LGN

Legence Corp.

Nasdaq · Construction - Special Trade Contractors · Inc. DE · CIK 0002052568
$85.11 -0.37% $9.2B
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)29 New Institutional Positions9 Institutional Exits
Vol
Market Cap$9.2B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (91%)
Inst. Holders50 funds
Inst. Value$3.2B
Inst. Activity29 buys / 9 sells
Insider Activity0B / 2S
Insider Net $-$1.0B
SEC Reports9
Press Releases3
Congressional1 trades
Exchange Nasdaq·Sector Construction - Special Trade Contractors·Inc. DE·CIK 0002052568·Prev Close $85.43

Recent Activity

Jun 11, 2026 SEC
Legence Corp. filed an 8-K reporting results from its 2026 Annual Meeting of Stockholders. Stockholders approved the 202
8-K — Impact 2/10
Jun 11, 2026 SEC
Legence Corp. (LGN) saw significant net institutional buying in Q4 2025, with four mega-passive funds (Vanguard, BlackRo
INST-CLUSTER — Impact 4/10
Jun 11, 2026 Insider
Kelly Christie B. was granted 1,675 shares
Director
Jun 11, 2026 Insider
Keenen Terrence was granted 1,675 shares
Director
Jun 8, 2026 other
Legence Announces Improved Term Loan Pricing on Credit Rating Upgrade
<p align="justify">SAN JOSE, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN)
May 14, 2026 SEC
Legence Corp. reported Q1 2026 revenue of $1.04B (+105% YoY, +57% organic ex-Bowers) and GAAP diluted EPS of $0.13, beat
8-K — Impact 7/10
Apr 9, 2026 Insider
Blackstone EMA III L.L.C. disposed of 9,528,699 shares
10%+ Owner
Inst.
FMR LLC — TRIM
2,958,359 shares ($167.0M)

Price Targets

$105.24 +23.0% upside Strong Buy
Current $85.57 Low $60.00 Median $106.00 High $125.00 17 analysts
$60.00 $125.00

Analyst Ratings

Strong Buy91% buy · 22 analysts
8Strong Buy
12Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 19, 2026 Tigress Financial MAINTAIN Buy → Buy
May 19, 2026 Barclays MAINTAIN Equal-Weight → Equal-Weight
May 15, 2026 BMO Capital MAINTAIN Outperform → Outperform
May 14, 2026 BTIG MAINTAIN Buy → Buy
Apr 29, 2026 Loop Capital INITIATE Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.33 ▲ +48.5% $0.03 — $0.53 8
Next Q $0.37 ▲ +27.0% $0.25 — $0.56 126% YoY 8
Current FY $1.46 ▲ +37.6% $0.98 — $2.40 8
Next FY $1.77 ▲ +28.5% $0.93 — $2.93 22% YoY 12

Top Institutional Holders

FundValueMove
Blackstone Inc.$1.4B
JANUS HENDERSON GROUP PLC$245.2MDOUBLED
FMR LLC$167.0MTRIM
BlackRock, Inc.$149.5MDOUBLED
FRANKLIN RESOURCES INC$130.6MADD

Recent Insider Trades

DateInsiderTypeValue
Jun 11, 2026Kelly ChristieA$0.00
Jun 11, 2026Keenen TerrenceA$0.00
Apr 9, 2026Blackstone EMAC$0.00
Apr 9, 2026Legence ParentC$0.00
Apr 9, 2026Legence ParentC$0.00

Congressional Trades

1 members: 1 buys, 0 sells
MemberPartyTypeAmount
Gilbert CisnerosDBUY$1,001 - $15,000
50 institutional holders with $3.2B total value (57,157,581 shares) as of 2026-Q1. Top holders: Blackstone, JANUS, FMR. Net buying activity: 29 institutions added/increased vs 9 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1Blackstone Inc.25,341,365$1.4B44.3%
2JANUS HENDERSON GROUP PLC4,341,989$245.2M7.6%DOUBLED +128.4%
3FMR LLC2,958,359$167.0M5.2%TRIM -26.2%
4BlackRock, Inc.2,647,194$149.5M4.6%DOUBLED +4681360.4%
5FRANKLIN RESOURCES INC2,312,266$130.6M4.0%ADD +67.1%
6MASSACHUSETTS FINANCIAL SERVICES CO /MA/1,957,280$110.5M3.4%
7VANGUARD CAPITAL MANAGEMENT LLC1,514,674$85.5M2.6%
8VANGUARD PORTFOLIO MANAGEMENT LLC1,466,863$82.8M2.6%
9BAMCO INC /NY/1,245,682$70.3M2.2%
10BNP Paribas Asset Management Holding S.A.1,214,823$68.6M2.1%
11DRIEHAUS CAPITAL MANAGEMENT LLC914,566$51.6M1.6%ADD +33.2%
12LOOMIS SAYLES & CO L P900,657$50.9M1.6%ADD +89.7%
13STATE STREET CORP822,018$46.4M1.4%NEW
14MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.784,653$44.3M1.4%DOUBLED +4452.4%
15FEDERATED HERMES, INC.736,871$41.6M1.3%ADD +45.4%
16BANK OF AMERICA CORP /DE/680,217$38.4M1.2%DOUBLED +161.4%
17FRED ALGER MANAGEMENT, LLC661,335$37.3M1.2%ADD +34.9%
18HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND655,000$37.0M1.1%DOUBLED +285.7%
19RENAISSANCE TECHNOLOGIES LLC579,700$32.7M1.0%ADD +87.6%
20CI INVESTMENTS INC.567,092$32.0M1.0%TRIM -28.1%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FMR LLCTRIM4,007,2352,958,359-26.2%$167.0M2026-Q1
FRANKLIN RESOURCES INCADD1,384,0772,312,266+67.1%$130.6M2026-Q1
DRIEHAUS CAPITAL MANAGEMENT LLCADD686,510914,566+33.2%$51.6M2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.DOUBLED17,236784,653+4452.4%$44.3M2026-Q1
FEDERATED HERMES, INC.ADD506,800736,871+45.4%$41.6M2026-Q1
BANK OF AMERICA CORP /DE/DOUBLED260,220680,217+161.4%$38.4M2026-Q1
FRED ALGER MANAGEMENT, LLCADD490,311661,335+34.9%$37.3M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD309,085579,700+87.6%$32.7M2026-Q1
CI INVESTMENTS INC.TRIM788,287567,092-28.1%$32.0M2026-Q1
MORGAN STANLEYDOUBLED146,114299,532+105.0%$16.9M2026-Q1
Nuveen, LLCDOUBLED79,762241,730+203.1%$13.6M2026-Q1
AMERIPRISE FINANCIAL INCNEW225,952$12.8M2026-Q1
Pictet Asset Management Holding SADOUBLED40,000179,842+349.6%$10.2M2026-Q1
Allspring Global Investments Holdings, LLCADD106,337176,251+65.7%$10.0M2026-Q1
FIRST TRUST ADVISORS LPDOUBLED30,279146,358+383.4%$8.3M2026-Q1
Mawer Investment Management Ltd.ADD85,338134,185+57.2%$7.6M2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbHADD86,713114,240+31.7%$6.4M2026-Q1
1832 Asset Management L.P.TRIM146,137105,300-27.9%$5.9M2026-Q1
SEI INVESTMENTS CODOUBLED44,886104,136+132.0%$5.9M2026-Q1
Mirae Asset Global Investments Co., Ltd.ADD73,86094,250+27.6%$5.3M2026-Q1
Russell Investments Group, Ltd.ADD57,22890,746+58.6%$5.1M2026-Q1
Hudson Bay Capital Management LPTRIM121,28885,434-29.6%$4.8M2026-Q1
Rockefeller Capital Management L.P.ADD59,46278,821+32.6%$4.5M2026-Q1
MARSHALL WACE, LLPNEAR_EXIT300,50273,153-75.7%$4.1M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.TRIM168,67371,783-57.4%$4.1M2026-Q1
11 unique insiders with 24 transactions. Net insider value: -$1.0B ($0.00 bought, $1.0B sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 11, 2026Kelly Christie B.DirectorAWARD1,675
Jun 11, 2026Keenen TerrenceDirectorAWARD1,675
Apr 9, 2026Blackstone EMA III L.L.C.10%+ OwnerCONVERT9,528,699
Apr 9, 2026Legence Parent ML LLC10%+ OwnerCONVERT9,528,699
Apr 9, 2026Legence Parent ML LLC10%+ OwnerCONVERT9,528,699
Apr 9, 2026Legence Parent ML LLC10%+ OwnerSELL9,528,699$54.00$514.5M
Apr 9, 2026Legence Parent ML LLC10%+ OwnerCONVERT9,528,699
Apr 9, 2026Blackstone EMA III L.L.C.10%+ OwnerSELL9,528,699$54.00$514.5M
Apr 9, 2026Blackstone EMA III L.L.C.10%+ OwnerCONVERT9,528,699
Apr 9, 2026Blackstone EMA III L.L.C.10%+ OwnerCONVERT9,528,699
Mar 16, 2026Hansen Stephen DaleChief Operating OfficerAWARD8,298
Mar 16, 2026Le Bris PhilippeChief Accounting OfficerAWARD3,610
Mar 16, 2026Hansen Stephen DaleChief Operating OfficerAWARD15,343
Mar 16, 2026Le Bris PhilippeChief Accounting OfficerAWARD1,952
Mar 16, 2026Seki BryceGeneral Counsel & SecretaryAWARD8,123
Mar 16, 2026Seki BryceGeneral Counsel & SecretaryAWARD4,393
Mar 16, 2026Barnes GregoryChief Human Resources OfficerAWARD4,393
Mar 16, 2026Sprau JeffreyChief Executive OfficerAWARD34,167
Mar 16, 2026Sprau JeffreyChief Executive OfficerAWARD63,177
Mar 16, 2026Barnes GregoryChief Human Resources OfficerAWARD8,123
Mar 16, 2026Butz Stephen MChief Financial OfficerAWARD9,762
Mar 16, 2026Butz Stephen MChief Financial OfficerAWARD18,051
Mar 16, 2026Schwartz JustinChief Strategy OfficerAWARD3,905
Mar 16, 2026Schwartz JustinChief Strategy OfficerAWARD7,220
Current analyst consensus: Strong Buy (91% buy). Based on 22 analysts: 8 strong buy, 12 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$105.24 mean target +23.0% upside Strong Buy (1.24)
$60.00 Low $125.00 High
MetricValue
Current Price$85.57
Target Low$60.00
Target Mean$105.24
Target Median$106.00
Target High$125.00
# Analysts17
RecommendationStrong Buy (1.24)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.33 $0.03 $0.53 +48.5% 4↑ 1↓ $1.1B 8
Next Q
2026-09-30
$0.37 $0.25 $0.56 125.6% +27.0% 5↑ 0↓ $1.1B 52.5% 8
Current FY
2026-12-31
$1.46 $0.98 $2.40 +37.6% 5↑ 1↓ $4.3B 67.3% 8
Next FY
2027-12-31
$1.77 $0.93 $2.93 21.5% +28.5% 6↑ 1↓ $4.8B 13.6% 12

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.329
7d ago$0.259+0.070
30d ago$0.221+0.107
60d ago$0.270+0.059
90d ago$0.270+0.059
10 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 19, 2026 Tigress Financial MAINTAIN Buy Buy
May 19, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
May 15, 2026 BMO Capital MAINTAIN Outperform Outperform
May 14, 2026 BTIG MAINTAIN Buy Buy
Apr 29, 2026 Loop Capital INITIATE Buy
Apr 21, 2026 GLJ Research INITIATE Buy
Apr 16, 2026 Tigress Financial MAINTAIN Buy Buy
Apr 16, 2026 Goldman Sachs MAINTAIN Buy Buy
Mar 31, 2026 Stifel MAINTAIN Buy Buy
Mar 30, 2026 Goldman Sachs MAINTAIN Buy Buy
Mar 30, 2026 RBC Capital MAINTAIN Outperform Outperform
Mar 30, 2026 Guggenheim MAINTAIN Buy Buy
Mar 30, 2026 BMO Capital MAINTAIN Outperform Outperform
Mar 27, 2026 BTIG MAINTAIN Buy Buy
Mar 27, 2026 Tigress Financial MAINTAIN Buy Buy
Mar 26, 2026 Guggenheim MAINTAIN Buy Buy
Jan 28, 2026 Goldman Sachs MAINTAIN Buy Buy
Jan 26, 2026 Stifel MAINTAIN Buy Buy
Jan 23, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Jan 22, 2026 Tigress Financial MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202681220091%
May 1, 202681120090%
Apr 1, 202681020090%
Mar 1, 20268920089%
Feb 1, 20268920089%
Jan 1, 20267820088%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 1 buys, 0 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Jan 15, 2026Gilbert CisnerosDHOUSEBUY$1,001 - $15,000LEGENCE CORPFeb 16, 2026 (33d)

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 8, 2026
other
Legence Announces Improved Term Loan Pricing on Credit Rating Upgrade
<p align="justify">SAN JOSE, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today provided an up
May 14, 2026
earnings
Legence Reports First Quarter 2026 Financial Results
<p align="center">Record Quarterly Revenues of $1.04 Billion, a 105% Increase from a Year Ago</p>
May 14, 2026
earnings_calendar
LGN Q1 2026 Earnings Scheduled — 2026-05-14
May 4, 2026
earnings
Legence Sets First Quarter 2026 Earnings Release Date and Webcast Schedule
<p align="justify">SAN JOSE, Calif., May 04, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that
Apr 9, 2026
offering
Legence Announces Closing of Upsized Secondary Underwritten Public Offering of Class A Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
<p align="justify">SAN JOSE, Calif., April 09, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced tha
Apr 8, 2026
offering
Legence Announces Pricing of Upsized Secondary Underwritten Public Offering of Class A Common Stock
<p align="justify">SAN JOSE, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced the
Apr 8, 2026
short_interest
FTD: LGN — 24,928 shares ($1.4M) failed to deliver
Settlement: 20260408, Price: $54.98, FTD Value: $1,370,541.44, LEGENCE CORP CL A
Apr 7, 2026
short_volume
Short Volume: LGN — 71.6% short (0.5M / 0.6M)
Short: 462,908 | Exempt: 0 | TRF Vol: 646,141 | Short Ratio: 71.6% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
offering
Legence Announces Secondary Underwritten Public Offering of Class A Common Stock
<p align="justify">SAN JOSE, Calif., April 06, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced tha
Apr 6, 2026
short_volume
Short Volume: LGN — 55.9% short (0.4M / 0.6M)
Short: 359,549 | Exempt: 625 | TRF Vol: 643,451 | Short Ratio: 55.9% | Off-exchange volume (dark pool + OTC)
Apr 1, 2026
short_interest
FTD: LGN — 16,854 shares ($1.0M) failed to deliver
Settlement: 20260401, Price: $56.46, FTD Value: $951,576.84, LEGENCE CORP CL A
Mar 31, 2026
short_volume
Short Volume: LGN — 56.7% short (0.3M / 0.6M)
Short: 321,007 | Exempt: 0 | TRF Vol: 565,883 | Short Ratio: 56.7% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
short_volume
Short Volume: LGN — 75.8% short (0.5M / 0.7M)
Short: 511,184 | Exempt: 0 | TRF Vol: 674,810 | Short Ratio: 75.8% | Off-exchange volume (dark pool + OTC)
Mar 27, 2026
earnings
Legence Reports Fourth Quarter and Year End 2025 Financial Results
<p align="center">Record Quarterly Revenues of $737.6 Million, a 34.6% Increase from a Year Ago</p>
Mar 27, 2026
short_volume
Short Volume: LGN — 79.3% short (0.9M / 1.2M)
Short: 916,382 | Exempt: 6,787 | TRF Vol: 1,155,843 | Short Ratio: 79.3% | Off-exchange volume (dark pool + OTC)