Caldwell Investment Management Ltd. Takes $647,000 Position in Stantec Inc. $STN

Caldwell Investment Management Ltd. bought a new position in Stantec Inc. (NYSE:STN) (TSE:STN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,400 shares of the business services provider’s stock, valued at approximately $647,000.

Other large investors also recently modified their holdings of the company. Allworth Financial LP raised its position in Stantec by 223.9% in the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after purchasing an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Stantec by 264.9% in the fourth 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. Addison Advisors LLC bought a new position in shares of Stantec in the 2nd quarter valued at about $33,000. Leonteq Securities AG bought a new position in Stantec in the fourth quarter valued at approximately $37,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Stantec by 423.7% in 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. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on STN shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a report on Friday, August 14th. 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 Tuesday, August 11th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Stantec currently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Stock Performance

NYSE STN opened at $74.02 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec Inc. has a 1 year low of $66.26 and a 1 year high of $114.51. The firm has a market capitalization of $8.32 billion, a price-to-earnings ratio of 23.06 and a beta of 0.99. The firm’s 50 day simple moving average is $70.56 and its 200 day simple moving average is $81.02.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts expect that Stantec Inc. will post 4.45 earnings per share for the current fiscal year.

Stantec Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. Stantec’s dividend payout ratio is presently 21.50%.

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.