Wall Street Zen Downgrades Orion Group (NYSE:ORN) to Hold

Orion Group (NYSE:ORN) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research report issued on Saturday.

ORN has been the subject of a number of other reports. Roth Capital set a $15.00 price objective on Orion Group in a report on Thursday. Zacks Research lowered Orion Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings cut Orion Group from a “hold (c)” rating to a “sell (d+)” rating in a research report on Thursday. Oppenheimer initiated coverage on Orion Group in a report on Tuesday, July 7th. They set an “outperform” rating and a $20.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price target on Orion Group from $16.00 to $19.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.20.

Orion Group Stock Down 0.0%

Orion Group stock opened at $9.78 on Friday. Orion Group has a 1-year low of $6.44 and a 1-year high of $17.40. The firm has a market capitalization of $395.95 million, a price-to-earnings ratio of 108.67 and a beta of 1.40. The firm’s fifty day moving average price is $14.02 and its two-hundred day moving average price is $13.05. The company has a current ratio of 1.52, a quick ratio of 1.51 and a debt-to-equity ratio of 0.62.

Orion Group (NYSE:ORN) last posted its earnings results on Tuesday, July 28th. The construction company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04). Orion Group had a return on equity of 3.07% and a net margin of 0.40%.The business had revenue of $221.88 million for the quarter, compared to the consensus estimate of $225.72 million. Orion Group has set its FY 2026 guidance at 0.230-0.300 EPS. On average, equities research analysts predict that Orion Group will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Orion Group

In other Orion Group news, Director Margaret M. Foran sold 10,695 shares of Orion Group 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 of the company’s stock, valued at approximately $1,834,482.20. The trade was a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On Orion Group

Several large investors have recently modified their holdings of the stock. Brandes Investment Partners LP grew its holdings in Orion Group by 1.1% during the fourth quarter. Brandes Investment Partners LP now owns 5,010,193 shares of the construction company’s stock valued at $49,801,000 after purchasing an additional 56,663 shares during the period. Wasatch Advisors LP grew its stake in shares of Orion Group by 1.8% during the 4th quarter. Wasatch Advisors LP now owns 2,267,707 shares of the construction company’s stock worth $22,541,000 after acquiring an additional 41,188 shares during the period. Vanguard Group Inc. grew its stake in shares of Orion Group by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 2,024,885 shares of the construction company’s stock worth $16,847,000 after acquiring an additional 5,572 shares during the period. Dimensional Fund Advisors LP increased its holdings in Orion Group by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,684,977 shares of the construction company’s stock worth $14,019,000 after acquiring an additional 17,390 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Orion Group by 1.6% in the 4th quarter. Invesco Ltd. now owns 1,292,193 shares of the construction company’s stock worth $12,844,000 after acquiring an additional 20,835 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

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.