Victory Capital Management Inc. reduced its holdings in IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 25.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,555 shares of the technology company's stock after selling 2,267 shares during the period. Victory Capital Management Inc.'s holdings in IES were worth $1,317,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in IES by 6.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 81,457 shares of the technology company's stock valued at $16,370,000 after purchasing an additional 4,718 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in IES in the fourth quarter valued at approximately $74,000. Linscomb Wealth Inc. bought a new stake in IES in the fourth quarter valued at approximately $201,000. Cavalier Investments LLC increased its stake in IES by 3.5% in the fourth quarter. Cavalier Investments LLC now owns 5,664 shares of the technology company's stock valued at $1,138,000 after purchasing an additional 192 shares in the last quarter. Finally, Colonial River Investments LLC increased its stake in IES by 6.6% in the fourth quarter. Colonial River Investments LLC now owns 4,043 shares of the technology company's stock valued at $812,000 after purchasing an additional 249 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.
IES Stock Performance
NASDAQ:IESC traded down $2.77 during trading hours on Friday, hitting $184.26. The stock had a trading volume of 239,022 shares, compared to its average volume of 171,452. IES Holdings, Inc. has a one year low of $112.73 and a one year high of $320.09. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 17.16 and a beta of 1.57. The business's 50 day moving average is $211.90 and its 200-day moving average is $219.85.
IES (NASDAQ:IESC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $2.64 earnings per share (EPS) for the quarter. IES had a net margin of 7.30% and a return on equity of 35.81%.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded shares of IES from a "buy" rating to a "hold" rating in a research note on Friday, March 14th.
View Our Latest Analysis on IES
About IES
(
Free Report)
IES Holdings, Inc engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities.
See Also
Before you consider IES, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IES wasn't on the list.
While IES currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
