Orion Group (NYSE:ORN) Releases Earnings Results, Misses Estimates By $0.08 EPS

Orion Group (NYSE:ORN) posted its quarterly earnings data on Tuesday. The construction company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08), Zacks reports. Orion Group had a net margin of 0.98% and a return on equity of 4.44%. Orion Group updated its FY 2026 guidance to 0.230-0.300 EPS.

Orion Group Stock Down 3.7%

NYSE ORN traded down $0.46 during trading hours on Tuesday, hitting $11.96. The company had a trading volume of 855,564 shares, compared to its average volume of 395,252. 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 has a fifty-two week low of $6.44 and a fifty-two week high of $17.40. The company has a market capitalization of $484.34 million, a price-to-earnings ratio of 56.98 and a beta of 1.34. The firm’s 50 day moving average is $14.35 and its 200 day moving average is $13.05.

Insider Transactions at Orion Group

In other Orion Group news, Director Margaret M. Foran sold 10,695 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $15.70, for a total value of $167,911.50. Following the completion of the sale, the director owned 116,846 shares of the company’s stock, valued at $1,834,482.20. This trade represents a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 40,695 shares of company stock valued at $606,512 over the last three months. 5.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Orion Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Orion Group by 1.0% during the 4th quarter. Barclays PLC now owns 89,908 shares of the construction company’s stock valued at $894,000 after acquiring an additional 888 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Orion Group by 5.7% during the fourth quarter. Deutsche Bank AG now owns 33,690 shares of the construction company’s stock worth $335,000 after purchasing an additional 1,802 shares during the period. Empowered Funds LLC grew its position in shares of Orion Group by 1.9% during the 1st quarter. Empowered Funds LLC now owns 119,720 shares of the construction company’s stock valued at $626,000 after buying an additional 2,220 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Orion Group by 6.1% in the third quarter. Envestnet Asset Management Inc. now owns 50,060 shares of the construction company’s stock worth $416,000 after acquiring an additional 2,888 shares during the last quarter. Finally, Intech Investment Management LLC boosted its stake in Orion Group by 20.9% in the third quarter. Intech Investment Management LLC now owns 17,316 shares of the construction company’s stock valued at $144,000 after acquiring an additional 2,999 shares during the period. 70.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ORN has been the subject of several research analyst reports. Weiss Ratings raised shares of Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Oppenheimer began coverage on shares of Orion Group in a report on Tuesday, July 7th. They issued an “outperform” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on Orion Group from $16.00 to $19.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Zacks Research lowered Orion Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Wall Street Zen raised Orion Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.60.

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.