Weiss Asset Management LP Buys New Stake in Tutor Perini Corporation $TPC

Posted by Brian Himes on Jul 28th, 2026

Weiss Asset Management LP purchased a new stake in shares of Tutor Perini Corporation (NYSE:TPC – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,500 shares of the construction company’s stock, valued at approximately $810,000.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Tutor Perini by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 3,009,860 shares of the construction company’s stock worth $201,721,000 after buying an additional 86,874 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Tutor Perini by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,732,254 shares of the construction company’s stock valued at $133,697,000 after buying an additional 12,573 shares in the last quarter. First Trust Advisors LP raised its position in shares of Tutor Perini by 32.7% during the 1st quarter. First Trust Advisors LP now owns 1,358,899 shares of the construction company’s stock valued at $104,893,000 after buying an additional 334,632 shares in the last quarter. Fred Alger Management LLC lifted its holdings in shares of Tutor Perini by 47.0% in the 4th quarter. Fred Alger Management LLC now owns 1,105,848 shares of the construction company’s stock valued at $74,114,000 after acquiring an additional 353,744 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Tutor Perini by 1.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087,666 shares of the construction company’s stock valued at $71,340,000 after acquiring an additional 10,898 shares during the last quarter. Institutional investors own 65.01% of the company’s stock.

Insider Activity

In related news, Director Robert C. Lieber sold 17,500 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the completion of the transaction, the director owned 149,410 shares in the company, valued at $11,259,537.60. The trade was a 10.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 15.40% of the company’s stock.

Wall Street Analyst Weigh In

TPC has been the topic of several analyst reports. Wall Street Zen cut Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a research note on Friday, July 17th. Finally, Zacks Research upgraded Tutor Perini from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $86.50.

Check Out Our Latest Analysis on TPC

Tutor Perini Price Performance

TPC stock opened at $85.82 on Tuesday. The stock has a market cap of $4.52 billion, a PE ratio of 58.38 and a beta of 2.05. Tutor Perini Corporation has a 12 month low of $43.52 and a 12 month high of $100.00. The company has a 50-day moving average price of $77.33 and a 200 day moving average price of $78.60. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31.

Tutor Perini (NYSE:TPC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.03 earnings per share 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 company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the company posted $0.65 EPS. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. Equities research analysts anticipate that Tutor Perini Corporation will post 5.18 earnings per share for the current year.

Tutor Perini Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, May 21st. Tutor Perini’s dividend payout ratio (DPR) is currently 16.33%.

Tutor Perini Profile

(Free Report)

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.