Tutor Perini (NYSE:TPC) Reaches New 1-Year High After Strong Earnings

Tutor Perini Corporation (NYSE:TPC) shares reached a new 52-week high on Wednesday following a better than expected earnings announcement. The company traded as high as $99.40 and last traded at $97.2750, with a volume of 697193 shares trading hands. The stock had previously closed at $92.76.

The construction company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.44 billion. Tutor Perini had a net margin of 1.37% and a return on equity of 19.97%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Dividend Announcement

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

Tutor Perini News Roundup

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Q1 EPS beat and strong year?over?year profitability: Tutor Perini reported non?GAAP EPS of $1.03, topping consensus (~$0.96) and up sharply from $0.53 a year ago, showing operating leverage and margin improvement that support forward earnings expectations. Tutor Perini (TPC) Surpasses Q1 Earnings Estimates
• Neutral Sentiment: FY?2026 guidance essentially in line with consensus: Management set FY?2026 EPS guidance of $4.90–$5.30, which overlaps the Street estimate (~$4.90); this removes downside surprise risk but offers limited upside surprise. Listen to Conference Call / Press Release
• Neutral Sentiment: Board declared a modest quarterly cash dividend ($0.06/share): Dividend provides a small income signal (annualized ~0.2% yield) but is not likely a major demand catalyst. Tutor Perini Declares Quarterly Dividend
• Negative Sentiment: Revenue missed analyst expectations: Reported revenue of ~$1.39B fell short of consensus near $1.44B, suggesting potential project timing/recognition headwinds that may worry revenue?sensitive investors despite the EPS beat. TPS: Non?GAAP EPS beats, revenue misses
• Negative Sentiment: Market reaction and volume suggest profit?taking/volatility: Heavy intraday volume and a meaningful share decline indicate traders are selling into the headline EPS beat—likely reacting to the revenue miss, modest margins and valuation (high P/E and recent 1?year run toward $100). Q1 Earnings Transcript

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TPC shares. Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. Wall Street Zen raised shares of Tutor Perini from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Finally, UBS Group upped their target price on shares of Tutor Perini from $86.00 to $98.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $86.50.

Insider Activity

In related news, CEO Gary G. Smalley purchased 10,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost of $73.24 per share, with a total value of $732,400.00. Following the acquisition, the chief executive officer directly owned 91,479 shares in the company, valued at $6,699,921.96. The trade was a 12.27% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Peter Arkley purchased 10,999 shares of the stock in a transaction on Thursday, March 5th. The stock was bought at an average cost of $72.44 per share, for a total transaction of $796,767.56. Following the completion of the acquisition, the director owned 208,600 shares in the company, valued at approximately $15,110,984. This trade represents a 5.57% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders acquired 35,000 shares of company stock worth $2,556,404. Insiders own 15.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TPC. JPMorgan Chase & Co. increased its holdings in shares of Tutor Perini by 15.4% during the third quarter. JPMorgan Chase & Co. now owns 406,546 shares of the construction company’s stock worth $26,665,000 after purchasing an additional 54,248 shares during the period. Plato Investment Management Ltd raised its stake in shares of Tutor Perini by 5,803.4% during the third quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company’s stock valued at $453,000 after acquiring an additional 6,848 shares during the last quarter. Counterpoint Mutual Funds LLC raised its stake in shares of Tutor Perini by 491.0% during the third quarter. Counterpoint Mutual Funds LLC now owns 49,139 shares of the construction company’s stock valued at $3,223,000 after acquiring an additional 40,824 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Tutor Perini by 3.7% during the third quarter. Vanguard Group Inc. now owns 2,922,986 shares of the construction company’s stock valued at $191,719,000 after acquiring an additional 103,799 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Tutor Perini by 39,576.5% during the third quarter. Hillsdale Investment Management Inc. now owns 67,450 shares of the construction company’s stock valued at $4,424,000 after acquiring an additional 67,280 shares during the last quarter. 65.01% of the stock is owned by institutional investors.

Tutor Perini Price Performance

The company’s 50 day moving average price is $79.20 and its 200-day moving average price is $74.12. The stock has a market cap of $4.32 billion, a P/E ratio of 55.87 and a beta of 2.18. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.31.

About Tutor Perini

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.