Barclays Downgrades Montrose Environmental Group (NYSE:ONT) to Hold

Montrose Environmental Group (NYSE:ONT) was downgraded by research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Zacks Research raised shares of Montrose Environmental Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. cut their price objective on shares of Montrose Environmental Group from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Needham & Company LLC decreased their price objective on shares of Montrose Environmental Group from $28.00 to $23.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings reissued a “sell (d)” rating on shares of Montrose Environmental Group in a research note on Friday, May 29th. Finally, Wall Street Zen lowered Montrose Environmental Group from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $19.50.

Montrose Environmental Group Price Performance

NYSE:ONT opened at $16.87 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $609.68 million, a price-to-earnings ratio of -51.12, a price-to-earnings-growth ratio of 1.10 and a beta of 1.66. The company has a 50 day moving average price of $19.13 and a 200-day moving average price of $20.82. Montrose Environmental Group has a 1-year low of $12.68 and a 1-year high of $31.22.

Insiders Place Their Bets

In related news, CFO Allan Dicks acquired 6,535 shares of Montrose Environmental Group stock in a transaction on Monday, May 11th. The stock was bought at an average cost of $15.36 per share, for a total transaction of $100,377.60. Following the completion of the transaction, the chief financial officer owned 218,178 shares of the company’s stock, valued at approximately $3,351,214.08. The trade was a 3.09% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter Graham acquired 25,140 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were bought at an average cost of $17.19 per share, for a total transaction of $432,156.60. Following the completion of the acquisition, the director owned 256,689 shares of the company’s stock, valued at approximately $4,412,483.91. This represents a 10.86% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 36,535 shares of company stock worth $610,003 in the last three months. 10.40% of the stock is owned by corporate insiders.

Institutional Trading of Montrose Environmental Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new position in Montrose Environmental Group in the 3rd quarter valued at about $32,000. Canada Pension Plan Investment Board increased its stake in Montrose Environmental Group by 533.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,900 shares of the company’s stock worth $42,000 after buying an additional 1,600 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Montrose Environmental Group by 95.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,085 shares of the company’s stock worth $68,000 after buying an additional 1,508 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Montrose Environmental Group during the fourth quarter valued at approximately $75,000. Finally, Assetmark Inc. acquired a new position in shares of Montrose Environmental Group during the fourth quarter valued at approximately $84,000. Hedge funds and other institutional investors own 87.87% of the company’s stock.

Montrose Environmental Group News Summary

Here are the key news stories impacting Montrose Environmental Group this week:

• Positive Sentiment: Needham & Company maintained a buy rating while reducing its price target from $28 to $23. The revised target still implies approximately 36% upside from the referenced share price, suggesting the firm sees meaningful recovery potential. Benzinga
• Neutral Sentiment: Conestoga Capital Advisors’ second-quarter 2026 investor letter discussed resilience at Montrose Environmental Group amid declining revenue and highlighted improving investor interest in small-cap stocks. The commentary may provide some longer-term support, but it does not represent a new company announcement or earnings catalyst. Onterris’ Resilience Amid Revenue Decline
• Negative Sentiment: Barclays downgraded ONT from “strong-buy” to “hold” and lowered its price target from $19 to $15. The target is below the referenced market price, indicating reduced confidence in near-term upside. Barclays rating update
• Negative Sentiment: Bank of America lowered Montrose Environmental Group from “neutral” to “underperform,” reinforcing concerns about the company’s outlook. Bank of America rating downgrade
• Negative Sentiment: The stock reached a new 52-week low following the analyst downgrade, signaling continued technical weakness and potentially prompting additional caution among investors. ONT hits a 52-week low
• Negative Sentiment: Barclays also reaffirmed an “equal weight” rating while cutting its price target from $19 to $15, adding to the series of recent target reductions. Barclays price target update

About Montrose Environmental Group

Montrose Environmental Group (NYSE: MEG) is a global provider of environmental technical and monitoring services, delivering solutions for site assessment, remediation, compliance and long-term environmental stewardship. The company serves a broad range of industries, including energy, manufacturing, chemicals, mining and government agencies, supporting clients with risk management strategies, regulatory permitting and environmental permitting.

Montrose’s core offerings encompass environmental consulting, engineering design, field sampling and laboratory analysis, plus innovative digital monitoring platforms.