Louisbourg Investments Inc. Acquires 36,563 Shares of Stantec Inc. $STN

Louisbourg Investments Inc. boosted its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 87.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,568 shares of the business services provider’s stock after buying an additional 36,563 shares during the period. Stantec accounts for about 1.2% of Louisbourg Investments Inc.’s investment portfolio, making the stock its 23rd biggest holding. Louisbourg Investments Inc. owned approximately 0.07% of Stantec worth $6,779,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. UBS Group AG grew its holdings in shares of 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 during the period. Bank of Montreal Can lifted its stake in Stantec by 6.6% during the third quarter. Bank of Montreal Can now owns 3,566,821 shares of the business services provider’s stock worth $384,584,000 after purchasing an additional 219,733 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Stantec by 126.0% during 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 acquiring an additional 519,545 shares during the period. Alliancebernstein L.P. grew its holdings in shares of Stantec by 0.8% in the third quarter. Alliancebernstein L.P. now owns 3,475,699 shares of the business services provider’s stock valued at $374,680,000 after purchasing an additional 26,388 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Stantec by 14.6% in the third quarter. JPMorgan Chase & Co. now owns 588,242 shares of the business services provider’s stock worth $63,412,000 after acquiring an additional 75,108 shares in the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

STN has been the topic of a number of analyst reports. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Wall Street Zen cut shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Royal Bank Of Canada lifted their target price on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Finally, Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Stock Performance

NYSE:STN opened at $69.35 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47. Stantec Inc. has a fifty-two week low of $66.94 and a fifty-two week high of $114.51. The stock has a market cap of $7.91 billion, a PE ratio of 22.23 and a beta of 0.98. The firm’s fifty day simple moving average is $78.86 and its 200-day simple moving average is $88.37.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.95 by $0.02. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec had a net margin of 5.92% and a return on equity of 19.37%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Analysts expect that Stantec Inc. will post 4.5 earnings per share for the current fiscal year.

Stantec Dividend Announcement

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

Stantec 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.