Stantec Inc. $STN Stock: Vise Technologies Inc. Grows Stake

Vise Technologies Inc. lifted its holdings in Stantec Inc. (NYSE:STN) (TSE:STN) by 228.5% in the 3rd quarter, Holdings Channel reports. The firm owned 14,801 shares of the business services provider’s stock after buying an additional 10,296 shares during the quarter. Vise Technologies Inc.’s holdings in Stantec were worth $997,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wellington Altus USA Inc. bought a new stake in Stantec in the second quarter worth $26,000. Fortitude Family Office LLC acquired a new position in Stantec during the third quarter worth $32,000. Addison Advisors LLC acquired a new position in Stantec during the second quarter worth $33,000. Northwestern Mutual Wealth Management Co. bought a new position in Stantec during the second quarter valued at about $62,000. Finally, Farther Finance Advisors LLC raised its holdings in Stantec by 67.9% during the third quarter. Farther Finance Advisors LLC now owns 1,236 shares of the business services provider’s stock valued at $83,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Trading Down 0.1%

NYSE:STN opened at $74.28 on Monday. The company’s 50 day moving average is $70.61 and its 200-day moving average is $79.14. 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 Inc. has a 12 month low of $65.35 and a 12 month high of $108.70. The firm has a market cap of $8.22 billion, a price-to-earnings ratio of 23.14 and a beta of 0.94.

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, topping the consensus estimate of $1.15 by $0.01. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate 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 analysts anticipate that Stantec Inc. will post 4.42 EPS for the current year.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were given a dividend of C$0.24 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. Stantec’s payout ratio is currently 22.12%.

Wall Street Analyst Weigh In

STN has been the subject of a number of analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Scotiabank reissued an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Weiss Ratings raised Stantec from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Finally, Wall Street Zen downgraded Stantec from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Profile

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development.

Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.

Stantec’s multidisciplinary teams advise clients throughout a project’s life cycle, from early planning and environmental assessment to design, engineering, and project delivery.