Montgomery Investment Management Inc. Makes New $653,000 Investment in IES Holdings, Inc. $IESC

Posted by Stanley Muller on Jun 28th, 2026

Montgomery Investment Management Inc. acquired a new stake in shares of IES Holdings, Inc. (NASDAQ:IESC – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,370 shares of the technology company’s stock, valued at approximately $653,000.

Other hedge funds also recently made changes to their positions in the company. AltraVue Capital LLC boosted its holdings in IES by 2.1% during the third quarter. AltraVue Capital LLC now owns 166,267 shares of the technology company’s stock worth $66,116,000 after buying an additional 3,370 shares in the last quarter. Dakota Wealth Management bought a new position in shares of IES in the fourth quarter valued at $1,018,000. First Trust Advisors LP lifted its position in shares of IES by 982.7% during the 3rd quarter. First Trust Advisors LP now owns 323,893 shares of the technology company’s stock valued at $128,796,000 after acquiring an additional 293,977 shares during the last quarter. Pertento Partners LLP lifted its position in shares of IES by 12.9% during the 3rd quarter. Pertento Partners LLP now owns 178,768 shares of the technology company’s stock valued at $71,087,000 after acquiring an additional 20,390 shares during the last quarter. Finally, Arete Wealth Advisors LLC boosted its stake in shares of IES by 260.1% during the 3rd quarter. Arete Wealth Advisors LLC now owns 5,254 shares of the technology company’s stock worth $2,089,000 after acquiring an additional 3,795 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wall Street Zen cut IES from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Freedom Capital downgraded IES from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of IES in a research report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $458.00.

View Our Latest Stock Analysis on IESC

Insider Transactions at IES

In related news, Director Todd M. Cleveland sold 5,000 shares of the 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 completion of the sale, the director directly owned 60,874 shares of the company’s stock, valued at approximately $46,379,291.86. This represents a 7.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Tracy Mclauchlin sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $662.61, for a total value of $1,987,830.00. Following the sale, the chief financial officer owned 62,525 shares of the company’s stock, valued at $41,429,690.25. The trade was a 4.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 208,102 shares of company stock valued at $146,518,202 over the last quarter. Company insiders own 56.43% of the company’s stock.

IES Stock Performance

Shares of NASDAQ:IESC opened at $714.90 on Friday. The company has a market cap of $14.24 billion, a PE ratio of 38.13 and a beta of 1.78. IES Holdings, Inc. has a 52 week low of $281.35 and a 52 week high of $804.00. The firm has a 50 day simple moving average of $670.67 and a 200 day simple moving average of $532.36.

IES (NASDAQ:IESC – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The technology company reported $4.16 earnings per share for the quarter, topping the consensus estimate of $3.95 by $0.21. IES had a net margin of 10.40% and a return on equity of 33.97%. The firm had revenue of $974.20 million for the quarter, compared to analysts’ expectations of $1.01 billion.

IES Profile

(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.