Montrose Environmental Group (NYSE:ONT) Downgraded to “Hold” Rating by Barclays

Barclays cut shares of Montrose Environmental Group (NYSE:ONT) from a strong-buy rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.

A number of other analysts also recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Montrose Environmental Group in a report on Friday, May 29th. Wall Street Zen downgraded Montrose Environmental Group from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Zacks Research upgraded Montrose Environmental Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Needham & Company LLC decreased their target price on Montrose Environmental Group from $28.00 to $23.00 and set a “buy” rating for the company in a research note on Friday. Finally, Bank of America downgraded Montrose Environmental Group from a “neutral” rating to an “underperform” rating and set a $18.00 target price for the company. in a report on Thursday. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $19.50.

Montrose Environmental Group Price Performance

Shares of NYSE ONT opened at $16.87 on Thursday. Montrose Environmental Group has a twelve month low of $12.68 and a twelve month high of $31.22. The firm has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $20.82. The company has a market capitalization of $609.68 million, a PE ratio of -51.12, a P/E/G ratio of 1.10 and a beta of 1.66. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.76.

Insiders Place Their Bets

In other Montrose Environmental Group news, CFO Allan Dicks purchased 6,535 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $15.36 per share, for a total transaction of $100,377.60. Following the purchase, the chief financial officer owned 218,178 shares of the company’s stock, valued at $3,351,214.08. This trade represents a 3.09% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter Graham acquired 25,140 shares of the stock in a transaction on Friday, June 5th. The shares were acquired at an average price of $17.19 per share, for a total transaction of $432,156.60. Following the acquisition, the director owned 256,689 shares of the company’s stock, valued at approximately $4,412,483.91. The trade was a 10.86% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 36,535 shares of company stock valued at $610,003 in the last 90 days. 10.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Montrose Environmental Group

A number of institutional investors and hedge funds have recently made changes to their positions in ONT. Hillsdale Investment Management Inc. lifted its position in Montrose Environmental Group by 3,733.3% in the 1st quarter. Hillsdale Investment Management Inc. now owns 11,500 shares of the company’s stock valued at $252,000 after acquiring an additional 11,200 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Montrose Environmental Group by 5.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,346,257 shares of the company’s stock valued at $29,470,000 after purchasing an additional 66,543 shares during the last quarter. Fifth Third Bancorp bought a new stake in Montrose Environmental Group during the 1st quarter worth approximately $201,000. Hsbc Holdings PLC increased its holdings in Montrose Environmental Group by 41.9% during the 1st quarter. Hsbc Holdings PLC now owns 15,228 shares of the company’s stock worth $328,000 after purchasing an additional 4,493 shares in the last quarter. Finally, Conestoga Capital Advisors LLC raised its stake in shares of Montrose Environmental Group by 16.8% in the first quarter. Conestoga Capital Advisors LLC now owns 83,515 shares of the company’s stock worth $1,828,000 after purchasing an additional 12,040 shares during the last quarter. Institutional investors and hedge funds own 87.87% of the company’s stock.

Key Stories Impacting Montrose Environmental Group

Here are the key news stories impacting Montrose Environmental Group this week:

• Positive Sentiment: Needham & Company maintained a buy rating while reducing its price target from $28 to $23. The revised target still implies approximately 36% upside from the referenced share price, suggesting the firm sees meaningful recovery potential. Benzinga
• Neutral Sentiment: Conestoga Capital Advisors’ second-quarter 2026 investor letter discussed resilience at Montrose Environmental Group amid declining revenue and highlighted improving investor interest in small-cap stocks. The commentary may provide some longer-term support, but it does not represent a new company announcement or earnings catalyst. Onterris’ Resilience Amid Revenue Decline
• Negative Sentiment: Barclays downgraded ONT from “strong-buy” to “hold” and lowered its price target from $19 to $15. The target is below the referenced market price, indicating reduced confidence in near-term upside. Barclays rating update
• Negative Sentiment: Bank of America lowered Montrose Environmental Group from “neutral” to “underperform,” reinforcing concerns about the company’s outlook. Bank of America rating downgrade
• Negative Sentiment: The stock reached a new 52-week low following the analyst downgrade, signaling continued technical weakness and potentially prompting additional caution among investors. ONT hits a 52-week low
• Negative Sentiment: Barclays also reaffirmed an “equal weight” rating while cutting its price target from $19 to $15, adding to the series of recent target reductions. Barclays price target update

Montrose Environmental Group Company Profile

Montrose Environmental Group (NYSE: MEG) is a global provider of environmental technical and monitoring services, delivering solutions for site assessment, remediation, compliance and long-term environmental stewardship. The company serves a broad range of industries, including energy, manufacturing, chemicals, mining and government agencies, supporting clients with risk management strategies, regulatory permitting and environmental permitting.

Montrose’s core offerings encompass environmental consulting, engineering design, field sampling and laboratory analysis, plus innovative digital monitoring platforms.