Expressive Wealth LLC Makes New $468,000 Investment in Stantec Inc. $STN

Expressive Wealth LLC bought a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,785 shares of the business services provider’s stock, valued at approximately $468,000.

Several other institutional investors and hedge funds have also made changes to their positions in STN. Wolverine Trading LLC grew its stake in Stantec by 2.4% during the 3rd quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock worth $551,000 after buying an additional 120 shares during the last quarter. Parallel Advisors LLC lifted its stake in Stantec by 15.3% in the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock valued at $95,000 after buying an additional 133 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after buying an additional 180 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 206 shares during the period. Finally, Engineers Gate Manager LP boosted its holdings in shares of Stantec by 3.5% in the fourth quarter. Engineers Gate Manager LP now owns 7,036 shares of the business services provider’s stock valued at $664,000 after acquiring an additional 237 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings downgraded shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Stantec presently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Up 0.2%

Stantec stock opened at $74.02 on Friday. Stantec Inc. has a twelve month low of $66.26 and a twelve month high of $114.51. The stock has a 50 day moving average of $70.56 and a two-hundred day moving average of $81.02. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 23.06 and a beta of 0.99.

Stantec (NYSE:STN) (TSE:STN) last released its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts expect that Stantec Inc. will post 4.45 earnings per share for the current year.

Stantec Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, September 29th. Stantec’s dividend payout ratio (DPR) is 21.50%.

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.