Argan, Inc. (AGX)

Argan, Inc.'s stock (AGX) has experienced significant positive movement over the past six months, reaching $380.62 as of November 27, 2025, an 81.52% increase. Key events include strong financial performance and backlog growth, a revenue miss leading to a stock drop, a dividend increase to $0.50 per share, and insider selling by Director Peter W. Getsinger.

Demand for Argan, Inc.'s products and services is primarily project-based, tied to the timing and completion of specific large-scale construction contracts, resulting in revenue growth that can be "lumpy rather than predictable." Key catalysts for demand include infrastructure investment, renewable energy demand, and data center expansion.

Argan, Inc. (AGX) is a publicly traded holding company specializing in engineering, procurement, and construction (EPC) services, operating through subsidiaries like Gemma Power Systems, Atlantic Projects Company, The Roberts Company, and Southern Maryland Cable. The company focuses on providing EPC services to clients in the energy and industrial sectors through long-term contracts for large-scale infrastructure projects. Argan operates within the Industrials sector, with core business segments including power industry services, industrial fabrication and field services, and telecommunications infrastructure services.

Argan, Inc. primarily operates in the United States, with additional activities in the Republic of Ireland and the United Kingdom.

Argan, Inc.'s brand reputation in the past year appears to be largely positive, driven by strong financial performance and a robust project backlog. The company has consistently delivered robust revenue growth, with fiscal year 2025 revenue rising 53% year-over-year and net income surging 164%. A recent revenue miss reported on September 4, 2025, had a minor impact on its reputation.

Argan, Inc. is largely controlled by institutional investors, who hold approximately 79.43% of its shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Renaissance Technologies Llc. Individual ownership accounts for approximately 4.55% of the shares.