Orion Group (NYSE:ORN) Reaches New 1-Year High on Analyst Upgrade

Orion Group Holdings, Inc. (NYSE:ORN) hit a new 52-week high on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $15.50 and last traded at $15.4370, with a volume of 129280 shares changing hands. The stock had previously closed at $14.62.

A number of other equities research analysts also recently weighed in on ORN. Weiss Ratings upgraded Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Roth Mkm initiated coverage on Orion Group in a report on Tuesday, February 10th. They issued a “buy” rating and a $17.00 price target for the company. 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 report on Thursday, March 5th. Wall Street Zen upgraded Orion Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Finally, DA Davidson boosted their price target on Orion Group from $13.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Orion Group presently has an average rating of “Buy” and a consensus price target of $16.25.

Insider Buying and Selling

In related news, Director Margaret M. Foran sold 20,000 shares of the company’s 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 completion of the transaction, the director directly owned 137,541 shares in the company, valued at $2,010,849.42. This represents a 12.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Quentin P. Jr. Smith sold 10,695 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $12.25, for a total value of $131,013.75. Following the transaction, the director owned 90,659 shares of the company’s stock, valued at approximately $1,110,572.75. The trade was a 10.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 141,390 shares of company stock worth $1,832,825 in the last three months. 5.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC acquired a new position in Orion Group during the 4th quarter worth $2,977,000. CenterBook Partners LP boosted its position in Orion Group by 27.0% during the 3rd quarter. CenterBook Partners LP now owns 541,511 shares of the construction company’s stock worth $4,505,000 after acquiring an additional 114,986 shares during the period. Quarry LP acquired a new position in Orion Group during the 3rd quarter worth $33,000. Seros Financial LLC boosted its position in Orion Group by 4.1% during the 1st quarter. Seros Financial LLC now owns 168,704 shares of the construction company’s stock worth $1,839,000 after acquiring an additional 6,570 shares during the period. Finally, Moran Wealth Management LLC acquired a new position in Orion Group during the 1st quarter worth $277,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Orion Group Stock Down 2.2%

The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.43. The stock has a 50-day simple moving average of $11.90 and a 200-day simple moving average of $11.27. The company has a market cap of $596.88 million, a price-to-earnings ratio of 70.22 and a beta of 1.39.

Orion Group (NYSE:ORN) last announced its quarterly earnings results on Tuesday, April 28th. The construction company reported $0.05 earnings per share (EPS) for the quarter. Orion Group had a return on equity of 4.44% and a net margin of 0.98%.The company had revenue of $216.30 million during 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 predict that Orion Group Holdings, Inc. will post 0.23 EPS for the current year.

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.