Argan
About: Argan Inc is a United States-based construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC, and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derives the majority of revenue.
Employees: 1,595
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
62% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 39
7% more funds holding
Funds holding: 272 [Q4 2024] → 292 (+20) [Q1 2025]
4% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 98
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
0.4% less ownership
Funds ownership: 85.25% [Q4 2024] → 84.86% (-0.4%) [Q1 2025]
2% less capital invested
Capital invested by funds: $1.59B [Q4 2024] → $1.55B (-$38.1M) [Q1 2025]
22% less call options, than puts
Call options by funds: $43.1M | Put options by funds: $55.4M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Lake Street Robert Brown | 8%upside $236 | Buy Maintained | 5 Jun 2025 |
Financial journalist opinion
Based on 12 articles about AGX published over the past 30 days









