Orion Group (NYSE:ORN – Get Free Report) was upgraded by equities research analysts at B. Riley to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports. B. Riley also issued estimates for Orion Group’s Q4 2025 earnings at $0.15 EPS.
ORN has been the subject of several other research reports. StockNews.com raised shares of Orion Group from a “hold” rating to a “buy” rating in a report on Saturday, March 15th. DA Davidson assumed coverage on shares of Orion Group in a report on Friday, January 17th. They issued a “buy” rating and a $11.00 price target for the company.
Read Our Latest Stock Analysis on ORN
Orion Group Trading Up 2.6 %
Orion Group (NYSE:ORN – Get Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The construction company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Orion Group had a negative return on equity of 0.71% and a negative net margin of 1.63%. The company had revenue of $216.88 million during the quarter, compared to analysts’ expectations of $271.70 million. During the same period last year, the business earned $0.08 earnings per share. Equities analysts anticipate that Orion Group will post 0.06 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Orion Group
Several institutional investors have recently modified their holdings of ORN. Corebridge Financial Inc. raised its holdings in Orion Group by 8.4% during the 4th quarter. Corebridge Financial Inc. now owns 18,043 shares of the construction company’s stock worth $132,000 after buying an additional 1,396 shares during the period. Rhumbline Advisers increased its position in shares of Orion Group by 6.5% during the fourth quarter. Rhumbline Advisers now owns 36,138 shares of the construction company’s stock worth $265,000 after acquiring an additional 2,198 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Orion Group by 4.9% during the fourth quarter. Bank of New York Mellon Corp now owns 73,664 shares of the construction company’s stock worth $540,000 after acquiring an additional 3,432 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Orion Group by 20.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,474 shares of the construction company’s stock valued at $150,000 after acquiring an additional 3,528 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Orion Group by 16.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,928 shares of the construction company’s stock worth $197,000 after purchasing an additional 3,728 shares during the period. Institutional investors own 70.25% of the company’s stock.
About Orion Group
Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.
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