Limbach Holdings (LMB) reported second-quarter 2026 revenue of $173.5 million, up 21.9% from $142.2 million a year earlier. Net income fell 38.8% to $4.7 million, while diluted earnings per share were $0.39 compared with $0.64 in the prior-year quarter.
The company raised its full-year 2026 revenue guidance to $760 million to $790 million and revised adjusted EBITDA guidance to $78 million to $84 million. Limbach said second-quarter results were affected by project timing and price sensitivity in certain markets.
- Total bookings were $182.0 million, with a 1.1x book-to-bill ratio.
- Owner Direct Relationships revenue increased 17.9% to $128.4 million, representing 74.0% of total revenue.
- Total gross profit declined to $37.3 million from $39.8 million, with gross margin at 21.5%.
- Net cash provided by operating activities was $18.7 million, compared with $2.0 million a year earlier.
- Limbach completed its acquisition of CYMCOR, Inc. on August 4, 2026, for a closing purchase price of $30.0 million.
$LMB Insider Trading Activity
$LMB insiders have traded $LMB stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.
Here’s a breakdown of recent trading of $LMB stock by insiders over the last 6 months:
- JAYME L. BROOKS (Chief Financial Officer) has made 0 purchases and 10 sales selling 25,433 shares for an estimated $2,185,493.
- JAY SHARP (Executive Vice President) has made 0 purchases and 8 sales selling 6,871 shares for an estimated $548,769.
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.
$LMB Hedge Fund Activity
We have seen 91 institutional investors add shares of $LMB stock to their portfolio, and 81 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 588,776 shares (-60.7%) from their portfolio in Q2 2026, for an estimated $45,335,752
- FIRST TRUST ADVISORS LP removed 426,518 shares (-96.5%) from their portfolio in Q1 2026, for an estimated $33,289,729
- GENEVA CAPITAL MANAGEMENT LLC added 236,090 shares (+inf%) to their portfolio in Q1 2026, for an estimated $18,426,824
- BLACKROCK, INC. removed 231,322 shares (-21.5%) from their portfolio in Q1 2026, for an estimated $18,054,682
- CAPITAL INTERNATIONAL INVESTORS added 178,414 shares (+27.6%) to their portfolio in Q1 2026, for an estimated $13,925,212
- BOSTON PARTNERS added 167,873 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,926,221
- FMR LLC added 96,783 shares (+16.0%) to their portfolio in Q1 2026, for an estimated $7,553,913
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.
