Shares of Stantec Inc. (NYSE:STN – Get Free Report) (TSE:STN) hit a new 52-week low on Monday . The stock traded as low as $66.64 and last traded at $67.6070, with a volume of 385 shares traded. The stock had previously closed at $67.69.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on STN shares. Royal Bank Of Canada lifted their price objective on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Zacks Research downgraded shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Finally, ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $175.00.
View Our Latest Research Report on Stantec
Stantec Price Performance
Stantec (NYSE:STN – Get Free Report) (TSE:STN) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, equities analysts anticipate that Stantec Inc. will post 4.5 earnings per share for the current fiscal year.
Stantec Announces Dividend
The firm also recently announced 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. This represents a $0.98 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Stantec’s dividend payout ratio is currently 22.44%.
Institutional Investors Weigh In On Stantec
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STN. Allworth Financial LP increased its holdings in shares of Stantec by 223.9% during the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 206 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after purchasing an additional 249 shares in the last quarter. Leonteq Securities AG purchased a new stake in Stantec during the 4th quarter worth approximately $37,000. Tower Research Capital LLC TRC grew its position in Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after purchasing an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new stake in Stantec during the 4th quarter worth approximately $57,000. 63.86% of the stock is currently owned by hedge funds and other institutional investors.
Stantec Company 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.
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