GMR Solutions Inc. (NYSE: GMRS) reported stronger profitability in the third quarter of 2026, with revenue rising to $1.6 billion, up 8.9% from a year earlier. Gross profit increased sharply to $261.5 million, while operating profit matched that level, reflecting a meaningful improvement in margin performance.
Net income attributable to common shareholders climbed to $135.6 million, more than tripling from the prior year period. The company’s diluted earnings per share came in at $0.56, ahead of analyst expectations of about $0.52.
On the cash flow side, operating cash flow totaled $195 million, while capital spending reached $84.7 million. GMR Solutions ended the quarter with $298.0 million in cash and cash equivalents, and total liabilities stood at $6.6 billion.
- Revenue: $1.6 billion
- Gross profit: $261.5 million
- Net income: $135.6 million
- Diluted EPS: $0.56
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
GMR Solutions Inc. Insider Trading Activity
GMR Solutions Inc. insiders have traded $GMRS stock on the open market 7 times in the past 6 months. Of those trades, 1 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $GMRS stock by insiders over the last 6 months:
- NICOLA LOPORCARO (Chairman & CEO) sold 1,457,102 shares for an estimated $17,776,644
- BRIAN SCOTT TIERNEY (EVP & CFO) sold 265,794 shares for an estimated $3,242,686
- HORNE EDWARD VAN (President & COO) sold 262,278 shares for an estimated $3,199,791
- THOMAS A A COOK (EVP, GC & Secretary) sold 251,882 shares for an estimated $3,072,960
- LISA JACOBA (EVP & CHRO) has made 1 purchase buying 1,000 shares for an estimated $15,000 and 1 sale selling 92,680 shares for an estimated $1,130,696.
- JESSICA HALL (Chief Accounting Officer) sold 23,687 shares for an estimated $288,981
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
GMR Solutions Inc. Hedge Fund Activity
We have seen 60 institutional investors add shares of GMR Solutions Inc. stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KOHLBERG KRAVIS ROBERTS & CO. L.P. added 14,785,611 shares (+inf%) to their portfolio in Q2 2026, for an estimated $228,585,546
- FMR LLC added 3,361,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $51,961,060
- INVESCO LTD. added 3,088,978 shares (+inf%) to their portfolio in Q2 2026, for an estimated $47,755,599
- NORGES BANK added 2,950,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $45,607,000
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added 2,400,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $37,104,000
- ALYESKA INVESTMENT GROUP, L.P. added 2,381,425 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,816,830
- KOCH, INC. added 2,204,449 shares (+inf%) to their portfolio in Q2 2026, for an estimated $34,080,781
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
GMR Solutions Inc. Price Targets
Multiple analysts have issued price targets for $GMRS recently. We have seen 8 analysts offer price targets for $GMRS in the last 6 months, with a median target of $17.5.
Here are some recent targets:
- A.J. Rice from UBS set a target price of $20.0 on 06/08/2026
- Daniel Grosslight from Citigroup set a target price of $17.0 on 06/08/2026
- An analyst from Barclays set a target price of $16.0 on 06/08/2026
- Benjamin Rossi from JP Morgan set a target price of $15.0 on 06/08/2026
- Joanna Gajuk from B of A Securities set a target price of $18.0 on 06/08/2026
- Elizabeth Anderson from Evercore ISI Group set a target price of $20.0 on 06/08/2026
- Craig Hettenbach from Morgan Stanley set a target price of $14.0 on 06/08/2026
