Walleye Capital LLC Has $1.39 Million Stock Holdings in Stantec Inc. $STN

Walleye Capital LLC lifted its position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 315.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,135 shares of the business services provider’s stock after purchasing an additional 12,249 shares during the period. Walleye Capital LLC’s holdings in Stantec were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP boosted its position in Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after buying an additional 206 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Stantec by 264.9% in the 4th 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 period. Leonteq Securities AG acquired a new position in Stantec in the 4th quarter valued at approximately $37,000. Tower Research Capital LLC TRC raised its stake 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 valued at $55,000 after acquiring an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp bought a new position in shares of Stantec during the fourth quarter valued at $57,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on STN shares. Weiss Ratings cut shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Finally, Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Stantec has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Stock Down 2.0%

Shares of NYSE STN opened at $66.72 on Friday. The company’s 50 day moving average price is $71.54 and its 200-day moving average price is $84.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35. Stantec Inc. has a 52-week low of $66.26 and a 52-week high of $114.51. The company has a market capitalization of $7.50 billion, a P/E ratio of 21.39 and a beta of 1.00.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, topping 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 company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities analysts forecast that Stantec Inc. will post 4.43 earnings per share for the current year.

Stantec Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is presently 22.12%.

Stantec 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.