Tutor Perini (NYSE:TPC) Updates FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.900-5.300 for the period, compared to the consensus earnings per share estimate of 4.900. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TPC. Wall Street Zen upgraded shares of Tutor Perini from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. Finally, UBS Group lifted their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $86.50.

Tutor Perini Price Performance

Shares of NYSE:TPC traded down $0.21 during midday trading on Wednesday, hitting $97.10. The stock had a trading volume of 769,592 shares, compared to its average volume of 590,404. The company’s 50-day moving average price is $79.03 and its 200-day moving average price is $73.76. The company has a market capitalization of $5.11 billion, a P/E ratio of 63.88 and a beta of 2.18. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.31. Tutor Perini has a fifty-two week low of $22.97 and a fifty-two week high of $100.00.

Tutor Perini (NYSE:TPC) last issued its earnings results on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the previous year, the company earned ($1.49) EPS. The business’s revenue for the quarter 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, equities research analysts predict that Tutor Perini will post 4.72 EPS for the current fiscal year.

Tutor Perini Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders 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 is currently 15.79%.

Insiders Place Their Bets

In related news, CEO Gary G. Smalley bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were bought at an average price of $73.24 per share, for a total transaction of $732,400.00. Following the transaction, the chief executive officer directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter Arkley bought 10,999 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price of $72.44 per share, for a total transaction of $796,767.56. Following the transaction, the director directly owned 208,600 shares in the company, valued at $15,110,984. This trade represents a 5.57% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 35,000 shares of company stock worth $2,556,404 in the last quarter. 15.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TPC. Gendell Jeffrey L raised its holdings in Tutor Perini by 95.0% during the fourth quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company’s stock worth $59,642,000 after buying an additional 433,559 shares during the last quarter. Millennium Management LLC raised its holdings in Tutor Perini by 165.2% during the first quarter. Millennium Management LLC now owns 383,530 shares of the construction company’s stock worth $8,890,000 after buying an additional 238,933 shares during the last quarter. Cubist Systematic Strategies LLC raised its holdings in Tutor Perini by 397.2% during the second quarter. Cubist Systematic Strategies LLC now owns 292,077 shares of the construction company’s stock worth $13,663,000 after buying an additional 233,335 shares during the last quarter. Nearwater Capital Markets Ltd acquired a new position in Tutor Perini during the fourth quarter worth $15,080,000. Finally, Marshall Wace LLP raised its holdings in Tutor Perini by 243.1% during the third quarter. Marshall Wace LLP now owns 287,025 shares of the construction company’s stock worth $18,826,000 after buying an additional 203,378 shares during the last quarter. Institutional investors and hedge funds own 65.01% of the company’s stock.

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.