Man Group plc Invests $1.60 Million in Tutor Perini Corporation $TPC

Posted by George Bondi on Sep 3rd, 2026

Man Group plc acquired a new stake in shares of Tutor Perini Corporation (NYSE:TPC – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 19,283 shares of the construction company’s stock, valued at approximately $1,600,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TPC. Quarry LP boosted its holdings in Tutor Perini by 74.7% in the third quarter. Quarry LP now owns 428 shares of the construction company’s stock worth $28,000 after purchasing an additional 183 shares during the last quarter. Federated Hermes Inc. raised its stake in Tutor Perini by 446.3% during the 4th quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock valued at $29,000 after buying an additional 357 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Tutor Perini by 54.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company’s stock valued at $36,000 after buying an additional 188 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Tutor Perini by 71.4% during the 4th quarter. Allworth Financial LP now owns 605 shares of the construction company’s stock valued at $41,000 after buying an additional 252 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Tutor Perini by 31.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 618 shares of the construction company’s stock valued at $42,000 after buying an additional 148 shares during the period. Institutional investors own 65.01% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on TPC shares. Wall Street Zen raised Tutor Perini from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. UBS Group increased their target price on Tutor Perini from $98.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Zacks Research raised Tutor Perini from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Tutor Perini currently has a consensus rating of “Moderate Buy” and an average price target of $105.00.

Check Out Our Latest Stock Analysis on TPC

Tutor Perini Stock Performance

TPC opened at $87.88 on Thursday. The firm has a market cap of $4.62 billion, a P/E ratio of 37.88 and a beta of 2.06. Tutor Perini Corporation has a 1-year low of $57.90 and a 1-year high of $102.30. The company has a 50 day simple moving average of $85.48 and a two-hundred day simple moving average of $80.95. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.29 and a quick ratio of 1.29.

Tutor Perini (NYSE:TPC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.74 EPS for the quarter, beating the consensus estimate of $0.67 by $1.07. Tutor Perini had a net margin of 2.08% and a return on equity of 20.95%. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the firm earned $0.38 EPS. The company’s revenue was up 19.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 5.150-5.450 EPS. Equities analysts forecast that Tutor Perini Corporation will post 5.48 earnings per share for the current fiscal year.

Tutor Perini Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.09 per share. This is a boost from Tutor Perini’s previous quarterly dividend of $0.06. This represents a $0.36 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Tutor Perini’s payout ratio is 15.52%.

Insider Buying and Selling at Tutor Perini

In related news, Director Sidney J. Feltenstein sold 184,209 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $97.05, for a total transaction of $17,877,483.45. Following the completion of the sale, the director owned 6,700 shares in the company, valued at approximately $650,235. This trade represents a 96.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dale Anne Reiss sold 13,400 shares of Tutor Perini stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $92.04, for a total value of $1,233,336.00. Following the sale, the director directly owned 31,203 shares in the company, valued at $2,871,924.12. This trade represents a 30.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,507,609 shares of company stock valued at $216,823,719 over the last ninety days. 15.40% of the stock is currently owned by company insiders.

Tutor Perini Company 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.