OMERS ADMINISTRATION Corp Makes New $1.74 Million Investment in Stantec Inc. $STN

OMERS ADMINISTRATION Corp purchased a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 20,200 shares of the business services provider’s stock, valued at approximately $1,741,000.

A number of other hedge funds have also made changes to their positions in STN. Vanguard Group Inc. raised its stake in shares of Stantec by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock valued at $468,622,000 after acquiring an additional 92,641 shares in the last quarter. Bank of Montreal Can boosted its position in Stantec by 25.2% during the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after purchasing an additional 897,912 shares during the period. Royal Bank of Canada boosted its position in Stantec by 2.9% during the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock worth $389,890,000 after purchasing an additional 117,613 shares during the period. Pictet Asset Management Holding SA grew its holdings in Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock valued at $300,340,000 after purchasing an additional 557,434 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock valued at $374,871,000 after purchasing an additional 1,558,703 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on STN. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Weiss Ratings downgraded shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen cut shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Performance

Shares of NYSE STN opened at $71.65 on Thursday. Stantec Inc. has a 12 month low of $66.26 and a 12 month high of $114.51. The company has a market cap of $8.05 billion, a P/E ratio of 22.97 and a beta of 1.00. The business’s 50 day moving average is $71.05 and its two-hundred day moving average is $84.05. 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 (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate 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. On average, equities analysts expect that Stantec Inc. will post 4.43 EPS for the current year.

Stantec Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.245 dividend. This represents a $0.98 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is currently 22.12%.

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.