IES (IESC)
Market Price (7/16/2026): $628.71 | Market Cap: $12.5 BilSector: Industrials | Industry: Construction & Engineering
IES (IESC)
Market Price (7/16/2026): $628.71Market Cap: $12.5 BilSector: IndustrialsIndustry: Construction & Engineering
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16% Megatrend and thematic driversMegatrends include Artificial Intelligence, 5G & Advanced Connectivity, and Smart Grids & Grid Modernization. Themes include Data Centers & Infrastructure, Show more. | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 35x Stock price has recently run up significantly12M Rtn12 month market price return is 107% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 55% Key risksIESC key risks include [1] a potential slowdown in data center demand and [2] execution and integration challenges associated with acquisitions. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, 5G & Advanced Connectivity, and Smart Grids & Grid Modernization. Themes include Data Centers & Infrastructure, Show more. |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 35x |
| Stock price has recently run up significantly12M Rtn12 month market price return is 107% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 55% |
| Key risksIESC key risks include [1] a potential slowdown in data center demand and [2] execution and integration challenges associated with acquisitions. |
Qualitative Assessment
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IES (IESC) stock has gained about 30% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance.
IES Holdings reported robust financial results for its fiscal Q2 2026, which ended on March 31, 2026. The company's diluted earnings per share (EPS) surged by 56% year-over-year to $5.44, surpassing analyst estimates for adjusted EPS by 5.32%. Revenue for the quarter also saw a significant increase of 17% year-over-year, reaching $974 million, and operating income grew by 21% compared to the same period in the prior fiscal year.
2. Substantial Increase in Backlog.
The company demonstrated strong future revenue potential with its backlog reaching approximately $3.9 billion as of March 31, 2026. This represents a considerable 62% increase since the end of fiscal 2025, indicating strong demand for IES's services and a healthy pipeline of projects.
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IES (IESC) stock has gained about 30% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance.
IES Holdings reported robust financial results for its fiscal Q2 2026, which ended on March 31, 2026. The company's diluted earnings per share (EPS) surged by 56% year-over-year to $5.44, surpassing analyst estimates for adjusted EPS by 5.32%. Revenue for the quarter also saw a significant increase of 17% year-over-year, reaching $974 million, and operating income grew by 21% compared to the same period in the prior fiscal year.
2. Substantial Increase in Backlog.
The company demonstrated strong future revenue potential with its backlog reaching approximately $3.9 billion as of March 31, 2026. This represents a considerable 62% increase since the end of fiscal 2025, indicating strong demand for IES's services and a healthy pipeline of projects.
3. Growth in Key Segments Driven by Data Center Demand.
IES experienced continued strong growth in its Communications and Infrastructure Solutions segments. This performance was primarily propelled by robust demand in the data center end market, highlighting the company's successful positioning in high-growth areas.
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Stock Movement Drivers
Fundamental Drivers
The 31.4% change in IESC stock from 3/31/2026 to 7/15/2026 was primarily driven by a 18.0% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7152026 | Change |
|---|---|---|---|
| Stock Price ($) | 476.47 | 625.91 | 31.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,493 | 3,633 | 4.0% |
| Net Income Margin (%) | 9.8% | 10.5% | 7.2% |
| P/E Multiple | 27.8 | 32.8 | 18.0% |
| Shares Outstanding (Mil) | 20 | 20 | -0.2% |
| Cumulative Contribution | 31.4% |
Market Drivers
3/31/2026 to 7/15/2026| Return | Correlation | |
|---|---|---|
| IESC | 31.4% | |
| Market (SPY) | 16.1% | 54.4% |
| Sector (XLI) | 11.3% | 68.9% |
Fundamental Drivers
The 60.9% change in IESC stock from 12/31/2025 to 7/15/2026 was primarily driven by a 29.9% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7152026 | Change |
|---|---|---|---|
| Stock Price ($) | 389.02 | 625.91 | 60.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,371 | 3,633 | 7.8% |
| Net Income Margin (%) | 9.1% | 10.5% | 15.4% |
| P/E Multiple | 25.2 | 32.8 | 29.9% |
| Shares Outstanding (Mil) | 20 | 20 | -0.4% |
| Cumulative Contribution | 60.9% |
Market Drivers
12/31/2025 to 7/15/2026| Return | Correlation | |
|---|---|---|
| IESC | 60.9% | |
| Market (SPY) | 11.0% | 49.4% |
| Sector (XLI) | 16.4% | 65.2% |
Fundamental Drivers
The 111.3% change in IESC stock from 6/30/2025 to 7/15/2026 was primarily driven by a 39.8% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7152026 | Change |
|---|---|---|---|
| Stock Price ($) | 296.23 | 625.91 | 111.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,128 | 3,633 | 16.2% |
| Net Income Margin (%) | 8.1% | 10.5% | 29.8% |
| P/E Multiple | 23.5 | 32.8 | 39.8% |
| Shares Outstanding (Mil) | 20 | 20 | 0.2% |
| Cumulative Contribution | 111.3% |
Market Drivers
6/30/2025 to 7/15/2026| Return | Correlation | |
|---|---|---|
| IESC | 111.3% | |
| Market (SPY) | 23.2% | 52.0% |
| Sector (XLI) | 23.3% | 62.3% |
Fundamental Drivers
The 1000.4% change in IESC stock from 6/30/2023 to 7/15/2026 was primarily driven by a 230.9% change in the company's Net Income Margin (%).| (LTM values as of) | 6302023 | 7152026 | Change |
|---|---|---|---|
| Stock Price ($) | 56.88 | 625.91 | 1000.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,328 | 3,633 | 56.0% |
| Net Income Margin (%) | 3.2% | 10.5% | 230.9% |
| P/E Multiple | 15.6 | 32.8 | 110.5% |
| Shares Outstanding (Mil) | 20 | 20 | 1.2% |
| Cumulative Contribution | 1000.4% |
Market Drivers
6/30/2023 to 7/15/2026| Return | Correlation | |
|---|---|---|
| IESC | 1000.4% | |
| Market (SPY) | 76.3% | 50.2% |
| Sector (XLI) | 74.8% | 55.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IESC Return | 10% | -30% | 123% | 154% | 94% | 58% | 1238% |
| Peers Return | 62% | 7% | 45% | 69% | 59% | 67% | 1023% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| IESC Win Rate | 58% | 42% | 83% | 83% | 58% | 57% | |
| Peers Win Rate | 67% | 47% | 68% | 67% | 62% | 69% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| IESC Max Drawdown | -23% | -53% | -20% | -35% | -49% | -21% | |
| Peers Max Drawdown | -19% | -27% | -29% | -23% | -37% | -19% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PWR, MTZ, EME, MYRG, FIX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/15/2026 (YTD)
How Low Can It Go
| Event | IESC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.2% | -18.8% |
| % Gain to Breakeven | 28.6% | 23.1% |
| Time to Breakeven | 27 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -51.8% | -24.5% |
| % Gain to Breakeven | 107.5% | 32.4% |
| Time to Breakeven | 400 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -45.0% | -33.7% |
| % Gain to Breakeven | 81.9% | 50.9% |
| Time to Breakeven | 142 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -22.5% | -19.2% |
| % Gain to Breakeven | 29.0% | 23.8% |
| Time to Breakeven | 261 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -17.4% | -3.7% |
| % Gain to Breakeven | 21.1% | 3.9% |
| Time to Breakeven | 9 days | 6 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -17.3% | -6.8% |
| % Gain to Breakeven | 21.0% | 7.3% |
| Time to Breakeven | 46 days | 15 days |
In The Past
IES's stock fell -22.2% during the 2025 US Tariff Shock. Such a loss loss requires a 28.6% gain to breakeven.
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Asset Allocation
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| Event | IESC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.2% | -18.8% |
| % Gain to Breakeven | 28.6% | 23.1% |
| Time to Breakeven | 27 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -51.8% | -24.5% |
| % Gain to Breakeven | 107.5% | 32.4% |
| Time to Breakeven | 400 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -45.0% | -33.7% |
| % Gain to Breakeven | 81.9% | 50.9% |
| Time to Breakeven | 142 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -22.5% | -19.2% |
| % Gain to Breakeven | 29.0% | 23.8% |
| Time to Breakeven | 261 days | 105 days |
| 2013 Taper Tantrum | ||
| % Loss | -32.1% | -0.2% |
| % Gain to Breakeven | 47.3% | 0.2% |
| Time to Breakeven | 116 days | 1 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -42.3% | -17.9% |
| % Gain to Breakeven | 73.4% | 21.8% |
| Time to Breakeven | 183 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -48.3% | -15.4% |
| % Gain to Breakeven | 93.3% | 18.2% |
| Time to Breakeven | 990 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -74.0% | -53.4% |
| % Gain to Breakeven | 284.6% | 114.4% |
| Time to Breakeven | 2936 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -44.4% | -8.6% |
| % Gain to Breakeven | 79.9% | 9.5% |
| Time to Breakeven | 4789 days | 47 days |
In The Past
IES's stock fell -22.2% during the 2025 US Tariff Shock. Such a loss loss requires a 28.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About IES (IESC)
IES Holdings, Inc. (IESC) is a diversified company specializing in the design, installation, and maintenance of integrated electrical and technology systems across the United States. The company also manufactures and provides a range of specialized infrastructure products and services, catering to a broad spectrum of clients from large industrial complexes and commercial enterprises to residential customers.
Its primary services include comprehensive electrical and mechanical design, construction, and maintenance for commercial and industrial facilities such as office buildings, manufacturing plants, data centers, chemical plants, renewable energy sites (wind and solar farms), and healthcare facilities. Additionally, IESC designs, installs, and maintains complex network infrastructure within data centers, corporate, educational, and hospitality buildings, along with providing integrated audio/visual, telephone, fire, and intrusion alarm systems.
IESC further extends its offerings through specialized industrial solutions, which involve the maintenance and repair of electric motors, generators, and power distribution equipment. It also manufactures custom-engineered bus duct solutions and generator enclosures, and provides repair services for railroad main and auxiliary generators. For the residential market, the company performs electrical installations for single-family homes and multi-family apartments, installs cable television systems, and deploys residential solar power solutions for new construction and existing residences.
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Here are 1-3 brief analogies to describe IES Holdings, Inc. (IESC):
IES is like a **Quanta Services or MasTec**, but focused on the specialized electrical, mechanical, and technology infrastructure that powers buildings—from homes to data centers and industrial plants.
Think of IES as the **Home Depot of electrical, technology, and mechanical installation and maintenance services**, serving everyone from homeowners to large industrial clients.
IES is like a smaller, more focused **General Electric (GE)**, specializing in the installation and maintenance of diverse electrical, mechanical, and technology infrastructure across multiple industries.
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- Electrical & Mechanical Services: Designs, constructs, and maintains electrical and mechanical systems for commercial and industrial facilities, data centers, and various infrastructure projects.
- Communication Network & System Services: Designs, installs, and maintains network infrastructure (data, audio/visual, fire, security) for data centers, corporate, and other institutional buildings.
- Power Equipment Services & Manufacturing: Provides maintenance and repair for electric motors, generators, and power distribution equipment, and manufactures custom bus ducts, generator enclosures, and industrial lifting magnets.
- Residential Electrical & Technology Services: Offers electrical installations, cable television installations, and residential solar power installations for homes and multi-family apartments.
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Major Customers of IES Holdings, Inc. (IESC)
Based on the provided company description, IES Holdings, Inc. (IESC) primarily sells its services and products to other companies and institutions, rather than directly to individuals as its main customer base. The company's operations are largely business-to-business (B2B).
The provided company description does not list specific customer company names, nor their public symbols. However, it details the types of industries, facilities, and entities that IES serves across its various segments. These can be broadly categorized as:
- Industrial and Infrastructure Clients: This includes a diverse range of clients in sectors such as manufacturing, chemical processing, refining, data centers, wind and solar power generation, and municipal infrastructure. They provide services for facilities like manufacturing plants, chemical plants, refineries, data centers, wind farms, solar facilities, and engage in maintaining and repairing equipment for power generation and distribution, and railroad main and auxiliary systems.
- Commercial and Institutional Clients: IES serves a broad spectrum of commercial and institutional customers, including developers and owners of office buildings, corporate headquarters, educational institutions, financial facilities, healthcare facilities, and hospitality establishments. They provide electrical, mechanical, technology, and network infrastructure services to these diverse environments.
- Residential Developers and Builders: While the Residential segment also serves individual homeowners (e.g., for existing residential solar), a significant portion of its work involves providing electrical installations and residential solar power for new construction of single-family housing and multi-family apartments. This implies working with home builders, real estate developers, and property management companies as primary clients for these projects.
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Matthew J. Simmes, President and Chief Executive Officer
Matthew J. Simmes assumed the role of President and Chief Executive Officer of IES Holdings, Inc. on July 1, 2025. He has a long tenure with the company, having served for over 31 years in various capacities. Prior to his current appointment, he was the President and Chief Operating Officer starting in 2023, and before that, served as Chief Operating Officer from 2021 to 2023. From 2017 to 2021, he was the President of the company's Communications segment.
Jeffrey L. Gendell, Executive Chairman of the Board
Jeffrey L. Gendell transitioned to Executive Chairman of the Board on July 1, 2025. He previously served as Chairman of the Board since 2016 and as Chief Executive Officer from October 2020 to June 2025, including an interim period from July to September 2020. Mr. Gendell is the founder and managing member of Tontine Associates, L.L.C., a private investment management firm that is the majority shareholder of IES Holdings. His career spans over 35 years in investment banking and private investment. He held senior investment management positions at several private investment firms, including Odyssey Partners, L.P. He began his career at Smith Barney, Harris Upham & Co. in investment banking, where he was involved in capital markets, corporate finance, and M&A activities. Additionally, he served as President and Chief Operating Officer of Homserv, LLC, a privately-held data aggregator, from 1999 to 2002, and as President and Chief Operating Officer of Cogent Design Inc., a privately held practice management software system, from 2002 to 2003. This indicates a pattern of managing companies backed by private investment firms.
Tracy A. McLauchlin, Senior Vice President, Chief Financial Officer, Principal Accounting Officer and Treasurer
Tracy A. McLauchlin has served as Senior Vice President, Chief Financial Officer, Principal Accounting Officer, and Treasurer of IES Holdings since May 2015. She is a Certified Public Accountant and holds a Master of Accounting from Rice University. Prior to her current role, she was the Vice President & Chief Accounting Officer from February 2014 to May 2015, and also served as the principal accounting officer of the Company from February 2014 to April 2021. Her previous experience includes senior finance and accounting leadership roles at Dynegy and Rockwater Energy Solutions, as well as an earlier career at PwC.
Mary K. Newman, Senior Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
Mary K. Newman serves as Senior Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary at IES Holdings, Inc.
Matthew Michael Allen, Chief Technical Officer
Matthew Michael Allen holds the position of Chief Technical Officer at IES Holdings, Inc.
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Key Risks to IES Holdings, Inc. (IESC)
- Economic and Market Cyclicality: Demand for IES Holdings' electrical and technology systems and infrastructure services is highly cyclical and vulnerable to downturns in the construction and housing markets, as well as broader economic uncertainties. Prolonged uncertainties in credit markets, high interest rates, or a decline in new housing starts can adversely affect demand for the company's services and its financial results. The Residential segment, for example, has already experienced a decrease in revenue due to a cooling housing market.
- Fixed-Price Contracts and Cost Volatility: IES Holdings generates a significant portion of its revenue through fixed-price contracts, which exposes the company to considerable margin risks. Unforeseen variations in commodity costs (such as copper, aluminum, and steel), labor costs, supply chain constraints, and potential project overruns due to inaccurate estimates or execution challenges can materially impact profitability.
- Cybersecurity Risks: The company's increasing dependence on information technology systems makes it susceptible to cybersecurity threats, including data breaches and cyberattacks. Such incidents could disrupt operations, compromise sensitive information, damage the company's reputation, and lead to significant financial losses and liabilities.
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IES Holdings, Inc. (IESC) operates in several addressable markets across its Commercial & Industrial, Communications, Infrastructure Solutions, and Residential segments, primarily within the United States.
Commercial & Industrial Segment
- Electrical and Mechanical Services: The U.S. electrical contractors market was valued at approximately USD 237.59 billion in 2023 and is projected to reach USD 256.65 billion by 2029. Another estimate for the U.S. electrical services market placed its value at USD 163.9 billion in 2024, with projections to reach USD 294.6 billion by 2034. The U.S. electrical contracting industry was valued at USD 255 billion in 2024 and is projected to reach USD 295 billion by 2030. Separately, the United States MEP (Mechanical, Electrical, and Plumbing) services market, which includes mechanical services, is estimated at USD 51.81 billion in 2025 and is expected to grow to USD 100.42 billion by 2030. The U.S. accounted for 77.5% of the North America mechanical, electrical, and plumbing service market, which was estimated at USD 31,348.1 million in 2023.
- Data Center Construction and Services: The U.S. data center market size was valued at USD 54.7 billion in 2025 and is estimated to reach USD 116.9 billion by 2034. The U.S. data center service market is projected to grow at a Compound Annual Growth Rate (CAGR) of 15.61% from 2025 to 2035. In 2024, the U.S. generated USD 7.7 billion in revenue for data center services, representing approximately 85% of North America's share.
Communications Segment
- Network Infrastructure: The U.S. enterprise network infrastructure market generated USD 19,075.9 million in revenue in 2023 and is expected to reach USD 24,997.4 million by 2030. Another source indicates the U.S. enterprise networking market generated USD 47,068.2 million in 2024 and is expected to reach USD 60,019.8 million by 2030.
- Fire and Alarm Systems: The U.S. fire alarm and detection market size was USD 11.1 billion in 2024 and is expected to reach USD 16.5 billion by 2032. The U.S. fire protection system market was valued at USD 25.15 billion in 2023 and is projected to reach around USD 36.87 billion by 2033.
Infrastructure Solutions Segment
- Electric Motor and Industrial Machinery Repair: The global motor repair and maintenance market was valued at approximately USD 33.57 billion in 2024 and is projected to reach USD 48.28 billion by 2034. North America holds a substantial share of this global market. The U.S. industrial services market size was valued at USD 10.32 billion in 2024, with a projected CAGR of 5.37% from 2025 to 2034. North America is the largest market for industrial machinery repair services, holding approximately 40% of the global market share, with the global market estimated at USD 34.1 billion in 2024 and projected to reach USD 60.27 billion by 2035.
Residential Segment
- Residential Electrical Installations: This service is part of the broader U.S. electrical services market mentioned above. The U.S. home services market, which includes electrical services, was valued at USD 520 billion in 2023 and is estimated to reach USD 1,030 billion by 2030.
- Residential Solar Power Installation: The U.S. residential solar PV market size was estimated at USD 7.45 billion in 2023 and is expected to grow at a CAGR of 14.4% from 2024 to 2030. It is expected to reach USD 17.68 billion by 2030. The US residential solar market size is forecast to increase by USD 10.93 billion at a CAGR of 12.3% between 2024 and 2029.
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IES Holdings, Inc. (IESC) is expected to experience future revenue growth over the next 2-3 years driven by several key factors:
- Sustained Demand in the Data Center Market: IES Holdings continues to benefit significantly from strong demand in the data center market, which is a primary driver across its Communications, Infrastructure Solutions, and Commercial & Industrial segments. This robust demand is anticipated to fuel continued revenue growth.
- Strategic Acquisitions and Expanded Offerings: The company's strategy includes strategic acquisitions, such as the recent purchases of Arrow Engine and Gulf Island Fabrication, which expand its capacity, market reach, and range of custom manufactured products and services. These acquisitions are expected to contribute to future revenue growth.
- Growth in Commercial & Industrial End Markets: Beyond the data center sector, the Commercial & Industrial segment is experiencing increased activity in education and healthcare end markets, alongside continued strong execution and expansion in regions like the Midwest. These areas represent additional avenues for revenue expansion.
- Investments in Operational Capabilities and Personnel: IES Holdings attributes its strong performance and positioning for future growth to investments made in its business and people over the past several years, indicating an ongoing focus on enhancing capabilities and efficiency to support sustained organic growth.
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Share Repurchases
- IES Holdings repurchased 173,262 shares of its common stock for $30.2 million in fiscal year 2025, with $168.0 million remaining under its stock repurchase authorization.
- In fiscal year 2025, the company also reported repurchasing $41.6 million of its common stock.
Share Issuance
- IES Holdings' shares outstanding declined by 1.14% in 2025 from 2024.
- Shares outstanding saw a slight increase of 0.01% in 2024 from 2023.
- In 2023, shares outstanding decreased by 2.31% from 2022.
Outbound Investments
- Subsequent to fiscal year 2025, in January 2026, IES Holdings completed the acquisition of Gulf Island Fabrication, Inc. for an aggregate equity value of approximately $192 million. This acquisition is aimed at expanding the Infrastructure Solutions segment and capacity for custom engineered solutions.
- In fiscal year 2025, the company invested $52.4 million in the acquisitions of Arrow Engine Company, Qypsys, and a new Manitowoc, Wisconsin fabrication operation.
- IES Holdings used $40.0 million to purchase the remaining 20% noncontrolling interest in Edmonson Electric in fiscal year 2025.
Capital Expenditures
- IES Holdings supported the growth of its operating business with $67.3 million in capital expenditures in fiscal year 2025.
- The company plans to increase capital spending in fiscal year 2026 to position the business for future growth and new service offerings, particularly in its Infrastructure Solutions and Communications segments.
- Investments in fiscal year 2025 focused on increasing manufacturing capacity in the Infrastructure Solutions segment and expanding operations in the Communications segment to support data center customers.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| IES Earnings Notes | 04/30/2026 | |
| 7-Day Rally Sends IES Stock Up 26% | 04/28/2026 | |
| IES Stock Rockets 24% With 6-Day Winning Streak | 04/25/2026 | |
| IES Stock Surges 21%, With A 5-Day Winning Spree | 04/24/2026 | |
| IES Stock (-13%): Director Sells Shares, Spooking Investors | 03/06/2026 | |
| IESC Stock Surges 28% With A 5-day Winning Spree On Institutional Accumulation | 02/12/2026 | |
| Would You Still Hold IES Stock If It Fell Another 30%? | 10/17/2025 | |
| IES vs Newmont: Which Is A Better Investment? | 08/18/2025 | |
| ARTICLES | ||
| Better Value & Growth: IESC Leads APi Stock | 05/20/2026 | |
| Mid Cap Stocks Trading At 52-Week High | 05/13/2026 | |
| How Will IES Stock React To Its Upcoming Earnings? | 04/30/2026 | |
| IES Stock Rockets 26% With 7-Day Winning Streak | 04/28/2026 | |
| IES Stock 6-Day Winning Spree: Stock Climbs 24% | 04/25/2026 |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 637.38 |
| Mkt Cap | 31.1 |
| Rev LTM | 12,708 |
| Op Inc LTM | 1,174 |
| FCF LTM | 668 |
| FCF 3Y Avg | 725 |
| CFO LTM | 880 |
| CFO 3Y Avg | 913 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 19.7% |
| Rev Chg 3Y Avg | 16.0% |
| Rev Chg Q | 23.2% |
| QoQ Delta Rev Chg LTM | 5.2% |
| Op Inc Chg LTM | 44.4% |
| Op Inc Chg 3Y Avg | 64.8% |
| Op Mgn LTM | 7.5% |
| Op Mgn 3Y Avg | 7.1% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 8.2% |
| CFO/Rev 3Y Avg | 8.0% |
| FCF/Rev LTM | 6.1% |
| FCF/Rev 3Y Avg | 5.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 31.1 |
| P/S | 2.6 |
| P/Op Inc | 35.1 |
| P/EBIT | 34.3 |
| P/E | 47.7 |
| P/CFO | 35.9 |
| Total Yield | 2.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 4.2% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Residential | 1,304 | 1,389 | 1,280 | 1,131 | 687 |
| Communications | 1,141 | 776 | 601 | 560 | 446 |
| Infrastructure Solutions | 499 | 351 | 217 | 167 | 147 |
| Commercial & Industrial | 428 | 368 | 280 | 309 | 256 |
| Corporate | 0 | 0 | 0 | 0 | |
| Total | 3,371 | 2,884 | 2,377 | 2,167 | 1,536 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Communications | 167 | 87 | 51 | 22 | 43 |
| Infrastructure Solutions | 118 | 67 | 29 | 4 | 17 |
| Residential | 104 | 137 | 83 | 59 | 41 |
| Commercial & Industrial | 47 | 41 | 19 | -12 | 0 |
| Corporate | -52 | -32 | -23 | -16 | -16 |
| Total | 384 | 301 | 160 | 56 | 86 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Communications | 440 | 285 | 206 | 211 | 165 |
| Residential | 357 | 396 | 387 | 395 | 330 |
| Infrastructure Solutions | 355 | 289 | 181 | 162 | 138 |
| Corporate | 331 | 185 | 120 | 53 | 47 |
| Commercial & Industrial | 113 | 89 | 88 | 115 | 88 |
| Total | 1,596 | 1,244 | 982 | 935 | 767 |
Price Behavior
| Market Price | $625.91 | |
| Market Cap ($ Bil) | 12.5 | |
| First Trading Date | 01/28/1998 | |
| Distance from 52W High | -18.3% | |
| 50 Days | 200 Days | |
| DMA Price | $678.39 | $504.44 |
| DMA Trend | up | up |
| Distance from DMA | -7.7% | 24.1% |
| 3M | 1YR | |
| Volatility | 67.9% | 65.2% |
| Downside Capture | 340.17 | 290.57 |
| Upside Capture | 306.11 | 310.22 |
| Correlation (SPY) | 51.0% | 52.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.02 | 2.15 | 2.51 | 2.49 | 2.64 | 2.02 |
| Up Beta | -0.30 | 0.57 | 2.74 | 2.85 | 2.67 | 2.17 |
| Down Beta | 3.33 | 2.22 | 2.08 | 1.34 | 2.05 | 1.43 |
| Up Capture | 316% | 315% | 356% | 587% | 970% | 6692% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 12 | 23 | 38 | 71 | 135 | 410 |
| Down Capture | 163% | 228% | 206% | 186% | 172% | 111% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 9 | 18 | 25 | 54 | 116 | 340 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IESC | |
|---|---|---|---|---|
| IESC | 105.5% | 65.1% | 1.37 | - |
| Sector ETF (XLI) | 20.6% | 16.7% | 0.95 | 62.7% |
| Equity (SPY) | 21.9% | 12.6% | 1.30 | 52.3% |
| Gold (GLD) | 21.0% | 27.9% | 0.67 | 29.9% |
| Commodities (DBC) | 29.1% | 18.9% | 1.22 | -4.2% |
| Real Estate (VNQ) | 12.6% | 13.9% | 0.61 | 12.9% |
| Bitcoin (BTCUSD) | -46.2% | 42.9% | -1.32 | 24.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IESC | |
|---|---|---|---|---|
| IESC | 65.3% | 54.6% | 1.13 | - |
| Sector ETF (XLI) | 13.4% | 17.6% | 0.60 | 51.4% |
| Equity (SPY) | 13.2% | 17.1% | 0.59 | 46.8% |
| Gold (GLD) | 17.2% | 18.4% | 0.76 | 14.5% |
| Commodities (DBC) | 9.0% | 19.5% | 0.35 | 8.9% |
| Real Estate (VNQ) | 2.7% | 18.9% | 0.04 | 27.0% |
| Bitcoin (BTCUSD) | 13.8% | 53.5% | 0.44 | 20.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IESC | |
|---|---|---|---|---|
| IESC | 47.5% | 48.3% | 0.99 | - |
| Sector ETF (XLI) | 14.4% | 20.0% | 0.63 | 48.9% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 44.9% |
| Gold (GLD) | 11.1% | 16.1% | 0.56 | 10.0% |
| Commodities (DBC) | 6.7% | 18.0% | 0.29 | 14.8% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 32.1% |
| Bitcoin (BTCUSD) | 57.9% | 66.2% | 0.98 | 14.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/4/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/1/2026 | 1.8% | 3.3% | 5.2% |
| 1/30/2026 | -19.9% | -13.8% | 5.8% |
| 11/21/2025 | 3.7% | 12.9% | 14.0% |
| 8/1/2025 | -0.8% | -4.9% | -1.1% |
| 5/2/2025 | 12.6% | 18.4% | 24.8% |
| 2/4/2025 | -2.4% | 4.4% | -21.5% |
| 11/22/2024 | 2.8% | 14.6% | -21.4% |
| 8/2/2024 | 7.1% | 15.0% | 29.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 17 |
| # Negative | 8 | 8 | 7 |
| Median Positive | 4.1% | 11.5% | 8.7% |
| Median Negative | -2.7% | -6.1% | -11.8% |
| Max Positive | 17.9% | 30.2% | 33.0% |
| Max Negative | -19.9% | -27.0% | -21.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/1/2026 | 1.8% | 3.3% | 5.2% |
| 1/30/2026 | -19.9% | -13.8% | 5.8% |
| 11/21/2025 | 3.7% | 12.9% | 14.0% |
| 8/1/2025 | -0.8% | -4.9% | -1.1% |
| 5/2/2025 | 12.6% | 18.4% | 24.8% |
| 2/4/2025 | -2.4% | 4.4% | -21.5% |
| 11/22/2024 | 2.8% | 14.6% | -21.4% |
| 8/2/2024 | 7.1% | 15.0% | 29.0% |
| 5/3/2024 | 17.9% | 30.2% | 7.3% |
| 2/2/2024 | 0.8% | 5.7% | 33.0% |
| 12/7/2023 | 4.9% | 18.8% | 8.7% |
| 8/4/2023 | 14.8% | 20.3% | 31.2% |
| 5/10/2023 | 11.0% | 9.8% | 18.4% |
| 2/3/2023 | 0.2% | 1.9% | 5.9% |
| 12/6/2022 | 4.0% | -7.3% | 3.4% |
| 8/4/2022 | -2.8% | -0.6% | -9.6% |
| 4/29/2022 | -17.1% | -27.0% | -11.8% |
| 2/2/2022 | -8.4% | -15.6% | -15.5% |
| 12/3/2021 | -2.5% | 1.1% | 5.4% |
| 8/5/2021 | -2.5% | -4.1% | -9.6% |
| 4/30/2021 | 3.6% | 1.7% | 4.1% |
| 2/5/2021 | 0.4% | -2.2% | 6.8% |
| 12/7/2020 | 4.1% | 10.1% | 24.0% |
| 8/7/2020 | 13.0% | 22.2% | 19.3% |
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 17 |
| # Negative | 8 | 8 | 7 |
| Median Positive | 4.1% | 11.5% | 8.7% |
| Median Negative | -2.7% | -6.1% | -11.8% |
| Max Positive | 17.9% | 30.2% | 33.0% |
| Max Negative | -19.9% | -27.0% | -21.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 11/21/2025 | 10-K |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/04/2025 | 10-Q |
| 09/30/2024 | 11/22/2024 | 10-K |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 12/07/2023 | 10-K |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| 09/30/2022 | 12/06/2022 | 10-K |
| 06/30/2022 | 08/04/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 11/21/2025 | 10-K |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/04/2025 | 10-Q |
| 09/30/2024 | 11/22/2024 | 10-K |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 12/07/2023 | 10-K |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| 09/30/2022 | 12/06/2022 | 10-K |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 02/02/2022 | 10-Q |
| 09/30/2021 | 12/03/2021 | 10-K |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 04/30/2021 | 10-Q |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 12/07/2020 | 10-K |
| 06/30/2020 | 08/07/2020 | 10-Q |
| 03/31/2020 | 05/05/2020 | 10-Q |
| 12/31/2019 | 02/04/2020 | 10-Q |
| 09/30/2019 | 12/06/2019 | 10-K |
| 06/30/2019 | 08/02/2019 | 10-Q |
Insider Activity
Updated 7/6/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 6162026 | 756.47 | 46,720 | 35,342,118 | 7,872,214,063 | Form |
| 2 | Cleveland, Todd M | Direct | Sell | 6162026 | 761.89 | 5,000 | 3,809,460 | 46,379,414 | Form | |
| 3 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5282026 | 705.93 | 30,310 | 21,396,771 | 7,379,294,570 | Form |
| 4 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5282026 | 702.28 | 2,055 | 1,443,184 | 7,362,407,996 | Form |
| 5 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5152026 | 694.01 | 39,361 | 27,316,782 | 7,277,102,869 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 6162026 | 756.47 | 46,720 | 35,342,118 | 7,872,214,063 | Form |
| 2 | Cleveland, Todd M | Direct | Sell | 6162026 | 761.89 | 5,000 | 3,809,460 | 46,379,414 | Form | |
| 3 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5282026 | 705.93 | 30,310 | 21,396,771 | 7,379,294,570 | Form |
| 4 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5282026 | 702.28 | 2,055 | 1,443,184 | 7,362,407,996 | Form |
| 5 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5152026 | 694.01 | 39,361 | 27,316,782 | 7,277,102,869 | Form |
| 6 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 5152026 | 692.71 | 15,000 | 10,390,650 | 7,290,776,214 | Form |
| 7 | McLauchlin, Tracy | SVP & CFO | Direct | Sell | 5122026 | 662.61 | 3,000 | 1,987,830 | 41,429,690 | Form |
| 8 | Simmes, Matthew J | President and CEO | Direct | Sell | 5072026 | 658.24 | 7,000 | 4,607,704 | 56,987,431 | Form |
| 9 | Cleveland, Todd M | Direct | Sell | 3042026 | 500.84 | 1,425 | 713,695 | 39,109,985 | Form | |
| 10 | Cleveland, Todd M | Direct | Sell | 3042026 | 501.13 | 875 | 438,489 | 39,846,874 | Form | |
| 11 | Cleveland, Todd M | Direct | Sell | 3042026 | 513.54 | 200 | 102,708 | 41,400,054 | Form | |
| 12 | Cleveland, Todd M | Direct | Sell | 2262026 | 511.29 | 1,700 | 869,188 | 41,320,664 | Form | |
| 13 | Cleveland, Todd M | Direct | Sell | 2262026 | 511.81 | 3,119 | 1,596,335 | 42,233,018 | Form | |
| 14 | Cleveland, Todd M | Direct | Sell | 2262026 | 520.25 | 181 | 94,165 | 44,552,129 | Form | |
| 15 | Simmes, Matthew J | President and CEO | Direct | Sell | 2202026 | 506.26 | 5,000 | 2,531,311 | 47,373,481 | Form |
| 16 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 2172026 | 520.43 | 320 | 166,538 | 5,509,876,199 | Form |
| 17 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 2172026 | 520.10 | 2,791 | 1,451,599 | 5,506,548,868 | Form |
| 18 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 2172026 | 529.50 | 5,048 | 2,672,938 | 5,607,594,255 | Form |
| 19 | Allen, Matthew Michael | Chief Technical Officer | Direct | Sell | 12182025 | 457.95 | 700 | 320,565 | 502,829 | Form |
| 20 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 12122025 | 473.25 | 76,400 | 36,156,670 | 5,014,286,511 | Form |
| 21 | Newman, Mary K | SVP, CAO and General Counsel | Direct | Sell | 12122025 | 477.86 | 2,000 | 955,711 | 10,437,943 | Form |
| 22 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 12122025 | 472.46 | 5,694 | 2,690,186 | 5,041,957,758 | Form |
| 23 | Gendell, David B | Direct | Sell | 12122025 | 452.20 | 17,867 | 8,079,457 | 31,956,522 | Form | |
| 24 | Koshkin, Joe D | Direct | Sell | 12112025 | 450.02 | 5,000 | 2,250,095 | 20,126,196 | Form | |
| 25 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 12052025 | 420.24 | 3,774 | 1,585,986 | 4,487,076,459 | Form |
| 26 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 12052025 | 421.66 | 61,719 | 26,024,241 | 4,503,796,333 | Form |
| 27 | Gendell, Jeffrey L ET AL | Executive Chairman | See footnotes | Sell | 12052025 | 418.69 | 34,507 | 14,447,864 | 4,497,987,675 | Form |
| 28 | McLauchlin, Tracy | SVP, CFO & Treasurer | Direct | Sell | 12032025 | 411.48 | 5,000 | 2,057,400 | 26,962,227 | Form |
| 29 | Simmes, Matthew J | President and CEO | Direct | Sell | 12032025 | 406.96 | 10,000 | 4,069,608 | 40,116,160 | Form |
| 30 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 9172025 | 380.74 | 6,811 | 2,593,220 | 4,100,462,051 | Form |
| 31 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 9122025 | 378.23 | 7,137 | 2,699,415 | 4,075,987,432 | Form |
| 32 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 9122025 | 379.57 | 17,363 | 6,590,402 | 4,093,111,156 | Form |
| 33 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 9122025 | 373.92 | 55,500 | 20,752,497 | 4,038,708,207 | Form |
| 34 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 8292025 | 363.10 | 35,852 | 13,017,724 | 3,941,963,710 | Form |
| 35 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 8292025 | 359.80 | 21,464 | 7,722,747 | 3,919,078,324 | Form |
| 36 | Newman, Mary K | SVP, CAO and General Counsel | Direct | Sell | 8222025 | 323.97 | 3,000 | 971,915 | 6,717,649 | Form |
| 37 | Gendell, Jeffrey L ET AL | Executive Chairman | See Footnotes | Sell | 8152025 | 355.45 | 1,710 | 607,820 | 3,879,325,850 | Form |
| 38 | Ies, Holdings, Inc | Direct | Sell | 8142025 | 343.32 | 456 | 156,553 | 29,930,500 | Form | |
| 39 | Ies, Holdings, Inc | Direct | Sell | 8142025 | 349.54 | 6,496 | 2,270,607 | 30,632,220 | Form | |
| 40 | Ies, Holdings, Inc | Direct | Sell | 8142025 | 347.79 | 10,048 | 3,494,638 | 32,738,582 | Form | |
| 41 | McLauchlin, Tracy | SVP, CFO & Treasurer | Direct | Sell | 8122025 | 339.46 | 5,000 | 1,697,300 | 22,464,444 | Form |
| 42 | Simmes, Matthew J | President and CEO | Direct | Sell | 8082025 | 339.00 | 4,000 | 1,356,000 | 34,409,856 | Form |
Investor Activity (13F)
Updated Jul 16, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Gendell Jeffrey L | $4.9 Bil | 67.1% | 176 | Hold | 13F |
| Pertento Partners LLP | $110.2 Mil | 11.7% | 15 | ADD +10.5% | 13F |
| Parsifal Capital Management, LP | $42.9 Mil | 5.5% | 17 | TRIM -10.1% | 13F |
| AltraVue Capital, LLC | $61.8 Mil | 5.3% | 49 | TRIM -9.0% | 13F |
| Ophir Asset Management Pty Ltd | $26.2 Mil | 3.1% | 34 | TRIM -7.6% | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Gendell Jeffrey L | $4.9 Bil | 67.1% | 176 | Hold | 13F |
| Pertento Partners LLP | $110.2 Mil | 11.7% | 15 | ADD +10.5% | 13F |
| AltraVue Capital, LLC | $61.8 Mil | 5.3% | 49 | TRIM -9.0% | 13F |
| Parsifal Capital Management, LP | $42.9 Mil | 5.5% | 17 | TRIM -10.1% | 13F |
| Ophir Asset Management Pty Ltd | $26.2 Mil | 3.1% | 34 | TRIM -7.6% | 13F |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Construction & Engineering Resources |
| Engineering News-Record (ENR) |
| Construction Dive |
| Civil Engineering Magazine |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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