Stantec Inc. (NYSE:STN) Receives $175.00 Average PT from Analysts

Stantec Inc. (NYSE:STN) (TSE:STN) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $175.00.

Several analysts have issued reports on the company. Weiss Ratings lowered Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Scotiabank restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Finally, Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th.

Institutional Investors Weigh In On Stantec

Several institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Stantec by 12.6% during the first quarter. Bank of America Corp DE now owns 1,140,686 shares of the business services provider’s stock valued at $98,555,000 after acquiring an additional 127,229 shares in the last quarter. Quantinno Capital Management LP boosted its stake in Stantec by 59.8% in the 1st quarter. Quantinno Capital Management LP now owns 58,909 shares of the business services provider’s stock worth $5,090,000 after purchasing an additional 22,036 shares in the last quarter. BlackRock Inc. purchased a new stake in Stantec during the 2nd quarter valued at about $26,494,000. Alberta Investment Management Corp bought a new stake in Stantec during the 2nd quarter valued at about $36,311,000. Finally, Geode Capital Management LLC increased its stake in Stantec by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 1,058,720 shares of the business services provider’s stock valued at $100,355,000 after purchasing an additional 68,978 shares in the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Down 0.5%

STN opened at $69.67 on Friday. The company has a fifty day moving average price of $71.71 and a 200-day moving average price of $78.73. The firm has a market capitalization of $7.83 billion, a P/E ratio of 21.71 and a beta of 0.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50. Stantec has a one year low of $66.26 and a one year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.01. The company had revenue of $1.25 billion during 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. Equities research analysts expect that Stantec will post 4.46 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 29th. Stantec’s payout ratio is presently 21.50%.

Stantec Company Profile

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and facilities across the buildings, energy and resources, environmental services, and water sectors.

The company serves public- and private-sector clients on projects involving transportation, buildings, community development, water and wastewater systems, environmental planning, climate resilience, and energy infrastructure.