Inspire Investing LLC Invests $1.80 Million in Tutor Perini Corporation $TPC

Inspire Investing LLC bought a new stake in Tutor Perini Corporation (NYSE:TPC) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 23,262 shares of the construction company’s stock, valued at approximately $1,796,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TPC. Vanguard Group Inc. increased its holdings in Tutor Perini by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 3,009,860 shares of the construction company’s stock valued at $201,721,000 after purchasing an additional 86,874 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Tutor Perini by 17.1% in the third quarter. First Trust Advisors LP now owns 1,350,383 shares of the construction company’s stock worth $88,572,000 after buying an additional 197,169 shares during the period. American Century Companies Inc. boosted its position in shares of Tutor Perini by 19.2% in the third quarter. American Century Companies Inc. now owns 1,179,380 shares of the construction company’s stock worth $77,356,000 after buying an additional 189,768 shares during the period. Fred Alger Management LLC grew its stake in shares of Tutor Perini by 47.0% in the fourth quarter. Fred Alger Management LLC now owns 1,105,848 shares of the construction company’s stock valued at $74,114,000 after buying an additional 353,744 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Tutor Perini by 1.0% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087,666 shares of the construction company’s stock valued at $71,340,000 after buying an additional 10,898 shares in the last quarter. Institutional investors and hedge funds own 65.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on TPC shares. Wall Street Zen lowered Tutor Perini from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a research report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $86.50.

Tutor Perini Trading Up 1.3%

Shares of TPC opened at $82.97 on Wednesday. Tutor Perini Corporation has a one year low of $43.52 and a one year high of $100.00. The stock has a 50-day moving average price of $79.44 and a 200 day moving average price of $77.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market capitalization of $4.37 billion, a P/E ratio of 56.44 and a beta of 2.06.

Tutor Perini (NYSE:TPC) last posted its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.07. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the business earned $0.65 EPS. Tutor Perini’s revenue for the quarter was up 11.5% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. Sell-side analysts forecast that Tutor Perini Corporation will post 5.18 EPS for the current fiscal year.

Tutor Perini Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, May 21st. Tutor Perini’s payout ratio is 16.33%.

Insider Transactions at Tutor Perini

In other Tutor Perini news, Director Robert C. Lieber sold 17,500 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the transaction, the director directly owned 149,410 shares in the company, valued at $11,259,537.60. This represents a 10.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 15.40% of the stock is owned by corporate insiders.

Tutor Perini Profile

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.