Brokerages Set Orion Group Holdings, Inc. (NYSE:ORN) PT at $16.25

Orion Group Holdings, Inc. (NYSE:ORN) has earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $16.25.

Several research analysts have issued reports on the company. Weiss Ratings raised Orion Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. Wall Street Zen upgraded Orion Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Zacks Research lowered Orion Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. B. Riley Financial raised their price target on Orion Group from $15.50 to $17.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Roth Mkm began coverage on Orion Group in a report on Tuesday, February 10th. They set a “buy” rating and a $17.00 price objective for the company.

Insider Buying and Selling

In related news, Director Quentin P. Jr. Smith sold 10,695 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $12.25, for a total transaction of $131,013.75. Following the completion of the sale, the director directly owned 90,659 shares of the company’s stock, valued at $1,110,572.75. The trade was a 10.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Austin J. Shanfelter sold 90,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $12.17, for a total transaction of $1,095,300.00. Following the completion of the transaction, the director directly owned 329,215 shares in the company, valued at approximately $4,006,546.55. The trade was a 21.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On Orion Group

Institutional investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC bought a new stake in Orion Group in the fourth quarter valued at approximately $2,977,000. CenterBook Partners LP grew its holdings in shares of Orion Group by 27.0% in the 3rd quarter. CenterBook Partners LP now owns 541,511 shares of the construction company’s stock valued at $4,505,000 after buying an additional 114,986 shares during the period. Ardsley Advisory Partners LP increased its position in shares of Orion Group by 6.7% in the 4th quarter. Ardsley Advisory Partners LP now owns 400,000 shares of the construction company’s stock valued at $3,976,000 after buying an additional 25,000 shares in the last quarter. 9823 Capital L.P. acquired a new stake in Orion Group during the 4th quarter worth $177,000. Finally, Brandes Investment Partners LP lifted its holdings in Orion Group by 1.1% during the fourth quarter. Brandes Investment Partners LP now owns 5,010,193 shares of the construction company’s stock worth $49,801,000 after acquiring an additional 56,663 shares in the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Orion Group Stock Performance

Shares of NYSE:ORN opened at $12.54 on Tuesday. The business has a fifty day moving average of $11.93 and a 200-day moving average of $10.97. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.35 and a current ratio of 1.36. Orion Group has a twelve month low of $5.88 and a twelve month high of $15.00. The firm has a market cap of $504.07 million, a PE ratio of 250.78 and a beta of 1.25.

Orion Group (NYSE:ORN) last issued its quarterly earnings results on Wednesday, March 4th. The construction company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. Orion Group had a net margin of 0.29% and a return on equity of 4.14%. The business had revenue of $233.22 million for the quarter, compared to the consensus estimate of $222.42 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. On average, equities research analysts predict that Orion Group will post 0.23 EPS for the current fiscal year.

About Orion Group

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.