Argan Inc (AGX)

Nov 9, 2026

Elite Wealth Management Inc. significantly increased its stake in Argan, Inc. (NYSE:AGX) during the third quarter, adding 12,875 shares to hold a total of 22,348 shares valued at approximately $8.45 million. This increase makes Argan the fund's 15th largest holding, comprising about 1.6% of its portfolio. Argan recently reported strong quarterly earnings, beating analyst expectations, and also raised its quarterly dividend from $0.50 to $0.70 per share, with an average analyst price target of $509.

Nov 6, 2026

Mirae Asset Global Investments Co. Ltd. has acquired a new position in Argan, Inc. (NYSE:AGX), purchasing 12,640 shares valued at approximately $4.78 million, representing about 0.09% of the company. This comes as Argan reported strong quarterly results, exceeding earnings and revenue expectations, and increased its quarterly dividend. Despite a recent 10.6% decline in share price, analysts maintain a "Moderate Buy" rating with an average price target of $509.

Nov 4, 2026

Argan (AGX) shares declined despite reporting record fiscal second-quarter results, as investors focused on a decrease in the company's backlog to $2.5 billion from $2.9 billion and industrial segment margins that fell short of expectations due to cost overruns. Polen Capital's Q3 2026 investor letter noted Argan's underperformance, although it still recognizes the company's role in engineering, procurement, and construction services for power generation and renewable energy markets.