Core Viewpoint - Legence Corp. announced the full exercise of an underwriters' option to purchase an additional 1,260,326 shares of its Class A common stock at a public price of $45.00 per share, following a previously announced upsized secondary underwritten public offering of 8,402,178 shares by selling stockholders affiliated with Blackstone Inc. [1] Group 1: Offering Details - The offering consisted of a total of 9,662,504 shares of Common Stock after the underwriters' option was exercised [1] - Legence did not sell any shares in the offering and did not receive any proceeds from the sale of shares by the Selling Stockholders [2] - Goldman Sachs & Co. LLC and Jefferies acted as joint lead book-running managers for the offering, with several other firms participating as bookrunners and co-managers [3] Group 2: Regulatory Information - A registration statement on Form S-1 relating to these securities has been filed with and declared effective by the Securities and Exchange Commission [4] - The offering was made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933 [4] Group 3: Company Overview - Legence is a leading provider of engineering, consulting, installation, and maintenance services for mission-critical systems in buildings, specializing in HVAC, process piping, and other mechanical, electrical, and plumbing (MEP) systems [6] - The company enhances energy efficiency, reliability, and sustainability in both new and existing facilities, serving over 60% of the Nasdaq-100 Index among its clients [6]

Core Insights - KBR has been awarded a Technical Support Services Contract (TSSC) by the U.S. Geological Survey (USGS) with a ceiling of $350 million to provide advanced technical solutions for the Earth Resources Observation and Science (EROS) Center [1] - The contract will leverage cloud-native architectures, AI/ML, and advanced IT solutions to modernize USGS operations over a five-year period [2] - The upcoming Landsat Next satellite constellation, set to launch in 2030, will enhance Earth observation capabilities significantly, providing higher spatial resolution and global coverage every six days [3] Company Overview - KBR has a long-standing partnership with USGS, having collaborated for over 24 years, which highlights its expertise in Earth science and remote sensing [4] - The company employs approximately 37,000 people globally and operates in over 29 countries, serving customers in more than 80 countries [5]

Core Insights - Italian engineering group Saipem has secured a contract worth $425 million for the ongoing development of Turkey's largest offshore natural gas field [1] Company Summary - Saipem is an engineering company that specializes in the oil and gas sector, and this contract highlights its role in significant energy projects [1] Industry Summary - The contract reflects the growing importance of offshore natural gas fields in Turkey, indicating potential growth in the energy sector [1]

Group 1 - Bowman Consulting Group Ltd. (NASDAQ:BWMN) is recognized as a promising small-cap industrial stock priced under $50, with a bullish outlook from analysts [1] - Roth Capital analyst Jeff Martin has raised the price target for BWMN from $45 to $50, indicating an upside potential of over 45% for investors [1][2] - The stock has a consensus 1-year average price target of $45.75, suggesting a 35% upside potential from its current level, with all four analysts covering the stock issuing Buy ratings [3] Group 2 - The upward revision of the price target is attributed to Bowman Consulting Group's recent acquisition of RPT Alliance, aimed at expanding their power and utilities platform [2] - This strategic acquisition is expected to create growth opportunities and enhance the company's margins, justifying its premium valuation compared to peers [2] - Bowman Consulting Group Ltd. operates as a multi-disciplinary engineering services firm, providing innovative solutions in real estate, infrastructure, and energy sectors, including land planning, construction administration, and environmental management [4]

Core Viewpoint - WSP Global Inc. has successfully completed a bought deal public offering and a concurrent private placement, raising approximately $977.5 million to fund its acquisition of TRC Companies [1][4]. Group 1: Offering Details - The corporation issued 3,616,750 Offering Common Shares at a price of $232.80 per share, generating gross proceeds of approximately $842 million, which includes 471,750 shares from the over-allotment option [2]. - Additionally, 582,328 Placement Common Shares were issued through a concurrent private placement with La Caisse, raising approximately $136 million [3]. Group 2: Use of Proceeds - The net proceeds from the offering and private placement will partially fund the purchase price for the acquisition of TRC Companies, thereby reducing the amount to be drawn from new senior unsecured non-revolving term loans [4]. Group 3: Acquisition Timeline - The acquisition of TRC Companies is anticipated to be completed in the first quarter of 2026, pending customary closing conditions and regulatory approvals [5].

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Company Performance - Oceaneering International, Inc. (OII) has seen a 11.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Topgolf Callaway Brands Corp. (MODG) has experienced a significant 59% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - OppFi Inc. (OPFI) has recorded a 10.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Vista Energy, S.A.B. de C.V. (VIST) has seen a substantial 48.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

Core Viewpoint - Fluor Corporation has announced its decision to divest its Zhuhai Fabrication Yard located in China, indicating a strategic shift in its operational focus [1] Company Summary - The divestment of the Zhuhai Fabrication Yard is part of Fluor's broader strategy to streamline operations and focus on core business areas [1] - This move may reflect Fluor's response to changing market conditions and its commitment to optimizing its asset portfolio [1] Industry Summary - The decision to divest assets in China highlights the ongoing trends in the construction and engineering industry, where companies are reassessing their international operations [1] - The divestment could impact the competitive landscape in the region, as it may open opportunities for other firms to enter or expand in the Chinese market [1]

Core Insights - Oceaneering International, Inc. will host meetings with institutional investors at the Goldman Sachs Global Energy, CleanTech & Utilities Conference on January 6, 2026 [1] - The company provides engineered services, products, and robotic solutions across various industries including offshore energy, defense, aerospace, and manufacturing [2] Company Overview - Oceaneering is recognized as a global technology company [2] - The company focuses on delivering innovative solutions tailored to the needs of its diverse industry sectors [2]

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [2] - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [3] Value Score - The Value Style Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score focuses on a company's future prospects by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by assessing factors like one-week price changes and monthly earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth forecasts, and momentum, making it a strong indicator alongside the Zacks Rank [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +23.81%, significantly outperforming the S&P 500 [8] Stock Selection Strategy - Investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize upside potential [10] - Stocks with lower ranks, even with high Style Scores, may still face downward earnings forecasts, increasing the risk of price declines [11] Company Spotlight: KBR Inc. - KBR, Inc. is a global engineering and construction firm with operations in over 29 countries and customers in more than 80 countries [12] - KBR holds a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [12] - The company is projected to achieve year-over-year earnings growth of 13.8% for the current fiscal year, with upward revisions in earnings estimates [13]

Core Viewpoint - Bowman Consulting Group Ltd. is celebrating its acquisition of RPT Alliance, marking its entry into the bridging power engineering market, with a ceremonial bell ringing at the Nasdaq Stock Market on December 19, 2025 [1]. Company Overview - Bowman Consulting Group Ltd. is headquartered in Reston, Virginia, and operates as a national engineering services firm, providing infrastructure, technology, and project management solutions [3]. - The company employs over 2,500 individuals across more than 100 locations in the United States, offering a wide range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [3]. - Bowman trades on the Nasdaq under the ticker symbol BWMN [3].