Investment Analysts’ Weekly Ratings Updates for Argan (AGX)

A number of firms have modified their ratings and price targets on shares of Argan (NYSE: AGX) recently:

• 10/18/2026 – Argan was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/10/2026 – Argan was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/9/2026 – Argan was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/9/2026 – Argan was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/29/2026 – Argan had its price target lowered by JPMorgan Chase & Co. from $800.00 to $785.00. They now have an “overweight” rating on the stock.
• 9/24/2026 – Argan was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 9/10/2026 – Argan was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/10/2026 – Argan was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/8/2026 – Argan is now covered by Piper Sandler. They set an “underweight” rating and a $273.00 price target on the stock.
• 9/5/2026 – Argan was upgraded by Wall Street Zen from “hold” to “buy”.
• 9/4/2026 – Argan was upgraded by Freedom Broker from “hold” to “strong-buy”.
• 9/3/2026 – Argan was upgraded by Lake Street Capital from “hold” to “buy”. They now have a $600.00 price target on the stock.
• 8/27/2026 – Argan was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 8/22/2026 – Argan was downgraded by Wall Street Zen from “buy” to “hold”.

Argan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 22nd will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, October 22nd. This is a boost from Argan’s previous quarterly dividend of $0.50. Argan’s payout ratio is currently 15.82%.

Insider Buying and Selling

In other Argan news, Director John Jeffrey, Jr. sold 5,716 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $579.64, for a total value of $3,313,222.24. Following the completion of the transaction, the director directly owned 2,533 shares in the company, valued at approximately $1,468,228.12. This trade represents a 69.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.99% of the company’s stock.

Argan, Inc is a holding company that provides engineering, procurement, construction, commissioning, operations and maintenance services for the power generation and renewable energy industries. Its work supports the development, construction and improvement of utility-scale energy infrastructure.

Through its subsidiaries, Argan offers engineering and construction management, project development support, procurement, installation, startup and commissioning services. Its projects have included natural gas-fired power plants, solar and other renewable energy facilities, and related industrial and electrical infrastructure.

Argan’s principal operating businesses include Gemma Power Systems, which provides engineering, procurement and construction services for power generation and renewable energy projects, and Atlantic Projects Company, which provides engineering, project management and construction-related services.