Tutor Perini (NYSE:TPC) Issues FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.150-5.450 for the period, compared to the consensus earnings per share estimate of 5.090. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

TPC has been the topic of several recent analyst reports. Zacks Research cut shares of Tutor Perini from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Wall Street Zen cut shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $86.50.

Tutor Perini Price Performance

TPC traded down $1.33 on Wednesday, reaching $84.38. The company had a trading volume of 652,606 shares, compared to its average volume of 653,411. The company has a fifty day moving average of $78.34 and a 200-day moving average of $79.05. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $4.44 billion, a P/E ratio of 57.40 and a beta of 2.05. Tutor Perini has a one year low of $46.51 and a one year high of $100.00.

Tutor Perini (NYSE:TPC) last issued its earnings results on Wednesday, August 5th. The construction company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $1.07. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Tutor Perini has set its FY 2026 guidance at 5.150-5.450 EPS. As a group, equities research analysts anticipate that Tutor Perini will post 5.18 earnings per share for the current year.

Insider Transactions at Tutor Perini

In other Tutor Perini news, Director Robert C. Lieber sold 17,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $75.36, for a total value of $1,318,800.00. Following the transaction, the director directly owned 149,410 shares of the company’s stock, valued at approximately $11,259,537.60. This trade represents a 10.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 15.40% of the company’s stock.

Institutional Investors Weigh In On Tutor Perini

Hedge funds and other institutional investors have recently made changes to their positions in the business. Gendell Jeffrey L lifted its holdings in shares of Tutor Perini by 95.0% during the 4th quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company’s stock worth $59,642,000 after acquiring an additional 433,559 shares during the period. Millennium Management LLC boosted its position in Tutor Perini by 165.2% during the 1st quarter. Millennium Management LLC now owns 383,530 shares of the construction company’s stock worth $8,890,000 after buying an additional 238,933 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in Tutor Perini by 397.2% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 292,077 shares of the construction company’s stock worth $13,663,000 after buying an additional 233,335 shares during the period. Nearwater Capital Markets Ltd acquired a new stake in shares of Tutor Perini during the fourth quarter worth $15,080,000. Finally, Marshall Wace LLP grew its stake in shares of Tutor Perini by 243.1% in the 3rd quarter. Marshall Wace LLP now owns 287,025 shares of the construction company’s stock valued at $18,826,000 after buying an additional 203,378 shares during the period. 65.01% of the stock is currently owned by institutional investors and hedge funds.

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.