IES Holdings

IES Holdings reported strong revenue and margin growth driven by high demand from data centers, manufacturing and infrastructure projects, while the residential real estate business remains pressured by high financing costs and weak construction activity. For fiscal 2025 the company reported about $3.4bn in revenue, operating income of $384m and adjusted EPS of $13.66; operating margin rose to over 11%. The company is planning the largest acquisition in its history: the purchase of DBM Global for around $650m, which would add 3,400 employees and a fifth segment. Management sees short‑term leadership strength in the communications segment and expects further growth in Infrastructure Solutions and continued strength in commercial and industrial, while the residential segment will remain weak for now. » Mere på de.investing.com

IES Holdings announced the acquisition of DBM Global from INNOVATE Corp. for about $650 million in cash and common stock; DBM generated roughly $1.3 billion in revenue in the twelve months through March 2026. The company reported third-quarter adjusted EPS of $6.70 (vs. $3.92) and revenue up 40% to $1.243 billion, driven by strong demand in the data center business. The board approved a 2-for-1 stock split in the form of a 100% stock dividend with an ex-date of August 24, 2026. The announcements and the positive market backdrop are supporting the share price, which rose further in premarket trading and is trading near its 52-week high. » Mere på de.investing.com

IES Holdings has agreed to acquire DBM Global from INNOVATE for approximately $650 million; the deal will be financed with cash and IES common stock and supported by an expanded credit facility arranged by Wells Fargo. DBM Global, headquartered in Phoenix, generated about $1.3 billion in revenue for the twelve months ended March 31, 2026, and employs roughly 3,400 people; its platform includes brands such as Schuff Steel and Banker Steel. Upon closing, DBM Global will be integrated into IES as a new Structural business unit; the total consideration is about $685 million, IES will initially acquire approximately 91.2%, and the transaction is expected to close in the quarter ending December 31, 2026, subject to regulatory approvals. » Mere på de.investing.com

The shares of IES Holdings rose to a new all-time high of $804.0 and have gained roughly 132.3% over the past year; market capitalization is now about $15.64 billion. For the third quarter, the company reported adjusted earnings per share of $6.70 on revenue of $1.24 billion, markedly beating analysts' expectations. Despite the strong operating figures, an InvestingPro analysis rates the stock as overvalued (P/E 35.18), but notes high liquidity and solid returns over various time horizons. » Mere på de.investing.com

IES Holdings materially beat expectations in the third quarter ended June 30, 2026: revenue rose to $1.24 billion (+40% y/y), operating income to $178.5 million (+60%) and net income attributable to IES to $153.0 million (+98%). Adjusted diluted EPS was $6.70, well above the consensus of $4.51. Growth was driven by strong demand for data center infrastructure (Communications +51%, Infrastructure Solutions +73%); backlog grew to about $4.5 billion. The board approved a 2:1 stock split as a stock dividend for shareholders with a record date of August 14, 2026, payable after market close on August 21, 2026. » Mere på de.investing.com