Orion Group (NYSE:ORN) Issues Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Orion Group (NYSE:ORN) posted its earnings results on Tuesday. The construction company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08), Zacks reports. Orion Group had a return on equity of 4.44% and a net margin of 0.98%. Orion Group updated its FY 2026 guidance to 0.230-0.300 EPS.

Orion Group Trading Down 3.7%

Orion Group stock traded down $0.46 during mid-day trading on Tuesday, hitting $11.96. 871,023 shares of the stock were exchanged, compared to its average volume of 396,024. The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Orion Group has a 12 month low of $6.44 and a 12 month high of $17.40. The firm’s fifty day simple moving average is $14.35 and its two-hundred day simple moving average is $13.05. The stock has a market capitalization of $484.34 million, a price-to-earnings ratio of 56.98 and a beta of 1.34.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Orion Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Orion Group from $16.00 to $19.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Oppenheimer started coverage on Orion Group in a report on Tuesday, July 7th. They issued an “outperform” rating and a $20.00 price objective for the company. Zacks Research lowered Orion Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Weiss Ratings raised Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Orion Group has a consensus rating of “Moderate Buy” and an average price target of $17.60.

Insider Activity

In other news, Director Margaret M. Foran sold 20,000 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $14.62, for a total value of $292,400.00. Following the sale, the director directly owned 137,541 shares of the company’s stock, valued at approximately $2,010,849.42. This represents a 12.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 40,695 shares of company stock valued at $606,512. 5.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Orion Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in Orion Group by 1.6% during 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 period. Susquehanna Fundamental Investments LLC lifted its stake in shares of Orion Group by 105.0% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 21,097 shares of the construction company’s stock valued at $210,000 after purchasing an additional 10,808 shares during the period. Millennium Management LLC lifted its stake in shares of Orion Group by 790.5% in the 4th quarter. Millennium Management LLC now owns 97,758 shares of the construction company’s stock valued at $972,000 after purchasing an additional 86,780 shares during the period. Balyasny Asset Management L.P. bought a new stake in shares of Orion Group during the 4th quarter valued at about $168,000. Finally, Westerly Capital Management LLC boosted its position in shares of Orion Group by 500.0% during the 4th quarter. Westerly Capital Management LLC now owns 150,000 shares of the construction company’s stock valued at $1,491,000 after purchasing an additional 125,000 shares in the last quarter. Institutional investors and hedge funds 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.