Shares of Orion Group Holdings, Inc. (NYSE:ORN – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $17.60.
Several research firms have issued reports on ORN. Wall Street Zen upgraded shares of Orion Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. upped their price objective on shares of Orion Group from $16.00 to $19.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Oppenheimer assumed coverage on shares of Orion Group in a research note on Tuesday, July 7th. They set an “outperform” rating and a $20.00 target price for the company. Weiss Ratings upgraded shares of Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Finally, Zacks Research cut shares of Orion Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th.
Get Our Latest Stock Analysis on ORN
Orion Group Trading Up 5.6%
Orion Group (NYSE:ORN – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The construction company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). Orion Group had a return on equity of 3.09% and a net margin of 0.40%.The company had revenue of $221.88 million during the quarter, compared to analyst estimates of $225.72 million. Orion Group has set its FY 2026 guidance at 0.230-0.300 EPS. On average, equities research analysts anticipate that Orion Group will post 0.26 earnings per share for the current fiscal year.
Insider Activity
In related news, Director Margaret M. Foran sold 20,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $14.62, for a total transaction of $292,400.00. Following the sale, the director owned 137,541 shares in the company, valued at $2,010,849.42. This represents a 12.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 40,695 shares of company stock valued at $606,512. 5.70% of the stock is owned by insiders.
Hedge Funds Weigh In On Orion Group
Institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its position in shares of Orion Group by 64.2% during the 1st quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company’s stock worth $2,513,000 after buying an additional 187,819 shares during the period. NewEdge Advisors LLC lifted its position in shares of Orion Group by 55.7% during the 1st quarter. NewEdge Advisors LLC now owns 25,001 shares of the construction company’s stock valued at $131,000 after acquiring an additional 8,945 shares during the period. Empowered Funds LLC grew its holdings in Orion Group by 1.9% in the first quarter. Empowered Funds LLC now owns 119,720 shares of the construction company’s stock worth $626,000 after purchasing an additional 2,220 shares during the period. Strs Ohio bought a new stake in Orion Group in the first quarter valued at $175,000. Finally, Creative Planning bought a new stake in Orion Group in the second quarter valued at $202,000. 70.25% of the stock is owned by institutional investors and hedge funds.
Orion Group Company Profile
Orion Group (NYSE:ORN) is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.
Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.
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