Orion Group (NYSE:ORN) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Orion Group Holdings, Inc. (NYSE:ORN) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.37 and traded as high as $10.42. Orion Group shares last traded at $10.23, with a volume of 414,836 shares traded.

Analyst Ratings Changes

Several analysts recently commented on ORN shares. B. Riley Financial boosted their price target on Orion Group from $15.50 to $17.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. assumed coverage on Orion Group in a research note on Thursday, January 22nd. They set an “overweight” rating and a $16.00 price objective for the company. Zacks Research raised Orion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Orion Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Orion Group in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $16.25.

Orion Group Stock Up 1.0%

The firm has a market capitalization of $410.02 million, a price-to-earnings ratio of 204.60 and a beta of 1.15. The company has a current ratio of 1.36, a quick ratio of 1.35 and a debt-to-equity ratio of 0.08. The firm has a fifty day moving average price of $12.34 and a 200 day moving average price of $10.37.

Orion Group (NYSE:ORN) last released its quarterly earnings results on Wednesday, March 4th. The construction company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. The firm had revenue of $233.22 million during the quarter, compared to analysts’ expectations of $222.42 million. Orion Group had a return on equity of 4.14% and a net margin of 0.29%.Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. Sell-side analysts anticipate that Orion Group Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Insider Activity at Orion Group

In related news, Director Quentin P. Jr. Smith sold 10,695 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $12.25, for a total value of $131,013.75. Following the completion of the transaction, the director owned 90,659 shares of the company’s stock, valued at approximately $1,110,572.75. This trade represents a 10.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Austin J. Shanfelter sold 90,000 shares of Orion Group stock in a transaction 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 sale, the director owned 329,215 shares in the company, valued at $4,006,546.55. The trade was a 21.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ORN. AQR Capital Management LLC raised its stake in Orion Group by 64.2% in the first quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company’s stock valued at $2,513,000 after buying an additional 187,819 shares during the period. NewEdge Advisors LLC lifted its position in shares of Orion Group by 55.7% during the 1st quarter. NewEdge Advisors LLC now owns 25,001 shares of the construction company’s stock valued at $131,000 after acquiring an additional 8,945 shares during the period. Empowered Funds LLC lifted its position in Orion Group by 1.9% during the first quarter. Empowered Funds LLC now owns 119,720 shares of the construction company’s stock worth $626,000 after purchasing an additional 2,220 shares during the period. Strs Ohio acquired a new stake in shares of Orion Group in the 1st quarter valued at $175,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Orion Group by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 47,172 shares of the construction company’s stock valued at $428,000 after acquiring an additional 2,853 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

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.