Steamboat Capital Partners LLC Has $2.38 Million Holdings in IES Holdings, Inc. (NASDAQ:IESC)

Steamboat Capital Partners LLC lifted its holdings in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 142.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,833 shares of the technology company's stock after purchasing an additional 6,943 shares during the quarter. Steamboat Capital Partners LLC owned 0.06% of IES worth $2,378,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IESC. Barclays PLC boosted its stake in IES by 411.1% in the 3rd quarter. Barclays PLC now owns 15,176 shares of the technology company's stock worth $3,029,000 after purchasing an additional 12,207 shares during the period. KBC Group NV lifted its holdings in shares of IES by 52.5% in the fourth quarter. KBC Group NV now owns 401 shares of the technology company's stock valued at $81,000 after purchasing an additional 138 shares in the last quarter. Highland Capital Management LLC bought a new stake in shares of IES in the fourth quarter valued at about $212,000. Peterson Wealth Services boosted its position in shares of IES by 1.2% during the fourth quarter. Peterson Wealth Services now owns 8,110 shares of the technology company's stock worth $1,630,000 after buying an additional 100 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of IES by 1,856.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,070 shares of the technology company's stock worth $818,000 after buying an additional 3,862 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

IES Stock Up 1.2%

Shares of IESC stock traded up $2.90 during trading on Friday, reaching $244.77. The company's stock had a trading volume of 24,894 shares, compared to its average volume of 175,092. IES Holdings, Inc. has a one year low of $124.55 and a one year high of $320.09. The business has a fifty day moving average price of $202.91 and a 200-day moving average price of $222.41. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 22.79 and a beta of 1.57.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut IES from a "buy" rating to a "hold" rating in a research note on Friday, March 14th.

IES Profile

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.