Stantec Inc. $STN Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 9.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,760,103 shares of the business services provider’s stock after selling 371,841 shares during the period. Royal Bank of Canada’s holdings in Stantec were worth $324,873,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP lifted its position in Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 206 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Stantec by 264.9% during 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 during the period. Leonteq Securities AG acquired a new position in Stantec during the 4th quarter worth approximately $37,000. Tower Research Capital LLC TRC raised its stake in shares of 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 buying an additional 411 shares in the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of Stantec during the 4th quarter worth approximately $57,000. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Stantec Stock Down 0.2%

Stantec stock opened at $71.65 on Thursday. 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 capitalization of $8.05 billion, a price-to-earnings ratio of 22.97 and a beta of 1.00. Stantec Inc. has a fifty-two week low of $66.26 and a fifty-two week high of $114.51. The stock’s fifty day moving average is $71.05 and its two-hundred day moving average is $84.05.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results 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 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 predict that Stantec Inc. will post 4.43 EPS for the current fiscal year.

Stantec Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.245 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. Stantec’s dividend payout ratio is currently 22.12%.

Analysts Set New Price Targets

A number of analysts recently weighed in on STN shares. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.