Jackson Creek Investment Advisors LLC Takes Position in MYR Group, Inc. $MYRG

Posted by George Bondi on May 27th, 2026

Jackson Creek Investment Advisors LLC bought a new position in shares of MYR Group, Inc. (NASDAQ:MYRG – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,295 shares of the utilities provider’s stock, valued at approximately $1,812,000.

Several other institutional investors and hedge funds have also made changes to their positions in MYRG. Fisher Asset Management LLC grew its holdings in MYR Group by 4.7% during the 4th quarter. Fisher Asset Management LLC now owns 471,706 shares of the utilities provider’s stock valued at $103,068,000 after purchasing an additional 21,304 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in MYR Group by 271.2% in the 4th quarter. Hantz Financial Services Inc. now owns 219 shares of the utilities provider’s stock worth $48,000 after buying an additional 160 shares in the last quarter. Swedbank AB boosted its position in MYR Group by 20.4% in the 4th quarter. Swedbank AB now owns 37,200 shares of the utilities provider’s stock valued at $8,128,000 after buying an additional 6,300 shares during the last quarter. Coldstream Capital Management Inc. purchased a new position in MYR Group in the 4th quarter valued at about $206,000. Finally, MQS Management LLC acquired a new stake in shares of MYR Group during the fourth quarter valued at about $363,000. 88.90% of the stock is currently owned by hedge funds and other institutional investors.

MYR Group Price Performance

Shares of MYRG stock opened at $464.35 on Wednesday. The firm has a fifty day moving average of $351.75 and a two-hundred day moving average of $280.47. The firm has a market cap of $7.23 billion, a P/E ratio of 51.20 and a beta of 1.30. MYR Group, Inc. has a 1-year low of $154.62 and a 1-year high of $480.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.31 and a quick ratio of 1.31.

MYR Group (NASDAQ:MYRG – Get Free Report) last issued its earnings results on Wednesday, April 29th. The utilities provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.90. MYR Group had a net margin of 3.71% and a return on equity of 22.14%. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $932.45 million. During the same quarter in the prior year, the business posted $1.45 EPS. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. As a group, research analysts anticipate that MYR Group, Inc. will post 10.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MYRG has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of MYR Group in a research report on Tuesday, April 21st. Cantor Fitzgerald increased their price target on MYR Group from $311.00 to $564.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Robert W. Baird set a $373.00 price objective on MYR Group in a research note on Thursday, April 30th. Zacks Research upgraded MYR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Finally, Stifel Nicolaus set a $503.00 target price on MYR Group in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $358.17.

Get Our Latest Stock Analysis on MYR Group

MYR Group Profile

(Free Report)

MYR Group Inc (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services.

Jackson Creek Investment Advisors LLC Takes Position in MYR Group, Inc. $MYRG

MYR Group Price Performance

Wall Street Analyst Weigh In

MYR Group Profile

Further Reading

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