Orion Group (NYSE:ORN) Director Sells $146,200.00 in Stock
by Renee Jackson · The Cerbat GemOrion Group Holdings, Inc. (NYSE:ORN – Get Free Report) Director Margaret Foran sold 10,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $14.62, for a total value of $146,200.00. Following the transaction, the director owned 127,541 shares in the company, valued at $1,864,649.42. This trade represents a 7.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Orion Group Trading Up 0.0%
Orion Group stock traded up $0.00 during midday trading on Monday, reaching $14.57. 425,657 shares of the stock traded hands, compared to its average volume of 359,358. The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.43. The firm has a market cap of $585.77 million, a PE ratio of 69.39 and a beta of 1.39. The company has a 50-day simple moving average of $11.81 and a two-hundred day simple moving average of $11.14. Orion Group Holdings, Inc. has a 12-month low of $6.44 and a 12-month high of $15.00.
Orion Group (NYSE:ORN – Get Free Report) last issued its earnings results on Tuesday, April 28th. The construction company reported $0.05 earnings per share for the quarter. The business had revenue of $216.30 million for the quarter, compared to analyst estimates of $198.13 million. Orion Group had a return on equity of 4.44% and a net margin of 0.98%.Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. Research analysts expect that Orion Group Holdings, Inc. will post 0.23 earnings per share for the current fiscal year.
Institutional Trading of Orion Group
Several large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new position in Orion Group during the 1st quarter valued at $52,000. Moran Wealth Management LLC purchased a new stake in shares of Orion Group during the first quarter worth $277,000. North Star Investment Management Corp. acquired a new position in Orion Group during the first quarter worth $763,000. Invesco Ltd. boosted its holdings in Orion Group by 1.6% during the fourth quarter. Invesco Ltd. now owns 1,292,193 shares of the construction company’s stock valued at $12,844,000 after acquiring an additional 20,835 shares during the period. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of Orion Group by 105.0% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 21,097 shares of the construction company’s stock worth $210,000 after buying an additional 10,808 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on ORN. DA Davidson boosted their price objective on shares of Orion Group from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. began coverage on Orion Group in a report on Thursday, January 22nd. They set an “overweight” rating and a $16.00 price objective for the company. Roth Mkm began coverage on Orion Group in a report on Tuesday, February 10th. They issued a “buy” rating and a $17.00 target price on the stock. Zacks Research lowered Orion Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 1st. Finally, Wall Street Zen raised Orion Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.25.
Check Out Our Latest Stock Report on ORN
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.