Intech Investment Management LLC Grows Stake in Stantec Inc. $STN

Intech Investment Management LLC lifted its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 1,678.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,962 shares of the business services provider’s stock after purchasing an additional 88,678 shares during the period. Intech Investment Management LLC owned about 0.08% of Stantec worth $8,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Geode Capital Management LLC increased its stake in shares of Stantec by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 1,058,720 shares of the business services provider’s stock worth $100,355,000 after purchasing an additional 68,978 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Stantec by 11.1% during the fourth quarter. Legal & General Group Plc now owns 892,069 shares of the business services provider’s stock worth $84,290,000 after purchasing an additional 89,172 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Stantec by 357.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 11,616 shares of the business services provider’s stock worth $1,096,000 after purchasing an additional 9,076 shares in the last quarter. Leonteq Securities AG purchased a new stake in shares of Stantec during the fourth quarter worth about $37,000. Finally, Harvest Portfolios Group Inc. increased its stake in shares of Stantec by 18.5% during the fourth quarter. Harvest Portfolios Group Inc. now owns 3,698 shares of the business services provider’s stock worth $349,000 after purchasing an additional 578 shares in the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Wall Street Zen raised shares of Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings cut shares of Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Stantec currently has an average rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Performance

STN opened at $75.54 on Friday. The firm has a market capitalization of $8.62 billion, a PE ratio of 24.21 and a beta of 1.06. Stantec Inc. has a twelve month low of $72.46 and a twelve month high of $114.51. The firm’s 50-day moving average price is $85.30 and its 200 day moving average price is $92.15. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. Stantec had a net margin of 5.92% and a return on equity of 19.37%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts expect that Stantec Inc. will post 4.5 EPS for the current fiscal year.

Stantec Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. Stantec’s payout ratio is presently 23.08%.

Stantec Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.