Navellier & Associates Inc. Acquires Shares of 42,179 Stantec Inc. $STN

Navellier & Associates Inc. purchased a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 42,179 shares of the business services provider’s stock, valued at approximately $3,980,000.

Several other large investors also recently modified their holdings of the stock. Principal Financial Group Inc. increased its stake in shares of Stantec by 126.0% during the 4th quarter. Principal Financial Group Inc. now owns 932,025 shares of the business services provider’s stock worth $88,066,000 after purchasing an additional 519,545 shares during the last quarter. Varma Mutual Pension Insurance Co purchased a new stake in shares of Stantec during the 4th quarter worth approximately $9,288,000. Intact Investment Management Inc. purchased a new stake in shares of Stantec during the 4th quarter worth approximately $151,000. UBS Group AG increased its stake in shares of Stantec by 23.2% during the 4th quarter. UBS Group AG now owns 390,644 shares of the business services provider’s stock worth $36,861,000 after purchasing an additional 73,539 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Stantec by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock worth $468,622,000 after purchasing an additional 92,641 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Zacks Research upgraded shares of Stantec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Royal Bank Of Canada raised their price target on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat, Stantec currently has an average rating of “Buy” and a consensus price target of $175.00.

Stantec Stock Up 1.4%

STN opened at $92.20 on Wednesday. The company has a 50 day moving average of $89.40 and a 200 day moving average of $96.02. The company has a market cap of $10.52 billion, a PE ratio of 30.53 and a beta of 1.06. Stantec Inc. has a 12 month low of $84.08 and a 12 month high of $114.51. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec had a net margin of 5.90% and a return on equity of 17.56%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, sell-side analysts expect that Stantec Inc. will post 4.47 EPS for the current year.

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.245 dividend. This is a boost from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.98 annualized dividend and a yield of 1.1%. Stantec’s payout ratio is 23.18%.

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.