Monday, April 6th. Wall Street Zen upgraded shares of Argan from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Finally, Zacks Research upgraded shares of Argan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Argan has a consensus rating of “Moderate Buy” and a consensus price target of $425.40.

Read Our Latest Analysis on AGX

Argan Stock Down 0.4%

AGX stock opened at $719.34 on Monday. Argan, Inc. has a fifty-two week low of $180.63 and a fifty-two week high of $748.50. The firm’s 50-day simple moving average is $574.50 and its 200 day simple moving average is $433.03. The stock has a market cap of $10.03 billion, a PE ratio of 73.85 and a beta of 0.61.

Argan (NYSE:AGX – Get Free Report) last released its quarterly earnings data on Thursday, March 26th. The construction company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $1.48. Argan had a net margin of 14.59% and a return on equity of 33.62%. The business had revenue of $262.05 million for the quarter, compared to analysts’ expectations of $255.32 million. During the same quarter last year, the company earned $2.22 EPS. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. Equities analysts forecast that Argan, Inc. will post 11.44 EPS for the current fiscal year.

Argan Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 22nd. Argan’s dividend payout ratio (DPR) is 20.53%.

Argan declared that its board has approved a stock buyback plan on Wednesday, April 8th that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director John Ronald Jr. Jeffrey sold 2,698 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $664.84, for a total value of $1,793,738.32. Following the sale, the director owned 2,000 shares of the company’s stock, valued at $1,329,680. This trade represents a 57.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Alexander Lisa Larroque sold 350 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $630.58, for a total transaction of $220,703.00. Following the transaction, the director directly owned 350 shares in the company, valued at approximately $220,703. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 64,543 shares of company stock worth $39,054,956. 6.69% of the stock is owned by company insiders.

Argan Profile

(Free Report)

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.