UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $4.29 Million Holdings in IES Holdings, Inc. (NASDAQ:IESC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 9.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,352 shares of the technology company's stock after buying an additional 1,891 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.11% of IES worth $4,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in IESC. Barclays PLC lifted its holdings in shares of IES by 411.1% during the 3rd quarter. Barclays PLC now owns 15,176 shares of the technology company's stock valued at $3,029,000 after buying an additional 12,207 shares during the last quarter. KBC Group NV lifted its holdings in shares of IES by 52.5% during the 4th quarter. KBC Group NV now owns 401 shares of the technology company's stock valued at $81,000 after buying an additional 138 shares during the last quarter. Peterson Wealth Services lifted its holdings in shares of IES by 1.2% during the 4th quarter. Peterson Wealth Services now owns 8,110 shares of the technology company's stock valued at $1,630,000 after buying an additional 100 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of IES by 1,856.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,070 shares of the technology company's stock valued at $818,000 after buying an additional 3,862 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of IES by 1.4% during the 4th quarter. Rhumbline Advisers now owns 12,297 shares of the technology company's stock valued at $2,471,000 after buying an additional 171 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at IES

In related news, CEO Jeffrey L. Et Al Gendell sold 6,722 shares of the firm's stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $275.00, for a total value of $1,848,550.00. Following the transaction, the chief executive officer now directly owns 10,923,318 shares of the company's stock, valued at approximately $3,003,912,450. This trade represents a 0.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 56.76% of the stock is owned by company insiders.

Analyst Ratings Changes

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

IES Price Performance

Shares of IESC stock traded up $9.18 during trading on Friday, reaching $279.98. The company had a trading volume of 104,308 shares, compared to its average volume of 175,513. The firm's 50 day simple moving average is $221.03 and its two-hundred day simple moving average is $221.66. IES Holdings, Inc. has a one year low of $124.55 and a one year high of $320.09. The company has a market capitalization of $5.56 billion, a PE ratio of 26.07 and a beta of 1.62.

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

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.