IES (NASDAQ:IESC) Upgraded to “Strong-Buy” at Wall Street Zen

Posted by Brenda Bartman on Aug 2nd, 2026

Wall Street Zen upgraded shares of IES (NASDAQ:IESC – Free Report) from a buy rating to a strong-buy rating in a report released on Saturday morning.

IESC has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of IES in a research report on Thursday, June 18th. Freedom Capital cut shares of IES from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $458.00.

View Our Latest Research Report on IES

IES Trading Up 30.3%

NASDAQ:IESC opened at $744.54 on Friday. The firm has a market cap of $14.83 billion, a PE ratio of 33.08 and a beta of 1.78. The stock has a fifty day moving average price of $674.87 and a 200 day moving average price of $570.66. IES has a 12-month low of $309.51 and a 12-month high of $804.00.

Shares of IES are scheduled to split on Monday, August 24th. The 2-1 split was announced on Friday, July 31st. The newly issued shares will be payable to shareholders after the closing bell on Friday, August 21st.

IES (NASDAQ:IESC – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The technology company reported $6.70 earnings per share for the quarter, topping the consensus estimate of $4.83 by $1.87. IES had a return on equity of 33.97% and a net margin of 10.40%.The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.08 billion.

Insider Activity at IES

In other IES news, Chairman Jeffrey L. Et Al Gendell sold 46,720 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $756.47, for a total value of $35,342,278.40. Following the completion of the transaction, the chairman owned 10,406,559 shares in the company, valued at $7,872,249,686.73. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Todd M. Cleveland sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $761.89, for a total value of $3,809,450.00. Following the transaction, the director directly owned 60,874 shares in the company, valued at approximately $46,379,291.86. The trade was a 7.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 208,102 shares of company stock valued at $146,518,202 over the last ninety days. Insiders own 56.43% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Optiver Holding B.V. lifted its stake in IES by 62.5% in the first quarter. Optiver Holding B.V. now owns 52 shares of the technology company’s stock valued at $25,000 after buying an additional 20 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of IES by 121.4% in the first quarter. Parallel Advisors LLC now owns 62 shares of the technology company’s stock valued at $30,000 after acquiring an additional 34 shares during the period. Harbor Investment Advisory LLC purchased a new position in shares of IES during the second quarter worth approximately $55,000. International Assets Investment Management LLC purchased a new position in shares of IES during the fourth quarter worth approximately $38,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of IES by 366.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 98 shares of the technology company’s stock valued at $38,000 after acquiring an additional 77 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Key Stories Impacting IES

Here are the key news stories impacting IES this week:

Positive Sentiment: Strong quarterly results: IES reported fiscal Q3 EPS of $6.70, exceeding the $4.83 consensus estimate, while revenue reached $1.24 billion versus expectations of $1.08 billion. The results point to strong operating leverage and demand across the company’s infrastructure businesses. IES Holdings Reports Fiscal 2026 Third Quarter Results and Announces Two-for-One Stock Split
Positive Sentiment: Data-center and AI momentum: Coverage highlights a robust backlog and accelerating data-center construction activity as key drivers of the rally. Investors view IES as a beneficiary of rising spending on AI-related computing infrastructure. Data center builder leaps on earnings
Positive Sentiment: Positive analyst sentiment: Wall Street Zen upgraded IES to “Strong Buy,” adding to the favorable reaction to the earnings report and backlog outlook. IES upgraded to Strong Buy
Neutral Sentiment: Two-for-one stock split: IES announced a 2-for-1 split. The action may improve share accessibility and liquidity but does not change the company’s underlying value. Reports cite different effective dates—August 14 and August 24—so investors should confirm the final schedule in the company’s official filings.
Negative Sentiment: Valuation risk: The strong rally leaves IES trading at a premium valuation, increasing sensitivity to any slowdown in data-center demand, execution problems, or future earnings disappointments.

About IES

(Get Free Report)

IES Holdings, Inc (NASDAQ: IESC) is a specialty contractor providing integrated electrical and mechanical construction services, engineering, and systems integration across North America. The company focuses on delivering end-to-end solutions for commercial, industrial and mission-critical facilities, combining design, build, commission and maintenance capabilities to serve a wide range of markets.

Through its subsidiaries, IES offers a comprehensive portfolio of services including electrical distribution and infrastructure, mechanical contracting, process piping, controls and automation, energy management, and ongoing service and maintenance.