Public Employees Retirement System of Ohio Takes Position in Stantec Inc. $STN

Public Employees Retirement System of Ohio purchased a new position in Stantec Inc. (NYSE:STN) (TSE:STN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,836 shares of the business services provider’s stock, valued at approximately $541,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE bought a new stake in Stantec during the second quarter valued at $104,075,000. Man Group plc bought a new stake in shares of Stantec during the 2nd quarter valued at about $121,285,000. Jupiter Topco LLC bought a new stake in shares of Stantec during the 2nd quarter valued at about $60,762,000. Hsbc Holdings PLC bought a new stake in shares of Stantec during the 2nd quarter valued at about $4,788,000. Finally, PDT Partners LLC purchased a new position in shares of Stantec during the second quarter worth about $4,730,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Finally, Weiss Ratings lowered Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Stantec has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Price Performance

Shares of Stantec stock opened at $70.06 on Friday. Stantec Inc. has a 52-week low of $66.26 and a 52-week high of $114.51. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 21.83 and a beta of 0.99. The company has a fifty day moving average of $71.71 and a 200-day moving average of $78.79. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.50 and a current ratio of 1.50.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS 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 analysts’ expectations 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. Equities research analysts expect that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Dividend Announcement

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

About Stantec

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.