39,176 Shares in Stantec Inc. $STN Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in shares of Stantec Inc. (NYSE:STNFree Report) (TSE:STN) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 39,176 shares of the business services provider’s stock, valued at approximately $2,700,000.

Other institutional investors also recently made changes to their positions in the company. Korea Investment CORP acquired a new stake in shares of Stantec during the second quarter worth approximately $7,273,000. Ieq Capital LLC bought a new stake in shares of Stantec in the second quarter worth $1,100,000. Expressive Wealth LLC acquired a new stake in Stantec in the second quarter valued at $468,000. Caldwell Investment Management Ltd. acquired a new stake in Stantec in the second quarter valued at $647,000. Finally, Vise Technologies Inc. bought a new position in Stantec during the 2nd quarter valued at $310,000. 63.86% of the stock is owned by institutional investors and hedge funds.

Stantec Stock Performance

Shares of STN opened at $74.02 on Monday. The stock has a market capitalization of $8.32 billion, a PE ratio of 23.06 and a beta of 0.99. The business’s fifty day moving average price is $70.56 and its 200 day moving average price is $80.88. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50. Stantec Inc. has a 12-month low of $66.26 and a 12-month high of $114.51.

Stantec (NYSE:STNGet Free Report) (TSE:STN) last released its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.01. Stantec had a net margin of 5.91% and a return on equity of 19.70%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts forecast that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued 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 report on Wednesday, May 13th. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Scotiabank reissued an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Finally, Weiss Ratings cut Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $175.00.

Check Out Our Latest Analysis on Stantec

About Stantec

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Stantec (NYSE:STN)

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