IES Holdings (IESC) reported fiscal 2026 third-quarter revenue of $1.2427 billion, up 40% from $890.2 million a year earlier. Net income attributable to IES Holdings was $153.0 million, compared with $77.2 million in the prior-year quarter, and diluted earnings per share were $7.57.
The company also announced a two-for-one common stock split to be paid as a stock dividend. Shareholders of record as of Aug. 14, 2026, will receive one additional share for every share held after the close of trading on Aug. 21, 2026.
- Operating income rose to $178.5 million from $111.9 million in the prior-year quarter.
- Remaining performance obligations were approximately $2.8 billion as of June 30, 2026.
- Backlog was approximately $4.5 billion as of June 30, 2026, up 91% since the end of fiscal 2025.
- Communications revenue increased 51% to $453.1 million, driven primarily by data center demand.
- Residential revenue declined 6% to $324.1 million amid softness in the housing market.
- Infrastructure Solutions revenue rose 73% to $224.1 million, including $51.7 million from Gulf Island.
- Commercial & Industrial revenue increased 109% to $241.4 million.
- IES ended the quarter with $77.3 million of cash, no debt and $310.6 million of marketable securities.
$IESC Insider Trading Activity
$IESC insiders have traded $IESC stock on the open market 73 times in the past 6 months. Of those trades, 0 have been purchases and 73 have been sales.
Here’s a breakdown of recent trading of $IESC stock by insiders over the last 6 months:
- JEFFREY L ET AL GENDELL (Executive Chairman) has made 0 purchases and 30 sales selling 141,605 shares for an estimated $100,180,579.
- TODD M CLEVELAND has made 0 purchases and 19 sales selling 12,500 shares for an estimated $7,624,039.
- MATTHEW J SIMMES (President and CEO) has made 0 purchases and 24 sales selling 12,000 shares for an estimated $7,139,015.
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.
$IESC Hedge Fund Activity
We have seen 167 institutional investors add shares of $IESC stock to their portfolio, and 154 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 355,077 shares (+17.6%) to their portfolio in Q1 2026, for an estimated $169,183,538
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 120,002 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $57,177,352
- FIRST TRUST ADVISORS LP added 100,425 shares (+40.4%) to their portfolio in Q1 2026, for an estimated $47,849,499
- UBS GROUP AG added 89,684 shares (+101.1%) to their portfolio in Q1 2026, for an estimated $42,731,735
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 77,082 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $36,727,260
- CONGRESS ASSET MANAGEMENT CO removed 43,513 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $31,967,260
- ALGERT GLOBAL LLC removed 22,520 shares (-87.6%) from their portfolio in Q1 2026, for an estimated $10,730,104
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.
