Orion Group (NYSE:ORN) Director Margaret Foran Sells 10,695 Shares of Stock

Orion Group Holdings, Inc. (NYSE:ORN) Director Margaret Foran sold 10,695 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $15.70, for a total value of $167,911.50. Following the sale, the director owned 116,846 shares in the company, valued at approximately $1,834,482.20. The trade was a 8.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Orion Group Stock Down 2.4%

Orion Group stock opened at $15.09 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.40 and a current ratio of 1.41. The business’s 50-day simple moving average is $11.88 and its two-hundred day simple moving average is $11.23. The company has a market cap of $610.99 million, a PE ratio of 71.88 and a beta of 1.39. Orion Group Holdings, Inc. has a fifty-two week low of $6.44 and a fifty-two week high of $15.81.

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

Hedge Funds Weigh In On Orion Group

Large investors have recently bought and sold shares of the business. Quarry LP acquired a new position in Orion Group in the 3rd quarter worth about $33,000. Fifth Third Bancorp acquired a new position in Orion Group in the 1st quarter worth about $52,000. Comerica Bank raised its holdings in Orion Group by 219.7% in the 3rd quarter. Comerica Bank now owns 5,183 shares of the construction company’s stock worth $43,000 after purchasing an additional 3,562 shares during the period. OpenArc Corporate Advisory LLC acquired a new position in Orion Group in the 4th quarter worth about $100,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in shares of Orion Group during the third quarter valued at approximately $86,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Analyst Ratings Changes

ORN has been the topic of several research analyst reports. Weiss Ratings upgraded Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. DA Davidson boosted their price target on Orion Group from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen upgraded Orion Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. 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 research note on Thursday, March 5th. Finally, Zacks Research upgraded Orion Group from a “hold” rating to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Orion Group presently has an average rating of “Buy” and a consensus price target 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.