Tutor Perini (NYSE:TPC – Get Free Report) had its price objective hoisted by research analysts at UBS Group from $105.00 to $107.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. UBS Group‘s price target suggests a potential upside of 20.08% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Tutor Perini from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Weiss Ratings lowered Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, October 23rd. Finally, Wall Street Zen upgraded Tutor Perini from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.00.
View Our Latest Analysis on TPC
Tutor Perini Stock Performance
Tutor Perini stock traded up $7.25 during trading on Thursday, reaching $89.11. The company had a trading volume of 1,283,283 shares, compared to its average volume of 367,286. The firm’s 50-day simple moving average is $83.80 and its 200 day simple moving average is $81.54. Tutor Perini has a 52 week low of $57.90 and a 52 week high of $102.30. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 33.75 and a beta of 2.12.
Tutor Perini (NYSE:TPC – Get Free Report) last released its earnings results on Wednesday, November 4th. The construction company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.49. Tutor Perini had a net margin of 2.08% and a return on equity of 20.95%. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the business earned $0.07 EPS. Tutor Perini’s revenue for the quarter was up 21.5% on a year-over-year basis. Sell-side analysts forecast that Tutor Perini will post 5.39 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Dale Reiss sold 13,400 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $92.04, for a total transaction of $1,233,336.00. Following the transaction, the director owned 31,203 shares of the company’s stock, valued at approximately $2,871,924.12. This trade represents a 30.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Ronald Tutor sold 2,310,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $85.59, for a total transaction of $197,712,900.00. Following the completion of the transaction, the chairman owned 701,477 shares in the company, valued at approximately $60,039,416.43. The trade was a 76.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 15.40% of the stock is currently owned by insiders.
Institutional Trading of Tutor Perini
Several institutional investors and hedge funds have recently bought and sold shares of TPC. Farther Finance Advisors LLC lifted its stake in Tutor Perini by 26.8% in the third quarter. Farther Finance Advisors LLC now owns 796 shares of the construction company’s stock valued at $66,000 after acquiring an additional 168 shares during the last quarter. Krilogy Financial LLC raised its holdings in shares of Tutor Perini by 7.5% in the 3rd quarter. Krilogy Financial LLC now owns 3,475 shares of the construction company’s stock worth $290,000 after buying an additional 242 shares in the last quarter. Samalin Investment Counsel LLC raised its stake in Tutor Perini by 7.6% during the third quarter. Samalin Investment Counsel LLC now owns 3,544 shares of the construction company’s stock worth $292,000 after acquiring an additional 251 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Tutor Perini by 17.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,782 shares of the construction company’s stock valued at $147,000 after purchasing an additional 263 shares during the last quarter. Finally, ProShare Advisors LLC raised its holdings in shares of Tutor Perini by 4.6% in the third quarter. ProShare Advisors LLC now owns 6,283 shares of the construction company’s stock valued at $518,000 after buying an additional 277 shares during the last quarter. Institutional investors and hedge funds own 65.01% of the company’s stock.
More Tutor Perini News
Here are the key news stories impacting Tutor Perini this week:
- Positive Sentiment: Tutor Perini reported record third-quarter results, with earnings of $1.83 per share versus the $1.34 consensus and revenue of $1.72 billion versus expectations of $1.63 billion. Revenue rose 21.5% year over year. Tutor Perini Reports Record Third Quarter 2026 Financial Results
- Positive Sentiment: Management raised its 2026 adjusted EPS guidance. Reports also point to expanding margins, infrastructure demand and a substantial $20.4 billion backlog, reinforcing expectations for continued earnings growth. Q3 Earnings Call Highlights Higher Guidance and Backlog
- Positive Sentiment: UBS raised its price target to $107 from $105 and maintained a Buy rating, signaling continued analyst confidence.
- Neutral Sentiment: Unusually high call-option trading—2,503 contracts versus an average of 153—may reflect bullish positioning, though options activity is speculative and does not guarantee future performance.
- Neutral Sentiment: The company declared a quarterly dividend of $0.09 per share, payable December 3. The annualized yield is about 0.4%, a modest income component rather than a major growth catalyst. Quarterly Dividend Announcement
Tutor Perini Company Profile
Tutor Perini Corporation (NYSE:TPC) is a construction company that provides general contracting, construction management, and design-build services. Its operations are organized around civil, building, and specialty contracting activities, serving public agencies, private developers, and other institutional customers.
The company’s civil construction work includes major infrastructure such as highways, bridges, tunnels, mass-transit systems, airports, water and wastewater facilities, and other transportation and utility projects.
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