Insider Selling: Tutor Perini (NYSE:TPC) Director Sells 10,000 Shares of Stock

Tutor Perini Corporation (NYSE:TPC) Director Robert Lieber sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $74.25, for a total value of $742,500.00. Following the completion of the sale, the director owned 164,573 shares of the company’s stock, valued at approximately $12,219,545.25. This trade represents a 5.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Tutor Perini Trading Down 2.4%

Tutor Perini stock traded down $1.86 during mid-day trading on Thursday, reaching $75.13. 489,050 shares of the company traded hands, compared to its average volume of 594,015. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. The firm’s 50 day moving average price is $79.92 and its 200 day moving average price is $74.89. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 51.11 and a beta of 2.18. Tutor Perini Corporation has a 52-week low of $34.32 and a 52-week high of $100.00.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.07. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. Tutor Perini had a net margin of 1.37% and a return on equity of 19.92%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. On average, analysts anticipate that Tutor Perini Corporation will post 5.18 earnings per share for the current fiscal year.

Tutor Perini Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be issued a $0.06 dividend. The ex-dividend date is Thursday, May 21st. This represents a $0.24 annualized dividend and a yield of 0.3%. Tutor Perini’s dividend payout ratio (DPR) is 16.33%.

Analyst Upgrades and Downgrades

Several brokerages have commented on TPC. UBS Group raised their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. Finally, Wall Street Zen cut Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $86.50.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Quarry LP grew its stake in shares of Tutor Perini by 74.7% in the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock worth $28,000 after buying an additional 183 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of Tutor Perini by 446.3% in the 4th quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock worth $29,000 after buying an additional 357 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Tutor Perini by 968.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock worth $31,000 after buying an additional 426 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Tutor Perini by 54.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company’s stock worth $36,000 after buying an additional 188 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of Tutor Perini by 71.4% in the 4th quarter. Allworth Financial LP now owns 605 shares of the construction company’s stock worth $41,000 after buying an additional 252 shares during the last quarter. 65.01% of the stock is owned by hedge funds and other institutional investors.

Tutor Perini Company Profile

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.