Cadent Capital Advisors LLC Purchases Shares of 5,275 Argan, Inc. $AGX

Cadent Capital Advisors LLC purchased a new position in Argan, Inc. (NYSE:AGX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,275 shares of the construction company’s stock, valued at approximately $1,653,000.

Other institutional investors have also recently made changes to their positions in the company. National Bank of Canada FI raised its stake in Argan by 26.7% during the 3rd quarter. National Bank of Canada FI now owns 147 shares of the construction company’s stock worth $40,000 after acquiring an additional 31 shares during the period. Ring Mountain Capital LLC lifted its holdings in Argan by 1.3% during the third quarter. Ring Mountain Capital LLC now owns 2,735 shares of the construction company’s stock valued at $739,000 after purchasing an additional 35 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Argan by 33.6% in the fourth quarter. GAMMA Investing LLC now owns 151 shares of the construction company’s stock worth $47,000 after purchasing an additional 38 shares during the period. Federated Hermes Inc. boosted its position in shares of Argan by 22.0% in the third quarter. Federated Hermes Inc. now owns 255 shares of the construction company’s stock worth $69,000 after purchasing an additional 46 shares during the period. Finally, Strategic Advocates LLC increased its stake in shares of Argan by 4.8% in the third quarter. Strategic Advocates LLC now owns 1,350 shares of the construction company’s stock worth $365,000 after purchasing an additional 62 shares in the last quarter. Institutional investors own 79.43% of the company’s stock.

Argan Stock Performance

AGX stock opened at $412.25 on Friday. Argan, Inc. has a one year low of $111.16 and a one year high of $492.70. The company’s fifty day moving average price is $416.24 and its 200-day moving average price is $344.43. The company has a market capitalization of $5.72 billion, a PE ratio of 48.56 and a beta of 0.57.

Argan (NYSE:AGX) last posted its earnings results on Thursday, March 26th. The construction company reported $3.47 earnings per share for the quarter, beating the consensus estimate of $1.99 by $1.48. The company had revenue of $262.05 million during the quarter, compared to analysts’ expectations of $255.32 million. Argan had a net margin of 13.11% and a return on equity of 31.38%. Argan’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the company posted $2.22 earnings per share.

Insider Activity at Argan

In related news, Director Cynthia Flanders sold 19,000 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $386.70, for a total value of $7,347,300.00. Following the sale, the director directly owned 26,207 shares in the company, valued at approximately $10,134,246.90. The trade was a 42.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter W. Getsinger sold 6,595 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $313.71, for a total value of $2,068,917.45. Following the transaction, the director directly owned 7,847 shares of the company’s stock, valued at approximately $2,461,682.37. The trade was a 45.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 54,715 shares of company stock worth $19,787,260 over the last 90 days. Company insiders own 6.69% of the company’s stock.

More Argan News

Here are the key news stories impacting Argan this week:

• Positive Sentiment: Q4 beat on both EPS and revenue — Argan reported $3.47 EPS vs. consensus ~$1.99 and revenue of $262.05M vs. ~$255M, reflecting year-over-year revenue growth and a meaningful upside to estimates. Argan (AGX) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Profitability and returns look strong — the company reported a net margin of ~13.1% and ROE of ~31.4%, with revenue up ~12.7% YoY, supporting the quality of the beat and cash-generation profile. Argan Earnings / Press Release and Materials
• Positive Sentiment: Immediate market reaction was positive — shares jumped intraday after results were released, reflecting investor recognition of the upside. Argan soars 9% after beating bottom-line estimates in Q4
• Neutral Sentiment: Management hosted an investor call and provided a slide deck; the full earnings call transcript is available for details on backlog, contract timing and guidance. Investors should review this for forward-looking color. Argan, Inc. (AGX) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts had adjusted estimates ahead of the report; several of the most active analysts revised forecasts going into the release, which may have amplified the reaction to the beat. Argan Earnings Are Imminent; Analysts Revise Forecasts
• Negative Sentiment: Share price later pulled back despite the beat — the stock retraced after the initial spike, suggesting profit-taking and/or valuation concerns among investors. (See intraday trading and broader price action.)
• Negative Sentiment: Valuation and expectations are elevated — the shares trade at a high multiple and near recent highs, so future upside now depends on continued contract awards, execution and any guidance for FY27 rather than just one strong quarter.

Wall Street Analyst Weigh In

AGX has been the topic of several recent analyst reports. Zacks Research downgraded shares of Argan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Weiss Ratings reiterated a “buy (b+)” rating on shares of Argan in a research note on Wednesday, December 24th. Freedom Capital raised Argan to a “hold” rating in a report on Tuesday, March 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $370.00 price objective (up from $315.00) on shares of Argan in a research report on Monday, December 1st. Finally, Lake Street Capital lowered Argan from a “buy” rating to a “hold” rating and upped their price objective for the stock from $260.00 to $325.00 in a research note on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $355.20.

Argan Profile

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.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.