4,722 Shares in Granite Construction Incorporated $GVA Acquired by State of Wyoming

Posted by Geri Gentry on Jun 6th, 2026

State of Wyoming purchased a new position in shares of Granite Construction Incorporated (NYSE:GVA – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,722 shares of the construction company’s stock, valued at approximately $545,000.

Several other large investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in Granite Construction in the 4th quarter valued at approximately $29,000. Spire Wealth Management bought a new position in Granite Construction in the 4th quarter valued at approximately $46,000. Federated Hermes Inc. lifted its stake in Granite Construction by 94.6% in the 3rd quarter. Federated Hermes Inc. now owns 436 shares of the construction company’s stock valued at $48,000 after purchasing an additional 212 shares during the last quarter. Torren Management LLC bought a new position in Granite Construction in the 4th quarter valued at approximately $56,000. Finally, Quarry LP lifted its stake in Granite Construction by 1,417.6% in the 3rd quarter. Quarry LP now owns 516 shares of the construction company’s stock valued at $57,000 after purchasing an additional 482 shares during the last quarter.

Granite Construction Price Performance

GVA stock opened at $141.40 on Friday. The company has a fifty day moving average price of $130.28 and a 200-day moving average price of $123.65. The company has a market capitalization of $6.19 billion, a P/E ratio of 40.75 and a beta of 1.32. Granite Construction Incorporated has a 52-week low of $87.72 and a 52-week high of $145.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.97 and a current ratio of 1.09.

Granite Construction (NYSE:GVA – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $1.03. The firm had revenue of $912.47 million during the quarter, compared to the consensus estimate of $782.26 million. Granite Construction had a net margin of 3.99% and a return on equity of 24.90%. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.01 earnings per share. As a group, equities analysts expect that Granite Construction Incorporated will post 5.13 EPS for the current year.

Granite Construction Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. Granite Construction’s dividend payout ratio (DPR) is presently 14.99%.

Analyst Ratings Changes

Several brokerages recently commented on GVA. Weiss Ratings downgraded shares of Granite Construction from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research raised shares of Granite Construction to a “hold” rating in a research note on Friday, May 29th. Oppenheimer began coverage on shares of Granite Construction in a research note on Thursday, May 28th. They issued an “outperform” rating and a $170.00 price objective for the company. DA Davidson increased their price objective on shares of Granite Construction from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded shares of Granite Construction from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Granite Construction currently has a consensus rating of “Hold” and an average target price of $149.67.

Check Out Our Latest Analysis on GVA

Insiders Place Their Bets

In other Granite Construction news, CFO Staci M. Woolsey sold 1,523 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $119.84, for a total transaction of $182,516.32. Following the sale, the chief financial officer owned 18,954 shares of the company’s stock, valued at approximately $2,271,447.36. This represents a 7.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kyle T. Larkin sold 26,651 shares of the company’s stock in a transaction on Friday, March 27th. The shares were sold at an average price of $118.12, for a total transaction of $3,148,016.12. Following the sale, the chief executive officer directly owned 114,881 shares in the company, valued at $13,569,743.72. This trade represents a 18.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 35,488 shares of company stock valued at $4,207,042 in the last three months. 0.88% of the stock is owned by insiders.

Granite Construction Company Profile

(Free Report)

Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.

In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.