Legal & General Group Plc Purchases Shares of 813,315 Stantec Inc. $STN

Posted by Brian Himes on Aug 29th, 2026

Legal & General Group Plc acquired a new stake in shares of Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 813,315 shares of the business services provider’s stock, valued at approximately $56,076,000. Legal & General Group Plc owned about 0.72% of Stantec at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of STN. Allworth Financial LP raised its stake in Stantec by 223.9% during the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after purchasing an additional 206 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Stantec by 264.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock valued at $32,000 after buying an additional 249 shares during the period. Addison Advisors LLC purchased a new stake in shares of Stantec during the 2nd quarter valued at $33,000. Leonteq Securities AG acquired a new stake in shares of Stantec during the 4th quarter worth $37,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after buying an additional 411 shares during the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

Stantec Trading Up 0.3%

NYSE:STN opened at $74.90 on Friday. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of 23.33 and a beta of 0.99. Stantec Inc. has a one year low of $66.26 and a one year high of $114.51. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.50 and a current ratio of 1.50. The business’s 50-day simple moving average is $71.06 and its 200 day simple moving average is $80.12.

Stantec (NYSE:STN – Get Free Report) (TSE:STN) last issued its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts predict that Stantec Inc. will post 4.46 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. Stantec’s dividend payout ratio (DPR) is presently 21.50%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Weiss Ratings lowered Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Get Our Latest Stock Report on STN

Stantec Company Profile

(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.