Axa S.A. Purchases Shares of 11,582 IES Holdings, Inc. (NASDAQ:IESC)

AXA S.A. bought a new stake in IES Holdings, Inc. (NASDAQ:IESC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,582 shares of the technology company's stock, valued at approximately $2,328,000. AXA S.A. owned 0.06% of IES at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IESC. J.Safra Asset Management Corp grew its stake in shares of IES by 56.8% in the fourth quarter. J.Safra Asset Management Corp now owns 138 shares of the technology company's stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Smithfield Trust Co acquired a new stake in IES in the fourth quarter worth about $34,000. National Bank of Canada FI bought a new position in IES in the 4th quarter valued at about $54,000. Harbour Investments Inc. acquired a new position in IES during the 4th quarter valued at about $71,000. Finally, Jones Financial Companies Lllp bought a new stake in shares of IES during the 4th quarter worth about $74,000. Institutional investors own 86.60% of the company's stock.

IES Stock Up 5.7%

NASDAQ IESC traded up $14.12 on Monday, reaching $259.76. 185,635 shares of the stock traded hands, compared to its average volume of 177,651. IES Holdings, Inc. has a 12 month low of $124.55 and a 12 month high of $320.09. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 24.19 and a beta of 1.57. The firm's fifty day simple moving average is $187.67 and its 200 day simple moving average is $220.02.

IES (NASDAQ:IESC - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The technology company reported $3.30 earnings per share for the quarter. The business had revenue of $834.00 million during the quarter. IES had a return on equity of 35.81% and a net margin of 7.30%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of IES from a "buy" rating to a "hold" rating in a report on Friday, March 14th.

About IES

IES Holdings, Inc engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities.