Wall Street Zen Downgrades Tutor Perini (NYSE:TPC) to Buy

Tutor Perini (NYSE:TPC) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

Several other equities analysts also recently issued reports on TPC. UBS Group increased their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tutor Perini presently has a consensus rating of “Hold” and an average target price of $86.50.

Tutor Perini Stock Down 0.1%

TPC stock opened at $82.79 on Friday. The firm’s fifty day simple moving average is $79.20 and its 200-day simple moving average is $74.12. The company has a market capitalization of $4.36 billion, a P/E ratio of 56.32 and a beta of 2.18. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. Tutor Perini has a 12 month low of $29.80 and a 12 month high of $100.00.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings results on Wednesday, May 6th. The construction company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. Tutor Perini had a net margin of 1.37% and a return on equity of 19.92%. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The firm’s quarterly revenue was up 11.5% 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 forecast that Tutor Perini will post 5.18 earnings per share for the current year.

Insider Transactions at Tutor Perini

In related news, Director Peter Arkley purchased 8,117 shares of the company’s stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $73.02 per share, for a total transaction of $592,703.34. Following the completion of the transaction, the director directly owned 216,717 shares in the company, valued at approximately $15,824,675.34. The trade was a 3.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Gary G. Smalley purchased 10,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were bought at an average price of $73.24 per share, with a total value of $732,400.00. Following the completion of the transaction, 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 disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 35,000 shares of company stock valued at $2,556,404. Company insiders own 15.40% of the company’s stock.

Institutional Investors Weigh In On Tutor Perini

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Tutor Perini by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 3,009,860 shares of the construction company’s stock valued at $201,721,000 after acquiring an additional 86,874 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Tutor Perini by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,732,254 shares of the construction company’s stock valued at $133,697,000 after purchasing an additional 12,573 shares during the period. First Trust Advisors LP boosted its stake in shares of Tutor Perini by 17.1% in the third quarter. First Trust Advisors LP now owns 1,350,383 shares of the construction company’s stock valued at $88,572,000 after purchasing an additional 197,169 shares during the period. American Century Companies Inc. boosted its stake in shares of Tutor Perini by 19.2% in the third quarter. American Century Companies Inc. now owns 1,179,380 shares of the construction company’s stock valued at $77,356,000 after purchasing an additional 189,768 shares during the period. Finally, Fred Alger Management LLC boosted its stake in shares of Tutor Perini by 47.0% in the fourth quarter. Fred Alger Management LLC now owns 1,105,848 shares of the construction company’s stock valued at $74,114,000 after purchasing an additional 353,744 shares during the period. 65.01% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Tutor Perini

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

• Positive Sentiment: Tutor Perini beat Q1 earnings estimates, reporting $1.03 per share versus the $0.96 consensus, with earnings up sharply from $0.53 a year ago. Article Title
• Positive Sentiment: The company guided to 2026 adjusted EPS of $4.90-$5.30 and said it expects double-digit revenue growth, reinforcing confidence in future profitability. Article Title
• Positive Sentiment: Recent commentary highlighted Tutor Perini as potentially undervalued, with strong cash strength and backlog supporting buybacks and a valuation gap, which can attract value investors. Article Title
• Neutral Sentiment: Zacks noted the stock screens well on momentum and value metrics, but this was largely a style-factor assessment rather than a new operational catalyst. Article Title
• Neutral Sentiment: Another Zacks piece asked whether TPC is undervalued, reinforcing the valuation debate but not adding a major new catalyst. Article Title
• Neutral Sentiment: The company also declared a $0.06 quarterly dividend, a modest shareholder return that is supportive but unlikely to be a primary driver of the 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.