Lazard Asset Management LLC Increases Stock Holdings in NWPX Infrastructure, Inc. $NWPX

Lazard Asset Management LLC increased its holdings in NWPX Infrastructure, Inc. (NASDAQ:NWPX) by 21.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 84,574 shares of the industrial products company’s stock after purchasing an additional 14,870 shares during the quarter. Lazard Asset Management LLC’s holdings in NWPX Infrastructure were worth $6,585,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. LSV Asset Management increased its holdings in NWPX Infrastructure by 106.9% during the 4th quarter. LSV Asset Management now owns 143,558 shares of the industrial products company’s stock valued at $8,971,000 after acquiring an additional 74,158 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of NWPX Infrastructure by 527.6% in the fourth quarter. Franklin Resources Inc. now owns 70,923 shares of the industrial products company’s stock valued at $4,432,000 after purchasing an additional 59,623 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of NWPX Infrastructure in the first quarter valued at about $4,609,000. Congruence Capital LLC acquired a new stake in shares of NWPX Infrastructure in the fourth quarter valued at approximately $3,508,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of NWPX Infrastructure in the first quarter valued at approximately $3,339,000. 80.63% of the stock is owned by institutional investors and hedge funds.

NWPX Infrastructure News Summary

Here are the key news stories impacting NWPX Infrastructure this week:

• Positive Sentiment: Q2 results beat estimates: NWPX reported diluted EPS of $1.62, up 78% from $0.91 a year earlier and $0.29 above the $1.33 consensus estimate. Revenue rose 19.7% to a record $159.5 million, exceeding expectations of approximately $154.7 million. NWPX Infrastructure Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Profitability and cash flow strengthened: Gross profit increased 35.5% to $34.4 million, operating profit climbed 59.8% to $21.2 million, and net income rose 74.7% to $15.8 million. Operating cash flow jumped 159.5% to $14.1 million, while capital spending remained moderate at $4.2 million. NWPX Q2 2026 Earnings
• Positive Sentiment: Water segment and backlog were strong: Water Transmission Systems revenue rose 33.8% to $113.2 million, while segment gross profit surged 60.9% to $24.2 million. WTS backlog totaled $305 million, or $423 million including confirmed orders, providing revenue visibility.
• Neutral Sentiment: Mixed segment performance: The Precast Infrastructure and Engineered Systems segment experienced a 4.8% revenue decline and a 1.7% gross-profit decline, although its order book remained $61 million.
• Negative Sentiment: Insider selling and valuation risks: Data cited in the coverage shows seven insider sales and no purchases over the past six months. The stock also trades above the reported median analyst price target of $110, with a recent target of $130, potentially limiting near-term upside.

NWPX Infrastructure Stock Performance

Shares of NASDAQ NWPX opened at $126.87 on Friday. The company has a market cap of $1.22 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 2.25 and a beta of 1.07. NWPX Infrastructure, Inc. has a 12 month low of $40.01 and a 12 month high of $152.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.68 and a quick ratio of 2.06. The company has a 50-day simple moving average of $131.48 and a 200-day simple moving average of $98.72.

NWPX Infrastructure (NASDAQ:NWPX) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.29. The business had revenue of $159.48 million for the quarter, compared to the consensus estimate of $154.70 million. NWPX Infrastructure had a net margin of 8.49% and a return on equity of 12.40%. On average, equities analysts anticipate that NWPX Infrastructure, Inc. will post 4.97 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on NWPX. JPMorgan Chase & Co. initiated coverage on NWPX Infrastructure in a research report on Wednesday, June 10th. They set a “neutral” rating and a $130.00 price objective for the company. Zacks Research cut NWPX Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Wall Street Zen downgraded NWPX Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings raised NWPX Infrastructure from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NWPX Infrastructure currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.00.

NWPX Infrastructure Profile

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. Its products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications.