North American Construction Group (NYSE:NOA) Rating Increased to Moderate Buy at ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of North American Construction Group (NYSE:NOA) (TSE:NOA) from a hold rating to a moderate buy rating in a research report report published on Friday,Zacks.com reports.

Several other research analysts have also recently issued reports on NOA. BMO Capital Markets cut North American Construction Group from an “outperform” rating to a “market perform” rating in a research note on Thursday. Loop Capital set a $24.00 target price on North American Construction Group in a research report on Friday, December 19th. Zacks Research downgraded shares of North American Construction Group from a “hold” rating to a “strong sell” rating in a report on Monday, February 2nd. Roth Mkm started coverage on shares of North American Construction Group in a research report on Thursday, February 5th. They set a “buy” rating and a $25.00 price target for the company. Finally, Canaccord Genuity Group upgraded shares of North American Construction Group from a “hold” rating to a “buy” rating in a research note on Friday. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, North American Construction Group has a consensus rating of “Hold” and an average target price of $24.50.

North American Construction Group Stock Performance

Shares of NOA opened at $12.80 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.73 and a current ratio of 0.91. The stock has a 50-day moving average of $15.70 and a two-hundred day moving average of $14.64. The stock has a market cap of $367.97 million, a P/E ratio of 16.00 and a beta of 1.09. North American Construction Group has a one year low of $12.07 and a one year high of $18.24.

North American Construction Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, March 26th. North American Construction Group’s payout ratio is 36.17%.

Institutional Trading of North American Construction Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Aegis Financial Corp purchased a new position in North American Construction Group during the third quarter valued at approximately $11,965,000. Bastion Asset Management Inc. acquired a new position in North American Construction Group in the fourth quarter valued at approximately $8,475,000. Bank of Montreal Can boosted its position in North American Construction Group by 20.5% in the 3rd quarter. Bank of Montreal Can now owns 2,704,392 shares of the oil and gas company’s stock worth $38,409,000 after purchasing an additional 459,755 shares in the last quarter. CIBC Asset Management Inc grew its stake in shares of North American Construction Group by 50.1% during the 3rd quarter. CIBC Asset Management Inc now owns 1,179,482 shares of the oil and gas company’s stock worth $16,763,000 after purchasing an additional 393,679 shares during the period. Finally, Millennium Management LLC acquired a new stake in shares of North American Construction Group during the 4th quarter worth approximately $4,877,000. 74.99% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about North American Construction Group

Here are the key news stories impacting North American Construction Group this week:

• Positive Sentiment: Canaccord Genuity upgraded NOA from “hold” to “buy,” which likely attracted buyer interest and supported the stock’s upward move.
• Positive Sentiment: Company reported record Q4 revenue (C$250.5M) and strong operational momentum, including C$57M free cash flow for the quarter — a fundamental tailwind for investor confidence. North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2025
• Positive Sentiment: Management raised FY‑2026 revenue guidance to roughly C$1.1B–C$1.2B (well above consensus ~C$914.6M), signaling stronger topline expectations that can boost multiple expansion. North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2025
• Positive Sentiment: Board declared a quarterly dividend of $0.12/share (annualized yield ~2.9%), which can attract income-oriented investors and support the share price.
• Negative Sentiment: Q4 EPS missed estimates — the company reported a loss (reported EPS around negative levels vs. consensus positive) and year‑over‑year earnings deterioration, which is a near-term headwind for sentiment. North American Construction (NOA) Reports Q4 Loss, Lags Revenue Estimates
• Negative Sentiment: BMO Capital Markets downgraded NOA from “outperform” to “market perform,” which can temper analyst-driven buying and increase short-term pressure. Finviz – NOA quote / analyst notes
• Negative Sentiment: Law firm Johnson Fistel announced an investigation into potential securities claims related to NOA’s executives, introducing litigation risk and uncertainty that could weigh on the stock. North American Construction Group Shareholders Are Encouraged to Reach Out to Johnson Fistel

About North American Construction Group

North American Construction Group Ltd (NYSE: NOA) is a Canadian industrial company headquartered in Edmonton, Alberta, that specializes in providing integrated heavy construction equipment solutions. Through its two core segments—Sales and Rentals—the company offers a comprehensive portfolio of new and used off-highway trucks, wheel loaders, hydraulic excavators, dozers and motor graders, along with aftermarket parts and maintenance services.

In its Sales division, North American Construction Group partners with leading global equipment manufacturers to distribute and support a broad range of heavy machinery across multiple industries.