Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, fertilizer, and mining companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.
Company profile
Ticker
AGX
Exchange
Website
CEO
Mr. David Hibbert Watson CPA
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CITIZENS COMMUNICATIONS CO, CITIZENS UTILITIES CO, FRONTIER COMMUNICATIONS CORP
SEC CIK
Corporate docs
Subsidiaries
Gemma Power Systems, LLC • Gemma Power Hartford, LLC • Gemma Power, Inc. • Gemma Power Systems California, Inc. • Southern Maryland Cable, Inc. • AGX International Limited • Atlantic Projects Company, Inc. • TRC Acquisition, LLC • Gemma Renewable Power, LLC • Gemma Plant Operations, LLC ...
IRS number
131947195
AGX stock data
Latest filings (excl ownership)
8-K
Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell
10 Oct 24
8-K
Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share
18 Sep 24
10-Q
2025 Q2
Quarterly report
5 Sep 24
8-K
Argan, Inc. Reports Second Quarter Fiscal 2025 Results
5 Sep 24
8-K
Argan, Inc. Announces Chief Financial Officer Retirement and Succession
21 Aug 24
8-K
Other Events
6 Aug 24
8-K
Results of Voting
20 Jun 24
8-K
Other Events
13 Jun 24
10-Q
2025 Q1
Quarterly report
6 Jun 24
8-K
Argan, Inc. Reports First Quarter Fiscal 2025 Results
6 Jun 24
Transcripts
AGX
Earnings call transcript
2025 Q2
5 Sep 24
AGX
Earnings call transcript
2025 Q1
6 Jun 24
AGX
Earnings call transcript
2024 Q4
11 Apr 24
AGX
Earnings call transcript
2024 Q3
6 Dec 23
AGX
Earnings call transcript
2024 Q2
6 Sep 23
AGX
Earnings call transcript
2024 Q2
1 Sep 23
AGX
Earnings call transcript
2024 Q1
8 Jun 23
AGX
Earnings call transcript
2024 Q1
8 Jun 23
AGX
Earnings call transcript
2023 Q4
12 Apr 23
Latest ownership filings
4
RAINER H BOSSELMANN
21 Oct 24
144
Notice of proposed sale of securities
17 Oct 24
4
Cynthia Flanders
27 Sep 24
4
RAINER H BOSSELMANN
24 Sep 24
4
William F. Leimkuhler
23 Sep 24
144
Notice of proposed sale of securities
23 Sep 24
4
William F Griffin Jr
18 Sep 24
144
Notice of proposed sale of securities
18 Sep 24
4
Richard H Deily
16 Sep 24
4
JAMES W QUINN
11 Sep 24
Financial summary
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Institutional ownership, Q2 2024
81.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 199 |
Opened positions | 66 |
Closed positions | 18 |
Increased positions | 54 |
Reduced positions | 55 |
13F shares | Current |
---|---|
Total value | 754.13 bn |
Total shares | 10.95 mm |
Total puts | 14.80 k |
Total calls | 65.30 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 1.25 mm | $91.16 bn |
River Road Asset Management | 780.82 k | $57.12 bn |
Vanguard | 755.46 k | $55.27 bn |
Dimensional Fund Advisors | 716.00 k | $52.38 bn |
Renaissance Technologies | 537.30 k | $39.31 bn |
Wellington Management | 501.11 k | $36.66 bn |
MIRAE ASSET GLOBAL ETFS | 489.20 k | $35.79 bn |
STT State Street | 337.93 k | $24.72 bn |
AltraVue Capital | 331.15 k | $24.23 bn |
American Century Companies | 305.30 k | $22.34 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Oct 24 | Bosselmann Rainer H | Common Stock | Sell | Dispose S | No | No | 130.1 | 10,105 | 1.31 mm | 219,879 |
18 Oct 24 | Bosselmann Rainer H | Common Stock | Sell | Dispose S | No | No | 130.44 | 6,761 | 881.90 k | 229,984 |
17 Oct 24 | Bosselmann Rainer H | Common Stock | Sell | Dispose S | No | No | 131.01 | 4,598 | 602.38 k | 236,745 |
25 Sep 24 | Cynthia Flanders | Common Stock | Sell | Dispose S | No | No | 96.3888 | 5,000 | 481.94 k | 17,332 |
23 Sep 24 | Leimkuhler William F. | Common Stock | Sell | Dispose S | No | No | 96.2 | 10,000 | 962.00 k | 35,852 |
23 Sep 24 | Bosselmann Rainer H | Common Stock | Option exercise | Acquire M | No | No | 54.6 | 2,822 | 154.08 k | 241,343 |
23 Sep 24 | Bosselmann Rainer H | Common Stock | Option exercise | Acquire M | No | No | 50.3 | 9,964 | 501.19 k | 238,521 |
23 Sep 24 | Bosselmann Rainer H | Common Stock | Option exercise | Acquire M | No | No | 64.25 | 8,678 | 557.56 k | 228,557 |
23 Sep 24 | Bosselmann Rainer H | Option to Purchase Common Stock Common Stock | Option exercise | Dispose M | No | No | 54.6 | 12,500 | 682.50 k | 4,166 |
23 Sep 24 | Bosselmann Rainer H | Option to Purchase Common Stock Common Stock | Option exercise | Dispose M | No | No | 50.3 | 40,000 | 2.01 mm | 16,666 |
News
Argan Boosts Quarterly Cash Dividend By 25% From $0.30 To $0.375 Per Share
18 Sep 24
Crude Oil Down 2%; Argan Shares Spike Higher
6 Sep 24
Nasdaq Down Over 400 Points; Braze Shares Tumble After Q2 Results
6 Sep 24
Quanex Building Products Posts Better-Than-Expected Results, Joins Zumiez, Guidewire Software, Smartsheet And Other Big Stocks Moving Higher On Friday
6 Sep 24
Why Argan Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket
6 Sep 24
Press releases
Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell
10 Oct 24
Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share
18 Sep 24
Argan, Inc. Reports Second Quarter Fiscal 2025 Results
5 Sep 24
Argan, Inc. to Attend the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference
29 Aug 24
Argan, Inc. to Announce Second Quarter Fiscal 2025 Results and Host Conference Call on Thursday, September 5, 2024
22 Aug 24