TD Waterhouse Canada Inc. Has $56.45 Million Position in Stantec Inc. $STN

Posted by Brenda Bartman on Sep 4th, 2026

TD Waterhouse Canada Inc. boosted its stake in shares of Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) by 12.1% during the second quarter, Holdings Channel.com reports. The fund owned 834,413 shares of the business services provider’s stock after acquiring an additional 90,005 shares during the period. TD Waterhouse Canada Inc.’s holdings in Stantec were worth $56,450,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STN. UBS Group AG raised its stake in Stantec by 23.2% in the fourth quarter. UBS Group AG now owns 390,644 shares of the business services provider’s stock valued at $36,861,000 after purchasing an additional 73,539 shares in the last quarter. Bank of America Corp DE lifted its position in Stantec by 12.6% during the first quarter. Bank of America Corp DE now owns 1,140,686 shares of the business services provider’s stock worth $98,555,000 after purchasing an additional 127,229 shares during the period. Quantinno Capital Management LP grew its stake in Stantec by 59.8% during the first quarter. Quantinno Capital Management LP now owns 58,909 shares of the business services provider’s stock worth $5,090,000 after buying an additional 22,036 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Stantec by 126.0% in the 4th quarter. Principal Financial Group Inc. now owns 932,025 shares of the business services provider’s stock valued at $88,066,000 after buying an additional 519,545 shares during the period. Finally, Alberta Investment Management Corp bought a new position in Stantec in the 2nd quarter valued at about $36,311,000. 63.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Get Our Latest Report on STN

Stantec Stock Up 0.6%

STN stock opened at $73.06 on Friday. The stock has a market capitalization of $8.21 billion, a P/E ratio of 22.76 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec Inc. has a 12 month low of $66.26 and a 12 month high of $114.51. The firm has a 50-day moving average price of $71.39 and a 200-day moving average price of $79.36.

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 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. Stantec had a net margin of 5.91% and a return on equity of 19.70%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities research analysts anticipate that Stantec Inc. will post 4.46 EPS for the current fiscal year.

Stantec Dividend Announcement

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

Stantec 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.