Shares of Stantec Inc. (NYSE:STN – Get Free Report) (TSE:STN) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $175.00.
A number of equities research analysts have recently weighed in on the company. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings lowered Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st.
Stantec Stock Performance
Stantec (NYSE:STN – Get Free Report) (TSE:STN) last posted its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.02. Stantec had a net margin of 5.92% and a return on equity of 19.37%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Research analysts expect that Stantec will post 4.43 EPS for the current year.
Stantec Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Stantec’s payout ratio is presently 22.12%.
Institutional Investors Weigh In On Stantec
Several institutional investors have recently added to or reduced their stakes in STN. Allworth Financial LP grew its holdings 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 acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Stantec by 264.9% during 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. Leonteq Securities AG bought a new position in shares of Stantec during the fourth quarter valued at about $37,000. Tower Research Capital LLC TRC boosted its holdings in shares of Stantec by 423.7% during the second 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 period. Finally, Toth Financial Advisory Corp purchased a new stake in shares of Stantec during the fourth quarter worth about $57,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.
Stantec Company 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.
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