Orion Group (NYSE:ORN) Director Margaret Foran Sells 20,000 Shares

Orion Group Holdings, Inc. (NYSE:ORN) Director Margaret Foran sold 20,000 shares of Orion Group stock in a transaction on Friday, May 1st. The stock was sold at an average price of $14.62, for a total transaction of $292,400.00. Following the sale, the director directly owned 137,541 shares of the company’s stock, valued at approximately $2,010,849.42. This trade represents a 12.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Orion Group Stock Up 0.0%

Shares of Orion Group stock traded up $0.00 during trading on Monday, hitting $14.57. 425,657 shares of the stock were exchanged, compared to its average volume of 359,358. The stock has a market cap of $585.77 million, a price-to-earnings ratio of 69.39 and a beta of 1.39. The firm’s 50-day moving average price is $11.81 and its 200 day moving average price is $11.14. Orion Group Holdings, Inc. has a 12-month low of $6.44 and a 12-month high of $15.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.40.

Orion Group (NYSE:ORN) last announced its quarterly earnings results on Tuesday, April 28th. The construction company reported $0.05 EPS for the quarter. Orion Group had a net margin of 0.98% and a return on equity of 4.44%. The firm had revenue of $216.30 million for the quarter, compared to analyst estimates of $198.13 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. As a group, analysts forecast that Orion Group Holdings, Inc. will post 0.23 earnings per share for the current fiscal year.

Institutional Trading of Orion Group

A number of institutional investors have recently added to or reduced their stakes in ORN. Fifth Third Bancorp purchased a new stake in shares of Orion Group in the first quarter valued at about $52,000. Moran Wealth Management LLC purchased a new stake in shares of Orion Group in the first quarter valued at about $277,000. North Star Investment Management Corp. purchased a new stake in shares of Orion Group in the first quarter valued at about $763,000. Invesco Ltd. lifted its holdings in shares of Orion Group by 1.6% in the fourth quarter. Invesco Ltd. now owns 1,292,193 shares of the construction company’s stock valued at $12,844,000 after purchasing an additional 20,835 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of Orion Group by 105.0% in the fourth quarter. Susquehanna Fundamental Investments LLC now owns 21,097 shares of the construction company’s stock valued at $210,000 after purchasing an additional 10,808 shares in the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on ORN. Roth Mkm began coverage on shares of Orion Group in a research note on Tuesday, February 10th. They issued a “buy” rating and a $17.00 price objective on the stock. JPMorgan Chase & Co. started coverage on shares of Orion Group in a research note on Thursday, January 22nd. They set an “overweight” rating and a $16.00 price target on the stock. Weiss Ratings upgraded shares of Orion Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 20th. B. Riley Financial boosted their price target on shares of Orion Group from $15.50 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Zacks Research lowered shares of Orion Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.25.

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.