MYR Group Inc. will participate in the KeyBanc Taking Charge: Energy Transition Symposium in September. The event is only available to KeyBanc clients, and MYR Group's CEO and CFO will virtually meet with institutional investors on September 18. The company provides electrical installation services through its Transmission & Distribution and Commercial & Industrial segments, with customers including investor-owned utilities, cooperatives, and general contractors.
MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure and commercial and industrial construction markets in the United States and Canada, has announced its participation in the KeyBanc Taking Charge: Energy Transition Symposium. The event, scheduled for Thursday, September 18, 2025, will be attended virtually by the company's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, who will meet with institutional investors. The symposium is exclusive to KeyBanc clients.
MYR Group operates through two primary business segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I). The T&D segment focuses on electric transmission and distribution networks, substation facilities, clean energy projects, and electric vehicle charging infrastructure. The C&I segment provides services for commercial and industrial wiring, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure.
The company's T&D segment is expected to benefit from accelerating utility capital expenditure plans and potential large-scale transmission project awards. The C&I segment, while diversified, carries structurally lower margins of 4–6%. Jefferies, a brokerage firm, has initiated coverage on MYR Group with a “hold” rating and a $202 price target, citing strong fundamentals and sector tailwinds but limited upside at current valuations [2].
MYR Group's participation in the KeyBanc event is an opportunity for investors to gain insights into the company's growth prospects and strategic initiatives. The event is expected to provide a platform for MYR Group to discuss its financial performance, future growth plans, and the impact of the energy transition on its business.
References:
[1] https://www.stocktitan.net/news/MYRG/myr-group-inc-to-participate-in-key-banc-taking-charge-energy-i4gys8tkmkv6.html
[2] https://finance.yahoo.com/news/jefferies-starts-myr-group-hold-121554345.html
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