Granite (NYSE: GVA) reported third-quarter 2026 revenue of $1.77 billion, up 23% from $1.43 billion a year earlier. Net income attributable to Granite was $3.2 million, or $0.07 per diluted share, compared with $102.9 million, or $1.98 per diluted share, in the prior-year quarter.
The company raised the low end of its 2026 revenue guidance to a range of $5.4 billion to $5.5 billion and introduced 2029 targets including organic revenue CAGR of 10% to 12%.
- Third-quarter gross profit rose to $335.8 million from $260.5 million.
- Adjusted EBITDA, a non-GAAP measure, increased 32% to $283.5 million.
- Committed and Awarded Projects reached a record $7.5 billion as of September 30, 2026.
- Nine-month operating cash flow increased to $404.3 million from $289.6 million.
- Nine-month net loss attributable to Granite was $316.7 million, driven by $535 million of net non-operating charges associated with convertible-note conversions.
$GVA Insider Trading Activity
$GVA insiders have traded $GVA stock on the open market 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $GVA stock by insiders over the last 6 months:
- MICHAEL G TATUSKO (Senior Vice President) sold 7,500 shares for an estimated $1,057,500
- BRADLEY JAY WILLIAMS (Senior Vice President) sold 6,734 shares for an estimated $949,494
- JOHN TIMOTHY ROMER has made 3 purchases buying 750 shares for an estimated $107,040 and 0 sales.
- CARLOS M HERNANDEZ purchased 400 shares for an estimated $49,596
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.
$GVA Hedge Fund Activity
We have seen 210 institutional investors add shares of $GVA stock to their portfolio, and 201 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,273,300 shares (+28.7%) to their portfolio in Q2 2026, for an estimated $201,283,264
- CARTENNA CAPITAL, LP removed 680,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $107,494,400
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 553,856 shares (+inf%) to their portfolio in Q2 2026, for an estimated $87,553,556
- AMERICAN CENTURY COMPANIES INC removed 453,458 shares (-44.1%) from their portfolio in Q2 2026, for an estimated $71,682,640
- PRICE T ROWE ASSOCIATES INC /MD/ added 424,482 shares (+113.4%) to their portfolio in Q2 2026, for an estimated $67,102,114
- GOLDMAN SACHS GROUP INC removed 353,131 shares (-46.4%) from their portfolio in Q2 2026, for an estimated $55,822,948
- POINT72 ASSET MANAGEMENT, L.P. removed 343,586 shares (-90.4%) from their portfolio in Q2 2026, for an estimated $54,314,074
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.
