Argan (AGX)
Builds power plants and supports industrial and teledata infrastructure.
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Provides EPC, commissioning and maintenance for natural-gas, renewable and energy-storage projects, alongside industrial construction and teledata infrastructure services. Most revenue comes from long-duration Power contracts in the United States, Ireland and the United Kingdom, with many large projects priced on a fixed-price basis.
Provides engineering, procurement and construction services through three segments: Power, Industrial and Teledata. Most revenue comes from turnkey projects, where Gemma Power Systems and Atlantic Projects Company design, procure, build, commission and maintain natural-gas, renewable and energy-storage facilities across the United States, Ireland and the United Kingdom.
Supports industrial plants mainly in the southeastern United States through new construction, maintenance turnarounds, emergency field work, and pipe and pressure-vessel fabrication. Teledata builds and maintains power-distribution and communications networks for commercial, industrial and government customers, including a New England presence added through ValCor Communications.
Coordinates independently managed subsidiaries from a holding-company structure. Most large contracts are fixed-price, revenue is concentrated among a small group of Power customers, and project starts depend on owners' financing, permits and notices to proceed.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 8, 2026 | Piper Sandler | Initiate | Rating: —Target: — | Target: $273 |
| Sep 3, 2026 | Lake Street | Upgrade | ||
| Jun 5, 2026 | Lake Street | Reiterate | Rating: —Target: $375 | Target: $600 |
| Mar 27, 2026 | Lake Street | Reiterate | Rating: —Target: $325 | Target: $375 |
| Mar 27, 2026 | Goldman Sachs | Reiterate | Rating: —Target: — | Target: $518 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 31, 2026Cash & short-term investments $1.03B · Total debt $0 · Total assets $1.40B · Shareholders' equity $506.8M
- Revenue
- $384.0M
- Operating income
- $56.8M
- Net income
- $53.3M
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 100.63% | 14.12M shares | |
|---|---|---|---|
| 592 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 2.88% | 403.4K shares | |
| 13 holders · as of Aug 4, 2026 | |||
| Adds to | 103.51% | ||
14.03M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 103.51%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.75% | 2.21M | as of Jun 30, 2026 |
First Trust Portfolios L.P.Institution | 5.85% | 821,295 | filed Apr 27, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.55% | 778,042 | as of Jun 30, 2026 |
First Trust Advisors LPInstitution | 5.38% | 754,403 | as of Jun 30, 2026 |
Renaissance Technologies LLCInstitution | 4.62% | 648,379 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 31, 2026 | John Ronald Jr. Jeffrey | director | −5,716 | $579.64 |
| Jun 22, 2026 | William F. Jr Griffin | director, other: GEMMA, NON-EXECUTIVE CHAIRMAN | −20,000 | $760.43 |
| Jun 18, 2026 | William F. Jr Griffin | director, other: GEMMA, NON-EXECUTIVE CHAIRMAN | −30,000 | $725.85 |
| Jun 17, 2026 | Joshua Scott Baugher | officer: Chief Financial Officer | −760 | $733.30 |
| Jun 17, 2026 | Peter W. Getsinger | director | −2,000 | $699.00 |
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- Fluor
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Argan | $377.52 | −0.69% | $5.33B | 30.1 | 27.9 | 4.5 | +61.5% |
| Primoris Services | $76.24 | −0.87% | $4.17B | 30.3 | 19.2 | 0.6 | −10.7% |
| Quanta Services | $645.14 | +0.39% | $96.61B | 73.6 | 35.8 | 2.9 | +41.1% |
| MasTec | $223.91 | +0.45% | $17.90B | 35.6 | 20.2 | 1.1 | +23.4% |
| Fluor | $54.09 | −1.19% | $7.65B | — | 16.7 | 0.5 | +8.8% |
| Median | 35.6 | 19.7 | 0.8 | +16.1% |