IES (NASDAQ:IESC) Issues Quarterly Earnings Results

IES (NASDAQ:IESC) announced its quarterly earnings data on Friday. The technology company reported $6.70 EPS for the quarter, beating analysts’ consensus estimates of $4.83 by $1.87, Zacks reports. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.08 billion. IES had a return on equity of 33.97% and a net margin of 10.40%.

IES Stock Performance

Shares of NASDAQ IESC opened at $744.54 on Friday. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 33.08 and a beta of 1.78. IES has a fifty-two week low of $309.51 and a fifty-two week high of $804.00. The firm’s 50-day simple moving average is $674.87 and its 200 day simple moving average is $570.66.

IES’s stock is going to split before the market opens on Monday, August 24th. The 2-1 split was announced on Friday, July 31st. The newly issued shares will be payable to shareholders after the closing bell on Friday, August 21st.

Insiders Place Their Bets

In other news, Director Todd M. Cleveland sold 5,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $761.89, for a total value of $3,809,450.00. Following the completion of the sale, the director directly owned 60,874 shares of the company’s stock, valued at $46,379,291.86. This represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Tracy Mclauchlin sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $662.61, for a total value of $1,987,830.00. Following the completion of the transaction, the chief financial officer owned 62,525 shares in the company, valued at $41,429,690.25. This represents a 4.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 208,102 shares of company stock valued at $146,518,202. Corporate insiders own 56.43% of the company’s stock.

Hedge Funds Weigh In On IES

Large investors have recently bought and sold shares of the stock. Parsifal Capital Management LP bought a new position in shares of IES in the third quarter valued at approximately $25,768,000. Arrowstreet Capital Limited Partnership increased its position in shares of IES by 25.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 164,722 shares of the technology company’s stock valued at $64,080,000 after acquiring an additional 33,273 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in IES by 3,965.1% during the third quarter. Raymond James Financial Inc. now owns 31,830 shares of the technology company’s stock worth $12,657,000 after acquiring an additional 31,047 shares during the period. Pertento Partners LLP lifted its holdings in IES by 17.1% during the fourth quarter. Pertento Partners LLP now owns 209,351 shares of the technology company’s stock worth $81,442,000 after acquiring an additional 30,583 shares during the period. Finally, UBS Group AG boosted its position in IES by 56.2% in the third quarter. UBS Group AG now owns 84,556 shares of the technology company’s stock worth $33,624,000 after purchasing an additional 30,433 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

IES News Summary

Here are the key news stories impacting IES this week:

• Positive Sentiment: Strong quarterly results: IES reported fiscal Q3 EPS of $6.70, exceeding the $4.83 consensus estimate, while revenue reached $1.24 billion versus expectations of $1.08 billion. The results point to strong operating leverage and demand across the company’s infrastructure businesses. IES Holdings Reports Fiscal 2026 Third Quarter Results and Announces Two-for-One Stock Split
• Positive Sentiment: Data-center and AI momentum: Coverage highlights a robust backlog and accelerating data-center construction activity as key drivers of the rally. Investors view IES as a beneficiary of rising spending on AI-related computing infrastructure. Data center builder leaps on earnings
• Positive Sentiment: Positive analyst sentiment: Wall Street Zen upgraded IES to “Strong Buy,” adding to the favorable reaction to the earnings report and backlog outlook. IES upgraded to Strong Buy
• Neutral Sentiment: Two-for-one stock split: IES announced a 2-for-1 split. The action may improve share accessibility and liquidity but does not change the company’s underlying value. Reports cite different effective dates—August 14 and August 24—so investors should confirm the final schedule in the company’s official filings.
• Negative Sentiment: Valuation risk: The strong rally leaves IES trading at a premium valuation, increasing sensitivity to any slowdown in data-center demand, execution problems, or future earnings disappointments.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Freedom Capital lowered IES from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Wall Street Zen raised shares of IES from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of IES in a research note on Thursday, June 18th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, IES has a consensus rating of “Moderate Buy” and a consensus target price of $458.00.

IES Company Profile

IES Holdings, Inc (NASDAQ: IESC) is a specialty contractor providing integrated electrical and mechanical construction services, engineering, and systems integration across North America. The company focuses on delivering end-to-end solutions for commercial, industrial and mission-critical facilities, combining design, build, commission and maintenance capabilities to serve a wide range of markets.

Through its subsidiaries, IES offers a comprehensive portfolio of services including electrical distribution and infrastructure, mechanical contracting, process piping, controls and automation, energy management, and ongoing service and maintenance.