Geneva Partners LLC Makes New $3.68 Million Investment in Argan, Inc. $AGX

Posted by Francis Steltz on Aug 20th, 2026

Geneva Partners LLC acquired a new position in Argan, Inc. (NYSE:AGX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 4,603 shares of the construction company’s stock, valued at approximately $3,676,000.

Other large investors have also recently made changes to their positions in the company. Western Wealth Management LLC bought a new stake in Argan during the 1st quarter worth approximately $25,000. Danske Bank A S purchased a new position in Argan during the third quarter valued at approximately $27,000. Montag A & Associates Inc. bought a new position in shares of Argan in the fourth quarter worth approximately $30,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Argan in the fourth quarter worth $30,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Argan in the fourth quarter worth $31,000. 79.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Argan

In other Argan news, Director Peter W. Getsinger sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $699.00, for a total transaction of $1,398,000.00. Following the completion of the sale, the director owned 4,880 shares in the company, valued at $3,411,120. This represents a 29.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen Sweeney sold 300 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $705.00, for a total value of $211,500.00. Following the sale, the director directly owned 1,548 shares in the company, valued at $1,091,340. This trade represents a 16.23% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 127,973 shares of company stock worth $87,554,828. Insiders own 2.99% of the company’s stock.

Argan Trading Down 4.6%

Shares of NYSE:AGX opened at $527.74 on Thursday. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 46.37 and a beta of 0.61. Argan, Inc. has a 12 month low of $197.00 and a 12 month high of $805.75. The company has a 50-day moving average price of $638.19 and a 200 day moving average price of $578.99.

Argan (NYSE:AGX – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The construction company reported $3.24 EPS for the quarter, beating the consensus estimate of $2.31 by $0.93. The company had revenue of $290.95 million for the quarter, compared to the consensus estimate of $256.03 million. Argan had a net margin of 15.48% and a return on equity of 36.89%. The firm’s revenue was up 50.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.60 EPS. As a group, equities analysts forecast that Argan, Inc. will post 12.6 EPS for the current year.

Argan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 23rd were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, July 23rd. Argan’s dividend payout ratio is presently 17.57%.

Analyst Ratings Changes

Several analysts have recently commented on AGX shares. Weiss Ratings downgraded shares of Argan from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Zacks Research lowered Argan from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Finally, Lake Street Capital raised their price target on Argan from $375.00 to $600.00 and gave the company a “hold” rating in a report on Friday, June 5th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Argan presently has an average rating of “Moderate Buy” and an average price target of $470.40.

Get Our Latest Stock Report on AGX

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.