Whalen Wealth Management Inc. Takes Position in Granite Construction Incorporated $GVA

04 Apr 2026, 12:13 by Mitch Edgeman · The Markets Daily

Whalen Wealth Management Inc. acquired a new stake in shares of Granite Construction Incorporated (NYSE:GVA – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 5,397 shares of the construction company’s stock, valued at approximately $623,000.

Other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Granite Construction in the 3rd quarter worth about $26,000. Salomon & Ludwin LLC purchased a new stake in shares of Granite Construction during the 3rd quarter valued at about $42,000. Spire Wealth Management bought a new stake in shares of Granite Construction in the fourth quarter worth approximately $46,000. Federated Hermes Inc. grew its stake in shares of Granite Construction by 94.6% in the third quarter. Federated Hermes Inc. now owns 436 shares of the construction company’s stock worth $48,000 after acquiring an additional 212 shares during the period. Finally, Quarry LP raised its holdings in shares of Granite Construction by 1,417.6% during the third quarter. Quarry LP now owns 516 shares of the construction company’s stock valued at $57,000 after purchasing an additional 482 shares during the last quarter.

Insider Buying and Selling at Granite Construction

In related news, CFO Staci M. Woolsey sold 1,523 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $119.84, for a total value of $182,516.32. Following the transaction, the chief financial officer directly owned 18,954 shares of the company’s stock, valued at approximately $2,271,447.36. This trade represents a 7.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kyle T. Larkin sold 26,651 shares of Granite Construction stock in a transaction on Friday, March 27th. The shares were sold at an average price of $118.12, for a total value of $3,148,016.12. Following the transaction, the chief executive officer owned 114,881 shares in the company, valued at $13,569,743.72. This trade represents a 18.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,488 shares of company stock valued at $4,207,042 over the last 90 days. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GVA. Weiss Ratings restated a “buy (b)” rating on shares of Granite Construction in a research report on Monday, December 29th. The Goldman Sachs Group lifted their target price on shares of Granite Construction from $109.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Wall Street Zen upgraded shares of Granite Construction from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. DA Davidson increased their price target on Granite Construction from $130.00 to $155.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Zacks Research upgraded Granite Construction from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $139.50.

Check Out Our Latest Stock Report on GVA

Granite Construction Price Performance

Shares of NYSE:GVA opened at $121.55 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $5.29 billion, a PE ratio of 33.21 and a beta of 1.30. The firm’s 50 day moving average price is $125.96 and its 200-day moving average price is $115.65. Granite Construction Incorporated has a twelve month low of $69.08 and a twelve month high of $137.24.

Granite Construction (NYSE:GVA – Get Free Report) last announced its earnings results on Thursday, February 12th. The construction company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.06. Granite Construction had a net margin of 4.36% and a return on equity of 24.10%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business posted $1.23 earnings per share. The firm’s quarterly revenue was up 19.2% compared to the same quarter last year. Equities research analysts expect that Granite Construction Incorporated will post 5.49 EPS for the current year.

Granite Construction Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, March 31st. Granite Construction’s dividend payout ratio is 14.21%.

Granite Construction Company Profile

(Free Report)

Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.

In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.

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