MYR Group to participate in KeyBanc Energy Transition Symposium, with leaders discussing investor opportunities.
Quiver AI Summary
MYR Group Inc., a holding company for specialty contractors in electric utility infrastructure and construction, announced its participation in the KeyBanc Taking Charge: Energy Transition Symposium on September 18, 2025. At this virtual event, CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors. MYR Group operates in two segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I), providing a wide range of electrical installation services across North America. Their T&D segment focuses on electric transmission, distribution, and clean energy projects, while the C&I segment serves various industries including data centers and hospitals, offering design, installation, and maintenance services. For more details, visit their website or contact their Investor Relations.
Potential Positives
- MYR Group's participation in the KeyBanc Taking Charge: Energy Transition Symposium highlights the company's commitment to engaging with investors and stakeholders, potentially enhancing its visibility in the market.
- The event provides MYR Group an opportunity to showcase its expertise and offerings in electric utility infrastructure and clean energy projects, aligning with current industry trends.
- Direct interactions between MYR Group's CEO and CFO with institutional investors can strengthen relationships and convey confidence in the company's strategic direction and financial performance.
Potential Negatives
- MYR Group's participation in an exclusive investor conference may raise concerns about transparency and accessibility for non-KeyBanc clients, potentially alienating a broader investor base.
- The press release lacks information on recent financial performance or strategic plans, which could leave investors questioning the company's current outlook and health.
- Without details on specific initiatives or projects discussed at the symposium, the release may be viewed as lacking substance, failing to provide compelling reasons for investor interest.
FAQ
What is MYR Group Inc. known for?
MYR Group Inc. is a holding company specializing in electric utility infrastructure and construction services in the U.S. and Canada.
When will MYR Group participate in the KeyBanc Symposium?
MYR Group will participate in the KeyBanc Taking Charge: Energy Transition Symposium on Thursday, Sept. 18, 2025.
Who will represent MYR Group at the event?
CEO Rick Swartz and CFO Kelly Huntington will represent MYR Group at the KeyBanc symposium.
Is the KeyBanc event open to the public?
No, the KeyBanc Taking Charge Symposium is only available to KeyBanc clients.
What services does MYR Group provide?
MYR Group offers electrical installations, maintenance, and repair services for transmission, distribution, and commercial/industrial clients.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MYRG Insider Trading Activity
$MYRG insiders have traded $MYRG stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MYRG stock by insiders over the last 6 months:
- BRADLEY THEDE FAVREAU purchased 835 shares for an estimated $99,866
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MYRG Hedge Fund Activity
We have seen 175 institutional investors add shares of $MYRG stock to their portfolio, and 168 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 324,139 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $36,656,879
- VERITION FUND MANAGEMENT LLC removed 230,886 shares (-96.9%) from their portfolio in Q2 2025, for an estimated $41,894,264
- BLACKROCK, INC. removed 179,419 shares (-7.0%) from their portfolio in Q2 2025, for an estimated $32,555,577
- BANK OF NEW YORK MELLON CORP added 172,962 shares (+97.4%) to their portfolio in Q2 2025, for an estimated $31,383,954
- HAWK RIDGE CAPITAL MANAGEMENT LP removed 148,000 shares (-49.6%) from their portfolio in Q2 2025, for an estimated $26,854,600
- DIMENSIONAL FUND ADVISORS LP removed 113,854 shares (-22.9%) from their portfolio in Q2 2025, for an estimated $20,658,808
- CITADEL ADVISORS LLC removed 101,070 shares (-46.5%) from their portfolio in Q2 2025, for an estimated $18,339,151
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MYRG Analyst Ratings
Wall Street analysts have issued reports on $MYRG in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keybanc issued a "Overweight" rating on 07/16/2025
- Stifel issued a "Buy" rating on 07/11/2025
- Baird issued a "Outperform" rating on 05/01/2025
To track analyst ratings and price targets for $MYRG, check out Quiver Quantitative's $MYRG forecast page.
$MYRG Price Targets
Multiple analysts have issued price targets for $MYRG recently. We have seen 7 analysts offer price targets for $MYRG in the last 6 months, with a median target of $204.0.
Here are some recent targets:
- Julien Dumoulin-Smith from Jefferies set a target price of $202.0 on 08/15/2025
- Ati Modak from Goldman Sachs set a target price of $205.0 on 08/07/2025
- Sangita Jain from Keybanc set a target price of $211.0 on 08/01/2025
- Brian Brophy from Stifel set a target price of $204.0 on 07/11/2025
- Kashy Harrison from Piper Sandler set a target price of $153.0 on 05/27/2025
- Justin Hauke from Baird set a target price of $170.0 on 05/01/2025
Full Release
THORNTON, Colo., Aug. 18, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG) , a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will participate in the KeyBanc Taking Charge: Energy Transition Symposium investor conference. MYR Group’s Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the KeyBanc Taking Charge: Energy Transition Symposium on Thursday, Sept. 18, 2025. This event is only available to KeyBanc clients.
About MYR Group Inc.
MYR Group is a holding company of leading, specialty electrical contractors providing services throughout the United States and Canada through two business segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I). MYR Group subsidiaries have the experience and expertise to complete electrical installations of any type and size. Through their T&D segment they provide services on electric transmission, distribution networks, substation facilities, clean energy projects and electric vehicle charging infrastructure. Their comprehensive T&D services include design, engineering, procurement, construction, upgrade, maintenance and repair services. T&D customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Through their C&I segment, they provide a broad range of services which include the design, installation, maintenance and repair of commercial and industrial wiring generally for data centers, airports, hospitals, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization and electric vehicle charging infrastructure. C&I customers include general contractors, commercial and industrial facility owners, government agencies and developers. For more information, visit myrgroup.com.
Contact
Jennifer Harper, Vice President, Investor Relations & Treasurer, MYR Group Inc., (847) 979-5835,
[email protected]
