IES Stock to Split on Friday, August 14th (NASDAQ:IESC)

IES Holdings, Inc. (NASDAQ:IESC)’s stock is scheduled to split before the market opens on Friday, August 14th. The 2-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Thursday, August 13th.

IES Stock Performance

Shares of IESC opened at $744.54 on Friday. IES has a 1 year low of $309.51 and a 1 year high of $804.00. The company’s 50 day simple moving average is $674.87 and its 200 day simple moving average is $570.66. The company has a market capitalization of $14.83 billion, a price-to-earnings ratio of 33.08 and a beta of 1.78.

IES (NASDAQ:IESC) last announced its earnings results on Friday, July 31st. The technology company reported $6.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.83 by $1.87. IES had a net margin of 10.40% and a return on equity of 33.97%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.08 billion.

More IES News

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.

Analyst Ratings Changes

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

Insider Transactions at IES

In related news, Chairman Jeffrey L. Et Al Gendell sold 46,720 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $756.47, for a total value of $35,342,278.40. Following the transaction, the chairman owned 10,406,559 shares in the company, valued at approximately $7,872,249,686.73. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Todd M. Cleveland sold 5,000 shares of IES stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $761.89, for a total transaction of $3,809,450.00. Following the transaction, the director directly owned 60,874 shares in the company, valued at approximately $46,379,291.86. This trade represents a 7.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 208,102 shares of company stock worth $146,518,202. 56.43% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On IES

Several hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP boosted its position in IES by 40.4% during the 1st quarter. First Trust Advisors LP now owns 349,163 shares of the technology company’s stock worth $166,366,000 after purchasing an additional 100,425 shares during the period. Geode Capital Management LLC raised its position in IES by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 274,725 shares of the technology company’s stock valued at $106,887,000 after purchasing an additional 6,349 shares during the period. Pertento Partners LLP raised its position in IES by 17.1% in the fourth quarter. Pertento Partners LLP now owns 209,351 shares of the technology company’s stock valued at $81,442,000 after purchasing an additional 30,583 shares during the period. State Street Corp lifted its stake in shares of IES by 1.2% during the fourth quarter. State Street Corp now owns 205,905 shares of the technology company’s stock worth $80,101,000 after purchasing an additional 2,517 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of IES by 7.7% during the fourth quarter. Morgan Stanley now owns 171,488 shares of the technology company’s stock worth $66,713,000 after purchasing an additional 12,232 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

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.