Louisbourg Investments Inc. Boosts Position in Stantec Inc. $STN

Louisbourg Investments Inc. raised its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 87.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 78,568 shares of the business services provider’s stock after purchasing an additional 36,563 shares during the period. Stantec comprises approximately 1.2% of Louisbourg Investments Inc.’s portfolio, making the stock its 23rd biggest holding. Louisbourg Investments Inc.’s holdings in Stantec were worth $6,779,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in STN. Allworth Financial LP raised its stake in shares of Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after buying an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd grew 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 valued at $32,000 after acquiring an additional 249 shares during the last quarter. Leonteq Securities AG acquired a new stake in Stantec in the 4th quarter valued at about $37,000. Tower Research Capital LLC TRC increased its holdings 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 valued at $55,000 after acquiring an additional 411 shares in the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in Stantec during the 4th quarter valued at about $57,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Up 2.0%

Shares of Stantec stock opened at $69.35 on Friday. The business has a 50-day moving average price of $78.86 and a 200 day moving average price of $88.37. Stantec Inc. has a fifty-two week low of $66.94 and a fifty-two week high of $114.51. The firm has a market cap of $7.91 billion, a P/E ratio of 22.23 and a beta of 0.98. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47.

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

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, June 30th. Stantec’s payout ratio is currently 22.44%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada increased their target price on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Stantec currently has an average rating of “Moderate Buy” and an average target price of $175.00.

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.