Tutor Perini Corporation $TPC Holdings Lifted by Navellier & Associates Inc.

Navellier & Associates Inc. boosted its position in shares of Tutor Perini Corporation (NYSE:TPC) by 27.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,750 shares of the construction company’s stock after buying an additional 5,904 shares during the quarter. Navellier & Associates Inc.’s holdings in Tutor Perini were worth $1,860,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quarry LP grew its stake in Tutor Perini by 74.7% during the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock valued at $28,000 after acquiring an additional 183 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Tutor Perini by 968.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock valued at $31,000 after acquiring an additional 426 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Tutor Perini by 2,085.3% during the 4th quarter. Farther Finance Advisors LLC now owns 743 shares of the construction company’s stock valued at $50,000 after acquiring an additional 709 shares in the last quarter. Quadrant Capital Group LLC purchased a new position in Tutor Perini during the 3rd quarter valued at about $72,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in Tutor Perini during the 3rd quarter valued at about $92,000. Hedge funds and other institutional investors own 65.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wall Street Zen raised Tutor Perini from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. Finally, UBS Group raised their price target on Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $86.50.

Tutor Perini Stock Up 4.9%

Shares of TPC stock opened at $97.28 on Wednesday. The stock’s 50 day simple moving average is $79.03 and its 200 day simple moving average is $73.76. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.27 and a current ratio of 1.27. Tutor Perini Corporation has a twelve month low of $22.44 and a twelve month high of $99.40. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 64.00 and a beta of 2.18.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.15. Tutor Perini had a return on equity of 18.02% and a net margin of 1.45%.The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same period last year, the business earned ($1.49) EPS. The firm’s revenue was up 41.2% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. As a group, research analysts predict that Tutor Perini Corporation will post 4.72 EPS for the current year.

Tutor Perini Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 10th. Tutor Perini’s dividend payout ratio (DPR) is presently 15.79%.

Insider Buying and Selling

In related news, CEO Gary G. Smalley acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were acquired at an average cost of $73.24 per share, with a total value of $732,400.00. Following the purchase, the chief executive officer owned 91,479 shares of the company’s stock, valued at approximately $6,699,921.96. The trade was a 12.27% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter Arkley acquired 10,999 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was bought at an average cost of $72.44 per share, for a total transaction of $796,767.56. Following the completion of the purchase, the director directly owned 208,600 shares in the company, valued at $15,110,984. This represents a 5.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 35,000 shares of company stock worth $2,556,404 over the last three months. 15.40% of the stock is owned by company insiders.

Tutor Perini Company Profile

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.