Stantec Inc. (NYSE:STN) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $175.00.

STN has been the subject of a number of analyst reports. Scotiabank restated an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Wall Street Zen cut shares of Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Finally, Weiss Ratings downgraded Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th.

Stantec Trading Down 0.9%

Shares of NYSE STN opened at $66.88 on Thursday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average price is $71.78 and its two-hundred day moving average price is $76.19. Stantec has a 52-week low of $66.26 and a 52-week high of $114.51. The stock has a market capitalization of $7.50 billion, a P/E ratio of 20.83 and a beta of 1.01.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, analysts anticipate that Stantec will post 4.46 earnings per share for the current fiscal year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be paid a dividend of C$0.24 per share. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.98 annualized dividend and a yield of 1.5%. Stantec’s payout ratio is presently 21.81%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Pictet Asset Management Holding SA raised its position in shares of Stantec by 19.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock worth $300,340,000 after buying an additional 557,434 shares in the last quarter. Man Group plc bought a new position in shares of Stantec in the second quarter valued at approximately $121,285,000. Bank of America Corp DE bought a new position in shares of Stantec in the second quarter valued at approximately $104,075,000. The Manufacturers Life Insurance Company bought a new position in shares of Stantec in the second quarter valued at approximately $98,396,000. Finally, Norges Bank acquired a new position in shares of Stantec during the fourth quarter valued at approximately $124,217,000. 63.86% of the stock is owned by institutional investors and hedge funds.

About Stantec

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects across the buildings, energy and resources, environment, and water sectors.

The company serves public- and private-sector clients involved in transportation, community development, buildings, water and wastewater systems, environmental restoration, energy infrastructure, and natural resources.