NWPX Infrastructure (NASDAQ:NWPX) Rating Lowered to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded NWPX Infrastructure from “Buy” to “Hold,” following a similar downgrade by Weiss Ratings. The stock now has an overall consensus rating of “Hold” and a $110 target price.
• NWPX’s latest quarterly results exceeded expectations, with revenue of $179.4 million and earnings of $1.86 per share. The company also reported an $435 million Water Transmission Systems backlog and projected 2026 free cash flow of $62 million to $72 million.
• Institutional ownership remains high at 80.63%, including new positions from BlackRock and Legal & General, while insiders sold 58,335 shares worth approximately $6.26 million over the past 90 days.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings cut NWPX Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, October 16th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $110.00.

NWPX Infrastructure Price Performance

Shares of NASDAQ:NWPX opened at $97.81 on Friday. NWPX Infrastructure has a fifty-two week low of $53.15 and a fifty-two week high of $152.03. The business has a 50-day moving average of $103.33 and a two-hundred day moving average of $101.34. The stock has a market capitalization of $942.89 million, a P/E ratio of 17.88, a P/E/G ratio of 1.64 and a beta of 1.08. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.71 and a quick ratio of 1.94.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.21. NWPX Infrastructure had a return on equity of 13.24% and a net margin of 8.87%. The company had revenue of $179.39 million during the quarter, compared to the consensus estimate of $167.74 million. On average, equities research analysts predict that NWPX Infrastructure will post 5.43 EPS for the current fiscal year.

Insiders Place Their Bets

In other NWPX Infrastructure news, Director Richard A. Roman sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $105.72, for a total value of $422,880.00. Following the sale, the director owned 30,340 shares of the company's stock, valued at $3,207,544.80. This trade represents a 11.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael Wray sold 4,500 shares of NWPX Infrastructure stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $110.94, for a total value of $499,230.00. Following the completion of the transaction, the executive vice president directly owned 23,886 shares in the company, valued at approximately $2,649,912.84. This represents a 15.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 58,335 shares of company stock valued at $6,259,631 in the last ninety days. Company insiders own 3.30% of the company's stock.

Institutional Investors Weigh In On NWPX Infrastructure

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in NWPX Infrastructure in the 2nd quarter valued at $135,365,000. Legal & General Group Plc bought a new position in shares of NWPX Infrastructure during the 2nd quarter worth about $42,751,000. Heartland Advisors Inc. acquired a new stake in shares of NWPX Infrastructure during the 2nd quarter valued at about $20,992,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of NWPX Infrastructure during the 2nd quarter valued at about $16,659,000. Finally, Lazard Asset Management LLC increased its stake in NWPX Infrastructure by 21.3% in the first quarter. Lazard Asset Management LLC now owns 84,574 shares of the industrial products company's stock valued at $6,585,000 after acquiring an additional 14,870 shares during the period. Institutional investors and hedge funds own 80.63% of the company's stock.

Key NWPX Infrastructure News

Here are the key news stories impacting NWPX Infrastructure this week:

• Positive Sentiment: Quarterly results exceeded expectations. NWPX reported record third-quarter net sales of approximately $179.4 million, up 18.7% year over year and above the $167.7 million consensus estimate. Earnings of $1.86 per share surpassed expectations of $1.65 and increased from $1.38 a year earlier. NWPX Infrastructure Q3 Net Sales Rise 18.7% to Record $179.4 Million
• Positive Sentiment: Cash flow and backlog support future growth. Management expects 2026 free cash flow of $62 million to $72 million, while the company’s Water Transmission Systems backlog reached $435 million. The backlog provides visibility into future demand and may support revenue growth. NWPX Anticipates 2026 Free Cash Flow and Backlog Update
• Positive Sentiment: Profitability remained solid. NWPX posted an 8.87% net margin and 13.24% return on equity, while its quarterly earnings beat reinforces the company’s recent operating momentum. NWPX Q3 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Market reaction has been muted. The shares remain below their 50-day moving average of $103.57 and well below the 52-week high of $152.03, suggesting investors may want additional evidence that the strong results and backlog will translate into sustained growth before bidding the stock higher. NWPX Infrastructure Q3 2026 Earnings Call Transcript

NWPX Infrastructure Company Profile

NWPX Infrastructure NASDAQ: NWPX, formerly known as Northwest Pipe Company, is an infrastructure manufacturer focused on products used to transport, store and manage water. The company supplies engineered steel pressure pipe and related systems for municipal water transmission, water treatment, wastewater and other utility applications.

Its product offerings also include precast concrete structures and components used in stormwater management, sanitary sewer systems and other civil infrastructure projects.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.