Douglas Reynolds Buys 4,809 Shares of Energy Services of America (NASDAQ:ESOA) Stock

Energy Services of America Co. (NASDAQ:ESOA) President Douglas Reynolds bought 4,809 shares of the stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $13.26 per share, for a total transaction of $63,767.34. Following the acquisition, the president directly owned 1,481,270 shares in the company, valued at approximately $19,641,640.20. The trade was a 0.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Energy Services of America Stock Up 4.8%

Shares of NASDAQ ESOA opened at $14.49 on Wednesday. Energy Services of America Co. has a 12 month low of $7.64 and a 12 month high of $15.84. The business’s 50 day moving average is $12.13 and its two-hundred day moving average is $10.46.

Energy Services of America (NASDAQ:ESOA) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.05. The business had revenue of $114.11 million during the quarter, compared to the consensus estimate of $97.70 million.

Energy Services of America Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, March 31st. Energy Services of America’s payout ratio is currently 65.57%.

Trending Headlines about Energy Services of America

Here are the key news stories impacting Energy Services of America this week:

• Positive Sentiment: Company president Douglas V. Reynolds bought shares in two filings (1,500 shares at ~$13.04 on Mar 19 and 4,809 shares at ~$13.26 on Mar 20), signaling insider confidence. Insider Trades Alert
• Positive Sentiment: The company announced a $0.03 quarterly dividend (record Mar 31; pay Apr 15), supporting income-oriented investor demand. Dividend & Company Summary
• Positive Sentiment: Recent quarterly results (Feb 9) beat estimates — $0.16 EPS vs. $0.11 consensus and revenue $114.1M vs. $97.7M — providing fundamental support for the rally. Earnings Report
• Positive Sentiment: Several hedge funds increased stakes (Needham, Millennium, Geode, Balyasny), indicating institutional accumulation in recent quarters. Institutional Holdings
• Neutral Sentiment: Short-interest reporting is inconsistent in recent feeds (some entries show zero or NaN while another shows 633,979 shares as of Mar 13, down ~13% from Feb 26). The conflicting data make it hard to conclude whether short-covering is materially affecting the move.
• Negative Sentiment: Overall institutional ownership is reported low (~2.13%), which can limit sustained institutional-driven momentum and trading liquidity. Institutional Ownership Detail
• Negative Sentiment: Payout ratio (~65.6%) is relatively high for a small-cap industrial, which could constrain reinvestment capacity if revenue growth slows. Dividend & Payout Info

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Energy Services of America in a report on Monday, December 29th. Wall Street Zen upgraded Energy Services of America from a “hold” rating to a “strong-buy” rating in a research note on Saturday, February 14th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Energy Services of America currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mackenzie Financial Corp boosted its holdings in Energy Services of America by 41.2% during the fourth quarter. Mackenzie Financial Corp now owns 20,856 shares of the company’s stock valued at $167,000 after purchasing an additional 6,086 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Energy Services of America in the 4th quarter worth approximately $159,000. Wellington Management Group LLP lifted its position in shares of Energy Services of America by 31.8% during the 4th quarter. Wellington Management Group LLP now owns 19,162 shares of the company’s stock worth $157,000 after buying an additional 4,627 shares during the period. Man Group plc lifted its position in shares of Energy Services of America by 15.7% during the 4th quarter. Man Group plc now owns 16,770 shares of the company’s stock worth $137,000 after buying an additional 2,278 shares during the period. Finally, Trexquant Investment LP acquired a new stake in Energy Services of America in the 4th quarter valued at $86,000. Institutional investors own 2.13% of the company’s stock.

Energy Services of America Company Profile

Energy Services of America, Inc (NASDAQ: ESOA) is a provider of natural gas compression equipment and services to energy producers, pipeline operators, and landowners across North America. The company designs, manufactures, and distributes compression systems tailored to meet the needs of natural gas gathering, processing and transmission applications. Its offerings include the sale, lease, and repair of both new and reconditioned compression units, as well as aftermarket parts and field services that support ongoing system performance and reliability.

In addition to core compression services, Energy Services of America delivers turnkey solutions for pipeline operators and gas processors.