Vontobel Holding Ltd. Trims Position in Stantec Inc. $STN

Vontobel Holding Ltd. decreased its stake in Stantec Inc. (NYSE:STN) (TSE:STN) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 405,188 shares of the business services provider’s stock after selling 62,366 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.36% of Stantec worth $38,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jones Financial Companies Lllp boosted its stake in Stantec by 1,504.9% during the first quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider’s stock valued at $162,000 after buying an additional 1,836 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Stantec by 15.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider’s stock worth $13,621,000 after acquiring an additional 22,524 shares during the last quarter. Jane Street Group LLC increased its holdings in Stantec by 73.2% during the 1st quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider’s stock worth $1,828,000 after purchasing an additional 9,325 shares during the period. Cetera Investment Advisers purchased a new position in Stantec during the 2nd quarter worth $361,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Stantec by 15.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after acquiring an additional 180 shares during the period. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Performance

Shares of STN opened at $72.29 on Friday. The stock has a 50-day moving average of $82.62 and a two-hundred day moving average of $90.21. Stantec Inc. has a one year low of $70.84 and a one year high of $114.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market cap of $8.25 billion, a P/E ratio of 23.17 and a beta of 0.98.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts predict that Stantec Inc. will post 4.5 EPS for the current year.

Stantec Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Stantec’s payout ratio is 22.44%.

Wall Street Analysts Forecast Growth

STN has been the topic of a number of analyst reports. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Royal Bank Of Canada lifted their price target on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Company Profile

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.