MYR Group Inc. (MYRG) reported third-quarter 2026 revenue of $1.26 billion and net income of $60.0 million, or $3.82 per diluted share. Revenue increased by $308.6 million from the third quarter of 2025, while net income rose from $32.1 million.
The company also reported record backlog of $3.68 billion as of September 30 and authorized a new share repurchase program of up to $100.0 million.
- Third-quarter revenue was $1.259 billion, compared with $950.4 million a year earlier.
- Basic EPS was $3.85 and diluted EPS was $3.82, versus $2.07 and $2.05, respectively, in the prior-year quarter.
- Commercial and Industrial revenue totaled $704.5 million, while Transmission and Distribution revenue was $554.5 million.
- First nine-month revenue was $3.34 billion and net income was $156.7 million.
- The repurchase program becomes effective November 4, 2026, and expires November 3, 2027, unless funds are exhausted earlier.
$MYRG Insider Trading Activity
$MYRG insiders have traded $MYRG 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 $MYRG stock by insiders over the last 6 months:
- DONALD C.I. LUCKY has made 0 purchases and 4 sales selling 14,675 shares for an estimated $6,596,801.
- KENNETH MICHAEL HARTWICK sold 3,500 shares for an estimated $1,576,750
- SHIRIN O'CONNOR has made 0 purchases and 8 sales selling 3,159 shares for an estimated $1,412,680.
- KELLY MICHELLE HUNTINGTON (Senior VP and CFO) has made 0 purchases and 5 sales selling 2,000 shares for an estimated $915,315.
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.
$MYRG Hedge Fund Activity
We have seen 245 institutional investors add shares of $MYRG stock to their portfolio, and 219 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 368,382 shares (+454.9%) to their portfolio in Q2 2026, for an estimated $184,338,352
- WELLINGTON MANAGEMENT GROUP LLP removed 325,995 shares (-50.6%) from their portfolio in Q2 2026, for an estimated $163,127,898
- FULLER & THALER ASSET MANAGEMENT, INC. added 286,686 shares (+inf%) to their portfolio in Q2 2026, for an estimated $143,457,674
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 209,643 shares (+inf%) to their portfolio in Q2 2026, for an estimated $104,905,357
- PRINCIPAL FINANCIAL GROUP INC removed 192,237 shares (-62.9%) from their portfolio in Q2 2026, for an estimated $96,195,394
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 190,314 shares (+350.2%) to their portfolio in Q2 2026, for an estimated $95,233,125
- JPMORGAN CHASE & CO added 135,331 shares (+inf%) to their portfolio in Q2 2026, for an estimated $67,719,632
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.
