Orion Group (NYSE:ORN) Issues Quarterly Earnings Results

Orion Group (NYSE:ORN) announced its earnings results on Tuesday. The construction company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.04), FiscalAI reports. The business had revenue of $221.88 million for the quarter, compared to analysts’ expectations of $225.72 million. Orion Group had a net margin of 0.40% and a return on equity of 3.09%. Orion Group updated its FY 2026 guidance to 0.230-0.300 EPS.

Orion Group Stock Up 3.9%

Shares of Orion Group stock traded up $0.35 during trading on Thursday, hitting $9.43. 107,114 shares of the stock traded hands, compared to its average volume of 415,725. The firm has a market cap of $381.89 million, a P/E ratio of 105.63 and a beta of 1.34. The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.43. Orion Group has a 52-week low of $6.44 and a 52-week high of $17.40. The stock’s fifty day simple moving average is $14.19 and its 200 day simple moving average is $13.06.

Analyst Upgrades and Downgrades

ORN has been the topic of several research analyst reports. Wall Street Zen raised Orion Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Oppenheimer assumed 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. Zacks Research lowered shares of Orion Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. JPMorgan Chase & Co. boosted their price objective on shares of Orion Group from $16.00 to $19.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Orion Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.60.

Insiders Place Their Bets

In related news, Director Margaret M. Foran sold 10,695 shares of the company’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 completion of the sale, the director directly owned 116,846 shares of the company’s stock, valued at $1,834,482.20. This represents a 8.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 40,695 shares of company stock valued at $606,512 over the last ninety days. 5.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Orion Group

Hedge funds have recently modified their holdings of the business. AQR Capital Management LLC increased its holdings in Orion Group by 64.2% during the first quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company’s stock valued at $2,513,000 after buying an additional 187,819 shares during the period. NewEdge Advisors LLC raised its stake in Orion Group by 55.7% in the first quarter. NewEdge Advisors LLC now owns 25,001 shares of the construction company’s stock worth $131,000 after buying an additional 8,945 shares in the last quarter. Empowered Funds LLC lifted its holdings in Orion Group by 1.9% during the first quarter. Empowered Funds LLC now owns 119,720 shares of the construction company’s stock worth $626,000 after buying an additional 2,220 shares during the period. Strs Ohio purchased a new stake in Orion Group during the first quarter worth $175,000. Finally, Creative Planning bought a new stake in Orion Group during the 2nd quarter valued at $202,000. 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.