Orion Group Holdings, Inc. (NYSE:ORN - Get Free Report) Director Margaret Foran sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $14.62, for a total transaction of $146,200.00. Following the transaction, the director directly owned 127,541 shares of the company's stock, valued at $1,864,649.42. This represents a 7.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Orion Group Price Performance
Shares of ORN opened at $14.57 on Tuesday. The stock has a market capitalization of $589.83 million, a P/E ratio of 69.39 and a beta of 1.39. Orion Group Holdings, Inc. has a twelve month low of $6.44 and a twelve month high of $15.00. The company has a 50 day moving average of $11.81 and a 200-day moving average of $11.14. The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.
Orion Group (NYSE:ORN - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The construction company reported $0.05 earnings per share for the quarter. Orion Group had a net margin of 0.98% and a return on equity of 4.44%. The company had revenue of $216.30 million during the quarter, compared to analysts' expectations of $198.13 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. As a group, equities research analysts forecast that Orion Group Holdings, Inc. will post 0.23 EPS for the current fiscal year.
Institutional Investors Weigh In On Orion Group
Hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC acquired a new stake in Orion Group during the 4th quarter valued at $2,977,000. CenterBook Partners LP lifted its holdings in Orion Group by 27.0% during the 3rd quarter. CenterBook Partners LP now owns 541,511 shares of the construction company's stock valued at $4,505,000 after purchasing an additional 114,986 shares during the last quarter. FourThought Financial Partners LLC acquired a new stake in Orion Group during the 3rd quarter valued at $336,000. Royce & Associates LP lifted its holdings in Orion Group by 2.1% during the 3rd quarter. Royce & Associates LP now owns 1,704,174 shares of the construction company's stock valued at $14,179,000 after purchasing an additional 35,800 shares during the last quarter. Finally, Legato Capital Management LLC lifted its holdings in Orion Group by 62.0% during the 4th quarter. Legato Capital Management LLC now owns 145,050 shares of the construction company's stock valued at $1,442,000 after purchasing an additional 55,521 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company's stock.
Wall Street Analyst Weigh In
ORN has been the subject of several analyst reports. DA Davidson raised their target price on shares of Orion Group from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. B. Riley Financial raised their target price on shares of Orion Group from $15.50 to $17.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Zacks Research cut shares of Orion Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 1st. Wall Street Zen raised shares of Orion Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Weiss Ratings raised shares of Orion Group from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, April 20th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $16.25.
View Our Latest Stock Analysis on Orion Group
Orion Group Company Profile
(
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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