Mediolanum International Funds Ltd Makes New $965,000 Investment in Stantec Inc. $STN

Mediolanum International Funds Ltd acquired a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,401 shares of the business services provider’s stock, valued at approximately $965,000.

Several other large investors have also modified their holdings of the stock. Principal Financial Group Inc. raised its stake in Stantec by 5.5% during the 1st quarter. Principal Financial Group Inc. now owns 983,625 shares of the business services provider’s stock worth $84,763,000 after acquiring an additional 51,600 shares in the last quarter. Candriam S.C.A. boosted its stake in Stantec by 12.2% in the first quarter. Candriam S.C.A. now owns 38,806 shares of the business services provider’s stock valued at $3,344,000 after acquiring an additional 4,210 shares in the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Stantec by 459.4% during the first quarter. Y Intercept Hong Kong Ltd now owns 42,696 shares of the business services provider’s stock worth $3,689,000 after purchasing an additional 35,064 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Stantec by 1.2% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 29,501 shares of the business services provider’s stock worth $2,542,000 after purchasing an additional 347 shares during the last quarter. Finally, Louisbourg Investments Inc. increased its position in shares of Stantec by 87.0% during the first quarter. Louisbourg Investments Inc. now owns 78,568 shares of the business services provider’s stock worth $6,779,000 after purchasing an additional 36,563 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Trading Down 1.2%

NYSE STN opened at $68.29 on Wednesday. The firm’s fifty day moving average is $71.87 and its two-hundred day moving average is $85.22. Stantec Inc. has a one year low of $66.94 and a one year high of $114.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market cap of $7.68 billion, a PE ratio of 21.89 and a beta of 1.00.

Stantec (NYSE:STN) (TSE:STN) last announced its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.02. Stantec had a net margin of 5.92% and a return on equity of 19.37%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Analysts expect that Stantec Inc. will post 4.43 earnings per share for the current year.

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is presently 22.12%.

Analysts Set New Price Targets

Several analysts have recently weighed in on STN shares. Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Finally, Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $175.00.

About Stantec

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.