Orion Group Holdings, Inc. (NYSE:ORN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Orion Group Holdings, Inc. (NYSE:ORN) has received an average rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $16.25.

ORN has been the topic of several analyst reports. Roth Mkm initiated coverage on shares of Orion Group in a report on Tuesday, February 10th. They issued a “buy” rating and a $17.00 price target on the stock. Zacks Research upgraded Orion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 3rd. B. Riley Financial upped their target price on shares of Orion Group from $15.50 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen upgraded Orion Group from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Finally, DA Davidson lifted their target price 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.

Orion Group Stock Performance

ORN stock traded up $0.07 on Friday, reaching $10.95. 66,876 shares of the company were exchanged, compared to its average volume of 397,587. The firm has a market capitalization of $438.68 million, a PE ratio of 218.90 and a beta of 1.15. Orion Group has a 12 month low of $4.64 and a 12 month high of $15.00. The stock’s fifty day moving average price is $12.37 and its 200 day moving average price is $10.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.35.

Orion Group (NYSE:ORN) last issued 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. Orion Group had a net margin of 0.29% and a return on equity of 4.14%. The firm had revenue of $233.22 million during 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, research analysts anticipate that Orion Group will post 0.06 EPS for the current fiscal year.

Insider Activity at Orion Group

In other news, Director Quentin P. Jr. Smith sold 10,695 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $12.25, for a total transaction of $131,013.75. Following the sale, the director owned 90,659 shares of the company’s stock, valued at $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 SEC, which is available through this hyperlink. Also, Director Austin J. Shanfelter sold 90,000 shares of Orion Group 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 position. The disclosure for this sale is available in the SEC filing. 5.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ORN. Invesco Ltd. boosted its stake in shares of Orion Group by 1.6% during the 4th quarter. Invesco Ltd. now owns 1,292,193 shares of the construction company’s stock worth $12,844,000 after buying an additional 20,835 shares during the last quarter. Susquehanna Fundamental Investments LLC grew its holdings in shares of Orion Group by 105.0% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 21,097 shares of the construction company’s stock valued at $210,000 after acquiring an additional 10,808 shares in the last quarter. Millennium Management LLC increased its position in shares of Orion Group by 790.5% in the fourth quarter. Millennium Management LLC now owns 97,758 shares of the construction company’s stock valued at $972,000 after acquiring an additional 86,780 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Orion Group in the fourth quarter valued at about $168,000. Finally, Ardsley Advisory Partners LP raised its holdings in Orion Group by 6.7% during the fourth quarter. Ardsley Advisory Partners LP now owns 400,000 shares of the construction company’s stock worth $3,976,000 after acquiring an additional 25,000 shares in the last quarter. 70.25% of the stock is owned by institutional investors and hedge funds.

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.