Stantec (NYSE:STN) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Stantec (NYSE:STNGet Free Report) (TSE:STN) posted its quarterly earnings data on Wednesday. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.02, Zacks reports. Stantec had a return on equity of 17.48% and a net margin of 5.92%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Trading Up 6.0%

Shares of STN traded up $4.36 during trading hours on Friday, hitting $77.13. The stock had a trading volume of 427,317 shares, compared to its average volume of 345,008. The company’s fifty day simple moving average is $88.39 and its 200 day simple moving average is $94.68. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. Stantec has a 12-month low of $72.46 and a 12-month high of $114.51. The firm has a market cap of $8.80 billion, a P/E ratio of 24.74 and a beta of 1.06.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is 22.44%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Wolverine Trading LLC raised its position in Stantec by 2.4% in the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock valued at $551,000 after purchasing an additional 120 shares during the period. Parallel Advisors LLC raised its position in Stantec by 15.3% in the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock valued at $95,000 after purchasing an additional 133 shares during the period. EverSource Wealth Advisors LLC raised its position in Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after purchasing an additional 180 shares during the period. Engineers Gate Manager LP raised its position in Stantec by 3.5% in the fourth quarter. Engineers Gate Manager LP now owns 7,036 shares of the business services provider’s stock valued at $664,000 after purchasing an additional 237 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its position in Stantec by 264.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 249 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on STN shares. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Royal Bank Of Canada increased their target price on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research report on Thursday, January 22nd. Weiss Ratings raised Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Finally, Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Get Our Latest Analysis on STN

About Stantec

(Get Free Report)

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.

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Earnings History for Stantec (NYSE:STN)

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