Driehaus Capital Management 13F: Adds $4.8M to MYR (MYRG) Stake
An institutional filing shows Driehaus Capital Management boosted its stake in MYR Group Inc. by 4.2% during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Driehaus Capital Management added 9,530 shares to its stake in MYR Group Inc. ($MYRG), a 4.17% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 238,185 shares worth $119.19 million at the end of the quarter.
Since the filing, $MYRG is down 4.4% after 1 week, down 3.8% after 1 month and down 40.1% to date (from the $467.46 close on May 15, 2026).
Find the original: Driehaus Capital Management 13F filings on SEC EDGAR
MYRG
MYR Group Inc.
Key Points
- Driehaus Capital Management boosted its stake in MYR Group Inc. (NasdaqGS: MYRG) by 4.2%, adding 9,530 shares during the period.
- The fund finished the reporting window with 238,185 shares valued at roughly $119.2 million according to its Form 13F filing.
- Wall Street firms including Stifel, Jefferies, and Goldman Sachs have recently updated their ratings and price targets on the stock.
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Driehaus Capital Management Raises Stake in MYR Group Inc.
Driehaus Capital Management lifted its position in MYR Group Inc. (NasdaqGS: MYRG) during the reporting period, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position.
Position Changes in MYR Group Inc.
The fund added 9,530 shares to its portfolio, representing a 4.2% increase from its prior holding. That brought Driehaus Capital Management's total count to 238,185 shares. Based on the market price during the period, the stake carried a reported value of about $119.2 million.
MYR Group Inc. Stock Performance
Shares of MYR Group Inc. have traded near the upper boundary of their 52-week range, reaching a high of $503.57 alongside a low of $190.14. The stock trades with a trailing price-to-earnings ratio of 27.1, while its forward P/E sits at 19.6. Institutional filings capture past positioning and do not necessarily reflect current portfolio adjustments.
Analysts Set New Price Targets
Wall Street research firms have recently reviewed their positions on the engineering and construction contractor. On October 8, 2026, Stifel maintained a Buy rating on the stock while adjusting its price target to $393.00 from $445.00. Earlier, on October 6, 2026, Jefferies upgraded the stock to a Buy rating with a $370.00 price target. Goldman Sachs maintained a Neutral rating on August 13, 2026, setting a $422.00 target. The stock currently carries a consensus buy recommendation and a mean price target of $400.20 across five analyst opinions.
Electrical Construction Services Across North America
Headquartered in Thornton, Colorado, MYR Group Inc. operates through subsidiaries to deliver electrical construction services across the United States and Canada. The company focuses on transmission and distribution networks as well as commercial and industrial installations for utilities, developers, and government agencies. This infrastructure work connects directly to ongoing grid modernization and clean energy projects.
What to Watch Next for MYR Group Inc.
Investors tracking MYR Group Inc. will look toward upcoming SEC disclosures and operational updates to gauge sector demand. Because 13F filings are backward-looking snapshots, they show historical positioning rather than real-time trading activity. Additional reports from institutional investors will provide a clearer picture of broader fund sentiment toward the company.
Related Filing Alerts
Source: Driehaus Capital Management's 13F filing on $MYRG (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Driehaus Capital Management 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts