OMERS ADMINISTRATION Corp Makes New Investment in Stantec Inc. $STN

OMERS ADMINISTRATION Corp purchased a new stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,100 shares of the business services provider’s stock, valued at approximately $1,179,000.

A number of other hedge funds also recently made changes to their positions in the business. Osmosis Investment Management UK Ltd acquired a new position in Stantec in the second quarter worth about $907,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Stantec during the second quarter worth $9,869,000. Bank of Nova Scotia bought a new stake in shares of Stantec during the second quarter valued at approximately $9,133,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Stantec in the 2nd quarter valued at $62,000. Finally, Quantbot Technologies LP bought a new stake in Stantec during the 2nd quarter worth about $2,700,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on STN shares. Weiss Ratings downgraded Stantec from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Scotiabank reissued an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Finally, ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Trading Up 2.8%

Shares of NYSE:STN opened at $75.58 on Thursday. Stantec Inc. has a 12-month low of $66.26 and a 12-month high of $114.51. The stock has a market cap of $8.50 billion, a PE ratio of 23.55 and a beta of 0.99. The business has a 50 day moving average of $70.78 and a 200-day moving average of $80.34. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54.

Stantec (NYSE:STN) (TSE:STN) last announced its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.01. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec had a return on equity of 19.70% and a net margin of 5.91%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities research analysts forecast that Stantec Inc. will post 4.46 earnings per share for the current year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 annualized dividend and a yield of 1.3%. Stantec’s dividend payout ratio (DPR) is presently 21.50%.

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.