Granite Investment Partners LLC Boosts Stake in Limbach Holdings, Inc. $LMB

Posted by Brenda Bartman on Jul 9th, 2026

Granite Investment Partners LLC lifted its position in Limbach Holdings, Inc. (NASDAQ:LMB – Free Report) by 20.3% in the first quarter, Holdings Channel reports. The firm owned 110,269 shares of the construction company’s stock after acquiring an additional 18,572 shares during the period. Granite Investment Partners LLC’s holdings in Limbach were worth $8,606,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of Limbach by 2,041.6% during the second quarter. Invesco Ltd. now owns 400,603 shares of the construction company’s stock worth $56,124,000 after acquiring an additional 381,897 shares during the last quarter. Wasatch Advisors LP raised its position in Limbach by 37.8% in the 4th quarter. Wasatch Advisors LP now owns 997,394 shares of the construction company’s stock valued at $77,647,000 after purchasing an additional 273,818 shares during the last quarter. Neumeier Poma Investment Counsel LLC raised its position in Limbach by 151.5% in the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 318,238 shares of the construction company’s stock valued at $24,775,000 after purchasing an additional 191,685 shares during the last quarter. Royce & Associates LP boosted its stake in Limbach by 83.7% during the 4th quarter. Royce & Associates LP now owns 335,663 shares of the construction company’s stock worth $26,131,000 after purchasing an additional 152,956 shares during the period. Finally, First Trust Advisors LP boosted its stake in Limbach by 36.0% during the 4th quarter. First Trust Advisors LP now owns 442,173 shares of the construction company’s stock worth $34,423,000 after purchasing an additional 117,035 shares during the period. Hedge funds and other institutional investors own 55.85% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Jayme L. Brooks sold 5,703 shares of Limbach stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $85.43, for a total value of $487,207.29. Following the sale, the chief financial officer owned 130,840 shares of the company’s stock, valued at $11,177,661.20. The trade was a 4.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jay Sharp sold 4,871 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $79.82, for a total transaction of $388,803.22. Following the transaction, the executive vice president owned 73,456 shares in the company, valued at approximately $5,863,257.92. This trade represents a 6.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 16,187 shares of company stock valued at $1,437,419. 7.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on LMB. JPMorgan Chase & Co. lowered their price objective on shares of Limbach from $100.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Weiss Ratings cut shares of Limbach from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, Wall Street Zen downgraded shares of Limbach from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $97.00.

Get Our Latest Stock Report on LMB

Limbach Trading Down 1.2%

NASDAQ:LMB opened at $77.16 on Thursday. Limbach Holdings, Inc. has a 12-month low of $65.08 and a 12-month high of $151.51. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $79.50 and its 200-day simple moving average is $82.75. The firm has a market cap of $919.75 million, a P/E ratio of 28.06 and a beta of 1.43.

Limbach (NASDAQ:LMB – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.43. Limbach had a return on equity of 26.17% and a net margin of 5.09%.The firm had revenue of $138.86 million during the quarter, compared to the consensus estimate of $134.23 million. During the same period last year, the company earned $1.12 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. Equities analysts anticipate that Limbach Holdings, Inc. will post 4.98 EPS for the current year.

Limbach Profile

(Free Report)

Limbach Holdings, Inc (NASDAQ: LMB) is a U.S.-based mechanical construction firm specializing in the design, installation and maintenance of heating, ventilation and air conditioning (HVAC) systems, piping, plumbing and sheet metal fabrication. The company delivers comprehensive mechanical solutions to commercial, institutional, health care, education, government and industrial clients, drawing on its in-house engineering, prefabrication and construction management capabilities.

The company’s service offerings encompass full-scope mechanical construction, including energy system design, direct digital controls and building automation, retrofits, testing and balancing, preventive maintenance programs and emergency response services.