Orion Group Holdings, Inc. (NYSE:ORN - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $15.50 and last traded at $15.4370, with a volume of 129280 shares traded. The stock had previously closed at $14.62.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on ORN shares. Weiss Ratings raised shares of Orion Group from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, April 20th. Roth Mkm initiated coverage on shares of Orion Group in a research report on Tuesday, February 10th. They issued a "buy" rating and a $17.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on Orion Group in a research report on Thursday, January 22nd. They set an "overweight" rating and a $16.00 target price on the stock. DA Davidson increased their price target on Orion Group from $13.00 to $15.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Finally, Wall Street Zen upgraded Orion Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $16.25.
Check Out Our Latest Analysis on ORN
Orion Group Stock Up 7.6%
The firm has a market cap of $636.95 million, a P/E ratio of 74.95 and a beta of 1.39. The firm's 50-day moving average price is $11.81 and its 200 day moving average price is $11.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.40.
Orion Group (NYSE:ORN - Get Free Report) last issued its earnings results on Tuesday, April 28th. The construction company reported $0.05 EPS for the quarter. Orion Group had a return on equity of 4.44% and a net margin of 0.98%.The company had revenue of $216.30 million during the quarter, compared to analyst estimates of $198.13 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. On average, equities research analysts expect that Orion Group Holdings, Inc. will post 0.23 earnings per share for the current fiscal year.
Insider Buying and Selling at Orion Group
In other Orion Group news, Director Margaret M. Foran sold 20,000 shares of Orion Group stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $14.62, for a total value of $292,400.00. Following the completion of the transaction, the director directly owned 137,541 shares in the company, valued at $2,010,849.42. The trade was a 12.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Quentin P. Jr. Smith sold 10,695 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was 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 in the company, valued at $1,110,572.75. The trade was a 10.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 130,695 shares of company stock worth $1,664,914 over the last ninety days. Company insiders own 5.70% of the company's stock.
Institutional Trading of Orion Group
A number of large investors have recently modified their holdings of the company. AQR Capital Management LLC boosted its stake in Orion Group by 64.2% during the 1st quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company's stock valued at $2,513,000 after purchasing an additional 187,819 shares during the period. NewEdge Advisors LLC boosted its position in shares of Orion Group by 55.7% during the first quarter. NewEdge Advisors LLC now owns 25,001 shares of the construction company's stock worth $131,000 after buying an additional 8,945 shares during the period. Empowered Funds LLC boosted its position in shares of Orion Group by 1.9% during the first quarter. Empowered Funds LLC now owns 119,720 shares of the construction company's stock worth $626,000 after buying an additional 2,220 shares during the period. Strs Ohio bought a new position in Orion Group in the 1st quarter worth approximately $175,000. Finally, Creative Planning acquired a new stake in Orion Group in the 2nd quarter valued at approximately $202,000. Institutional investors and hedge funds own 70.25% of the company's stock.
About Orion Group
(
Get Free Report)
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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