13,969 Shares in Argan, Inc. $AGX Acquired by Moody Aldrich Partners LLC

01 Jan 2026, 13:06 by Kim Johansen · The Markets Daily

Moody Aldrich Partners LLC purchased a new stake in Argan, Inc. (NYSE:AGX – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,969 shares of the construction company’s stock, valued at approximately $3,772,000. Moody Aldrich Partners LLC owned 0.10% of Argan at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank raised its position in shares of Argan by 203.3% in the first quarter. Comerica Bank now owns 2,584 shares of the construction company’s stock valued at $339,000 after purchasing an additional 1,732 shares during the period. State of Wyoming bought a new stake in shares of Argan during the first quarter worth approximately $109,000. Millennium Management LLC grew its position in shares of Argan by 12.2% in the first quarter. Millennium Management LLC now owns 117,805 shares of the construction company’s stock valued at $15,452,000 after purchasing an additional 12,854 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Argan by 118.3% during the first quarter. NewEdge Advisors LLC now owns 5,316 shares of the construction company’s stock worth $697,000 after purchasing an additional 2,881 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Argan during the 1st quarter worth approximately $875,000. 79.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Cynthia Flanders sold 15,000 shares of Argan stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $271.96, for a total transaction of $4,079,400.00. Following the transaction, the director owned 16,428 shares of the company’s stock, valued at $4,467,758.88. The trade was a 47.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Charles Edwin Iv Collins sold 10,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $309.37, for a total value of $3,093,700.00. Following the transaction, the chief executive officer owned 21,006 shares in the company, valued at approximately $6,498,626.22. This trade represents a 32.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 49,693 shares of company stock valued at $14,367,409. 6.69% of the stock is currently owned by company insiders.

Argan Stock Down 0.7%

Shares of AGX opened at $313.21 on Thursday. The business’s fifty day moving average is $331.20 and its 200 day moving average is $269.06. Argan, Inc. has a 12-month low of $101.02 and a 12-month high of $399.30. The stock has a market cap of $4.34 billion, a P/E ratio of 36.89 and a beta of 0.60.

Argan (NYSE:AGX – Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The construction company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.35. The firm had revenue of $251.15 million for the quarter, compared to analyst estimates of $251.50 million. Argan had a net margin of 13.11% and a return on equity of 31.38%. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the firm earned $2.00 earnings per share.

Argan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 22nd will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 22nd. Argan’s payout ratio is currently 23.56%.

Wall Street Analyst Weigh In

AGX has been the topic of several research reports. JPMorgan Chase & Co. restated a “neutral” rating and issued a $370.00 price target (up from $315.00) on shares of Argan in a research note on Monday, December 1st. Glj Research upgraded shares of Argan from a “hold” rating to a “buy” rating and boosted their price objective for the company from $251.00 to $369.00 in a research report on Monday, November 10th. Wall Street Zen raised Argan from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Zacks Research raised shares of Argan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Argan in a report on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Argan has a consensus rating of “Moderate Buy” and an average target price of $355.20.

Check Out Our Latest Analysis on AGX

About Argan

(Free Report)

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.