IES Holdings, Inc. (IESC) Stock Price & Analysis
IES Holdings, Inc. (IESC) closed at USD 220.75 on Thursday, October 22, 2026, down 6.70% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 220.75; the Oct 22, 2026 session ranged USD 218–233.59 on volume of 477,512 shares. Market capitalization is —, with a 52-week range of USD 170.07–408.26 (NGM). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/IESC.md
Key facts (IESC)
- Last four reported quarters (through Jun 30, 2026): revenue $3.99B, net income $452M (11.3% margin), free cash flow $228M (SEC filings).
- Valuation: P/E 20.7x (avg 19.1x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold IESC (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $147M; 8 not under a Rule 10b5-1 plan ($147M); 4 by opportunistic insiders (4 outside 10b5-1 plans), 4 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 440 (range 440–440).
- Total return with dividends: 1Y +16.1% vs S&P 500 +14.9%; 5Y +801.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-20, EPS estimate USD 2.81, revenue estimate $1.15B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IESC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.54B | $2.17B | $2.38B | $2.88B | $3.37B | $3.99B |
| Gross profit | $288M | $319M | $445M | $697M | $859M | — |
| Operating income | $85.6M | $56.0M | $160M | $301M | $384M | $493M |
| Net income | $66.7M | $34.8M | $108M | $219M | $306M | $452M |
| EPS (diluted) | $1.57 | $0.72 | $2.27 | $4.95 | $7.51 | — |
| Free cash flow | $30.5M | -$13.0M | $136M | $189M | $219M | $228M |
| Gross margin | 18.7% | 14.7% | 18.7% | 24.2% | 25.5% | — |
| Operating margin | 5.6% | 2.6% | 6.7% | 10.4% | 11.4% | 12.4% |
| Net margin | 4.3% | 1.6% | 4.6% | 7.6% | 9.1% | 11.3% |
| Revenue growth | +29.0% | +41.0% | +9.7% | +21.3% | +16.9% | — |
| Cash + short-term investments | $23.1M | $24.8M | $75.8M | $136M | $232M | — |
| Total debt | $39.7M | $81.6M | $0K | $0K | $0K | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (IESC)
P/E 20.7x · P/S 2.4x · P/FCF 41.0x · P/B 7.6x · FCF yield 2.44% · Earnings yield 4.83% · Buyback yield (TTM) 0.21%
P/E at fiscal year-ends: Sep 2025 26.2x, Sep 2024 18.6x, Sep 2023 12.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (IESC)
1 of 80 tracked investors hold IESC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.05% | $5.3M | Reduced -39.1% |
Insider sales (SEC Form 4, open-market, last ~7 months) (IESC)
0 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-12 | Gendell Jeffrey L Et Al | Executive Chairman | 46,720 | $35.3M | 0.4% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-12 | Cleveland Todd M | Director | 5,000 | $3.8M | 7.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-26…2026-05-27 | Gendell Jeffrey L Et Al | Executive Chairman | 32,365 | $22.8M | 0.3% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-13…2026-05-14 | Gendell Jeffrey L Et Al | Executive Chairman | 54,361 | $37.7M | 0.5% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-08 | McLauchlin Tracy | SVP & CFO | 3,000 | $2.0M | 4.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-06…2026-05-08 | Cleveland Todd M | Director | 12,500 | $8.3M | 16% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-06…2026-05-08 | Gendell Jeffrey L Et Al | Executive Chairman | 47,156 | $31.9M | 0.4% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-05 | Simmes Matthew J | President and CEO | 7,000 | $4.6M | 7.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (IESC)
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 440 (low 440, high 440).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-11 | Freedom Broker | Upgrade | Hold → Buy | $440 |
Total return (dividends reinvested) (IESC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +16.1% | +801.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +16.1% | +55.1% |
| Volatility (annualized) | 75.0% | 55.1% |
| Max drawdown | -44.4% (Aug 2026→Oct 2026) | -52.2% (Nov 2021→Sep 2022) |
IESC revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Communications | $453.1M | 36.5% | +51.4% |
| Residential | $324.1M | 26.1% | -6.3% |
| Commercial and Industrial | $241.4M | 19.4% | +109.1% |
| Infrastructure Solutions | $224.1M | 18.0% | +73.1% |
| Total revenue | $1.24B | 100% | — |
IESC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Custom Engineered Solutions | $179.5M | 14.4% | +69.7% |
| Single Family Electrical Contracts | $151.4M | 12.2% | -11.9% |
| Single Family Contracts Plumbing HVAC | $97.2M | 7.8% | +12.6% |
| Multi Familyand Other | $75.5M | 6.1% | -14.2% |
| Industrial Services | $44.6M | 3.6% | +88.2% |
| Total revenue | $1.24B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
IESC company outlook (results filed Jul 31, 2026)
- “We are investing in repositioning each of these underutilized operations, and expect them to make a meaningful contribution to our results beginning in fiscal 2027.”
- “The segment's operating income increased to $83.6 million for the third quarter of fiscal 2026, compared with $47.8 million for the third quarter of fiscal 2025, reflecting the increase in revenue and strong project execution.”
- “The increase in revenue for the third quarter of fiscal 2026 was driven by an expansion of our capabilities in the data center end market, which allowed us to increase the size and number of projects we executed.”
Quoted word-for-word from the SEC 8-K results press release.
IESC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.81 | $2.46 | +14.5% | $1.15B | 1 |
| Next quarter (ends Dec 2026) | $2.68 | $2.48 | +8.3% | $1.12B | 1 |
| Current fiscal year (ends Sep 2026) | $11.57 | $9.85 | +17.5% | $4.24B | 1 |
| Next fiscal year (ends Sep 2027) | $13.51 | $11.10 | +21.7% | $6.28B | 1 |
IESC options: expected move
Options price a move of about ±20.0% (±$43.90) by Nov 20, 2026, which includes earnings on Nov 20, 2026. Over the last 8 reports the stock moved ±9.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 88.1% | ±20.0% |
| Dec 18, 2026 | 56 | 88.1% | ±28.0% |
| Jan 15, 2027 | 84 | 78.3% | ±30.3% |
| Apr 16, 2027 | 175 | 75.0% | ±41.7% |
30-day implied volatility 91.9% vs 56.9% realized over the last 30 trading days. Put/call ratio (volume) 0.11. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 220.75 |
|---|---|
| Change | ▼ 6.70% (down) |
| Previous Close | USD 220.75 |
| Open | USD 220.75 |
| Day Range | USD 218 – 233.59 |
| 52-Week Range | USD 170.07 – 408.26 |
| Volume | 477,512 shares |
| Market Cap | — |
| Exchange | NGM |
Technical Analysis (IESC)
Nexqual's technical model rates IESC "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 20.46 (oversold) |
| vs SMA50 | Below (USD 315.33) |
| MACD | -24.31 (negative) |
Analyst Ratings (IESC)
Wall Street analysts rate IESC "Buy" based on 1 analysts, with a mean price target of USD 440 (range USD 440–440), per Nexqual as of October 23, 2026 at 09:21 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 440 |
| High Target | USD 440 |
| Low Target | USD 440 |
| Buy / Hold / Sell | 1 / 0 / 0 |
Earnings (IESC)
| Next Earnings Date | 2026-11-20 |
|---|---|
| Revenue Estimate | $1.15B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.79 vs est 2.42 ▲ beat |
| 2026-03-31 | USD 2.72 vs est 1.98 ▲ beat |
| 2025-12-31 | USD 2.26 vs est 1.97 ▲ beat |
| 2025-09-30 | USD 2.5 vs est 1.56 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (IESC)
| Total Revenue | $3.99B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +39.60% |
| Gross Margin | +26.30% |
| Operating Margin | +14.36% |
| Profit Margin | +11.44% |
| ROE | +44.52% |
| Debt / Equity | 0.06 |
| Current Ratio | 1.63 |
| Total Cash | $387.86M |
| Total Debt | $76.94M |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Ownership (IESC)
| Insider Ownership | +3.03% |
|---|---|
| Institutional Ownership | +97.31% |
| Shares Outstanding | 42.40M |
| Float | 18.49M |
| Short % of Float | +10.17% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Leadership (IESC)
IES Holdings, Inc. is led by Matthew J. Simmes, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:21 UTC.
| CEO, President & Director | Matthew J. Simmes |
|---|---|
| Executive Chairman | Jeffrey Lund Gendell |
| Senior VP, CFO & Treasurer | Tracy A. McLauchlin |
| Vice President of Finance & Corporate Development | William A. Albright |
Major Backers & Investors (IESC)
Notable institutional backers of IES Holdings, Inc. include FMR, LLC, Fidelity, First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc, according to Nexqual as of October 23, 2026 at 09:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 22.54% |
| Fidelity | 8.5% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 5.48% |
| First Trust Advisors LP | 3.48% |
| Capital International Investors | 2.06% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.87% |
| Vanguard Group | 7.85% |
| Dimensional Fund Advisors | 4.22% |
| State Street | 2.75% |
| Geode Capital | 2.68% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From IES Holdings, Inc.'s Latest SEC 10-K Filing (filed 2025-11-21)
Key Strengths & Strategy (as disclosed to the SEC)
- Our Infrastructure Solutions segment provides electro-mechanical solutions for industrial operations to domestic and international customers.
- Our Infrastructure Solutions segment is comprised of 15 locations in Alabama, Georgia, Illinois, Indiana, Ohio, Oklahoma, Pennsylvania, South Carolina, West Virginia, and Wisconsin, and is headquartered in Massillon, Ohio.
- Regarding our apparatus repair services, the majority of our customers are located within a 200-mile radius of our facilities, and we believe that the locations of our facilities allow us to rapidly address and respond to the needs of our customers.
- Not all of our work is performed under contracts included in backlog; for example, most of the apparatus repair work that is completed by our Infrastructure Solutions segment is performed under master service agreements on an as-needed basis.
Partnerships
- Our custom-engineered power distribution, bus system and generator enclosure products and services are principally sold in partnership with an original equipment manufacturer ("OEM") or to an engineering, procurement and construction firm on behalf of the end-user.
- Our Communications segment has entered into a partnership with the U.S.
Legal & Regulatory Risks (Item 1A, quoted)
- Litigation and claims can cause unexpected losses.
- Regulatory requirements could result in significant compliance costs and liabilities.
- Compliance with current and future environmental laws and regulations, including those relating to climate change, could adversely impact our business.
- Changes in tax positions or changes in tax laws may adversely affect our results.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TTEK | Tetra Tech, Inc. | USD 36.81 | ▲ 5.02% |
| STRL | Sterling Infrastructure, Inc. | USD 372.83 | ▼ 9.72% |
| STN | Stantec Inc | USD 72.77 | ▲ 3.63% |
| ACM | AECOM | USD 60.83 | ▲ 2.25% |
| ACA | Arcosa, Inc. | USD 149.15 | ▲ 0.08% |
| DY | Dycom Industries, Inc. | USD 225.16 | ▼ 5.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
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