Stantec Inc. (NYSE:STN) Stock Has Consensus Target Price of $175.00

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $175.00.

A number of analysts have commented on STN shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Weiss Ratings raised Stantec from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Scotiabank restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Finally, Wall Street Zen cut Stantec from a “buy” rating to a “hold” rating in a report on Saturday, October 17th.

Hedge Funds Weigh In On Stantec

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Pictet Asset Management Holding SA increased its position in shares of Stantec by 19.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock valued at $300,340,000 after buying an additional 557,434 shares in the last quarter. Man Group plc bought a new position in Stantec during the second quarter worth about $121,285,000. Cardinal Capital Management Inc. bought a new position in Stantec during the third quarter worth about $109,514,000. Bank of America Corp DE bought a new position in Stantec during the second quarter worth about $104,075,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Stantec in the second quarter valued at about $98,396,000. 63.86% of the stock is owned by institutional investors.

Stantec Trading Down 0.0%

Shares of NYSE STN opened at $72.30 on Monday. The company has a 50-day moving average of $70.39 and a two-hundred day moving average of $79.70. Stantec has a 1-year low of $65.35 and a 1-year high of $111.80. 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 company has a market cap of $8.11 billion, a PE ratio of 22.52 and a beta of 0.94.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec had a return on equity of 19.70% and a net margin of 5.91%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts expect that Stantec will post 4.42 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were paid a C$0.24 dividend. This represents a $0.98 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 29th. Stantec’s dividend payout ratio is presently 22.12%.

Stantec Company Profile

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 in areas including buildings, transportation, water, energy, and environmental services.

The company serves public- and private-sector clients across North America and in selected international markets. Its multidisciplinary teams help clients plan, design, manage, and deliver projects ranging from transportation networks and water systems to community developments, industrial facilities, and buildings.

Stantec was founded in 1954 in Edmonton, Alberta, by Dr.