Orion Group (NYSE:ORN) Lowered to Hold Rating by Zacks Research

Key Points

• Zacks Research downgraded Orion Group (NYSE:ORN) from a strong-buy to a hold.
• Analyst opinions remain mixed but generally positive — four Buy, one Hold, one Sell — giving an average rating of Moderate Buy and an average target price of $16.25 (JPMorgan $16, B. Riley $17).
• Orion beat Q results (EPS $0.08 vs. $0.05 consensus; revenue $233.2M vs. $222.4M) and issued FY2026 guidance of 0.360–0.420 EPS, although two directors recently sold substantial shares, leaving insiders with about 5.9% ownership.

Orion Group (NYSE:ORN - Get Free Report) was downgraded by research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report released on Wednesday,Zacks.com reports.

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. started coverage on shares of Orion Group in a report on Thursday, January 22nd. They issued an "overweight" rating and a $16.00 target price for the company. Wall Street Zen upgraded Orion Group from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. DA Davidson raised their price target on Orion Group from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Weiss Ratings cut Orion Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, March 19th. Finally, B. Riley Financial boosted their price objective on Orion Group from $15.50 to $17.00 and gave the company a "buy" rating in a report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $16.25.

Orion Group Trading Up 2.5%

NYSE ORN opened at $11.52 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.35. The stock has a market capitalization of $461.56 million, a P/E ratio of 230.32 and a beta of 1.25. The firm's 50-day moving average is $12.34 and its two-hundred day moving average is $10.61. Orion Group has a 12 month low of $4.64 and a 12 month high of $15.00.

Orion Group (NYSE:ORN - Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The construction company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.03. The business had revenue of $233.22 million during the quarter, compared to analysts' expectations of $222.42 million. Orion Group had a net margin of 0.29% and a return on equity of 4.14%. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. On average, sell-side analysts anticipate that Orion Group will post 0.06 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Quentin P. Jr. Smith sold 10,695 shares of the firm's stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $12.25, for a total value of $131,013.75. Following the sale, the director owned 90,659 shares of the company's stock, valued at $1,110,572.75. This trade represents a 10.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Austin J. Shanfelter sold 90,000 shares of Orion Group stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $12.17, for a total transaction of $1,095,300.00. Following the completion of the transaction, the director owned 329,215 shares of the company's stock, valued at $4,006,546.55. This represents a 21.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Orion Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Quarry LP purchased a new position in Orion Group in the third quarter valued at $33,000. Comerica Bank boosted its position in shares of Orion Group by 219.7% during the 3rd quarter. Comerica Bank now owns 5,183 shares of the construction company's stock worth $43,000 after acquiring an additional 3,562 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in shares of Orion Group in the 3rd quarter valued at about $86,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Orion Group in the 3rd quarter valued at about $87,000. Finally, Millennium Management LLC acquired a new stake in shares of Orion Group during the 3rd quarter worth about $91,000. Institutional investors and hedge funds own 70.25% of the company's stock.

Orion Group Company Profile

Orion Group NYSE: ORN is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.

Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.

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