UBS Group Issues Positive Forecast for Tutor Perini (NYSE:TPC) Stock Price

Tutor Perini (NYSE:TPC) had its target price lifted by equities research analysts at UBS Group from $105.00 to $107.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. UBS Group‘s target price would suggest a potential upside of 32.30% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Wall Street Zen raised Tutor Perini from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Weiss Ratings lowered Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, October 23rd. Finally, Zacks Research lowered Tutor Perini from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

Tutor Perini Price Performance

NYSE TPC traded down $2.25 on Thursday, hitting $80.88. The stock had a trading volume of 1,755,575 shares, compared to its average volume of 600,415. The firm has a 50-day moving average of $84.02 and a 200-day moving average of $81.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 1.29. Tutor Perini has a 52-week low of $57.90 and a 52-week high of $102.30. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 34.86 and a beta of 2.12.

Tutor Perini (NYSE:TPC) last released its quarterly earnings results on Wednesday, November 4th. The construction company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.49. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.63 billion. Tutor Perini had a net margin of 2.08% and a return on equity of 20.95%. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 EPS. Equities analysts expect that Tutor Perini will post 5.39 EPS for the current year.

Insider Activity at Tutor Perini

In related news, Director Sidney Feltenstein sold 184,209 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $97.05, for a total transaction of $17,877,483.45. Following the transaction, the director owned 6,700 shares of the company’s stock, valued at approximately $650,235. This trade represents a 96.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Ronald Tutor sold 2,310,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $85.59, for a total value of $197,712,900.00. Following the transaction, the chairman directly owned 701,477 shares in the company, valued at $60,039,416.43. This trade represents a 76.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,507,609 shares of company stock valued at $216,823,719. Insiders own 15.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC bought a new stake in shares of Tutor Perini in the 3rd quarter worth approximately $32,000. Silvant Capital Management LLC purchased a new position in shares of Tutor Perini during the second quarter valued at approximately $49,000. Allworth Financial LP purchased a new position in shares of Tutor Perini during the second quarter valued at approximately $53,000. Public Employees Retirement System of Ohio bought a new position in shares of Tutor Perini during the second quarter valued at approximately $56,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Tutor Perini by 26.8% during the third quarter. Farther Finance Advisors LLC now owns 796 shares of the construction company’s stock valued at $66,000 after acquiring an additional 168 shares in the last quarter. Institutional investors own 65.01% of the company’s stock.

Key Tutor Perini News

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Third-quarter EPS of $1.83 beat the $1.34 consensus, while revenue of $1.72 billion exceeded estimates of $1.63 billion and rose 21.5% year over year. The company also raised its 2026 adjusted EPS guidance. Tutor Perini Q3 results and guidance
• Positive Sentiment: Management highlighted a $20.4 billion backlog, expanding margins and strong infrastructure demand—factors that support expectations for continued business and earnings growth. Q3 call highlights
• Neutral Sentiment: Tutor Perini declared a quarterly dividend of $0.09 per share (0.4% annualized yield), payable December 3 to shareholders of record November 19. The modest payout is unlikely to be a major near-term share-price driver.
• Neutral Sentiment: A valuation article cited a view that TPC may be 27% undervalued, which could support investor interest, but this is an assessment rather than a company announcement. Tutor Perini valuation article

About Tutor Perini

Tutor Perini Corporation (NYSE:TPC) is a construction company that provides general contracting, construction management, and design-build services. Its operations are organized around civil, building, and specialty contracting activities, serving public agencies, private developers, and other institutional customers.

The company’s civil construction work includes major infrastructure such as highways, bridges, tunnels, mass-transit systems, airports, water and wastewater facilities, and other transportation and utility projects.