Stantec (NYSE:STN) Announces Earnings Results

Stantec (NYSE:STN) (TSE:STN) issued its quarterly earnings data on Wednesday. The business services provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01, Zacks reports. Stantec had a return on equity of 19.86% and a net margin of 5.91%.The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Price Performance

Shares of STN opened at $74.56 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. Stantec has a 12 month low of $66.26 and a 12 month high of $114.51. The stock has a fifty day moving average price of $70.40 and a 200 day moving average price of $81.99. The company has a market cap of $8.38 billion, a P/E ratio of 23.23 and a beta of 0.99.

Stantec Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. Stantec’s payout ratio is currently 22.12%.

Institutional Trading of Stantec

Large investors have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in Stantec by 8.7% in the fourth quarter. Invesco Ltd. now owns 709,302 shares of the business services provider’s stock worth $66,930,000 after purchasing an additional 56,995 shares during the period. Axxcess Wealth Management LLC lifted its position in Stantec by 128.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 5,808 shares of the business services provider’s stock worth $548,000 after purchasing an additional 3,268 shares during the period. Guardian Capital LP increased its position in shares of Stantec by 2.7% during the 4th quarter. Guardian Capital LP now owns 294,684 shares of the business services provider’s stock valued at $27,821,000 after purchasing an additional 7,826 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Stantec by 11.8% in the fourth quarter. Wellington Management Group LLP now owns 147,593 shares of the business services provider’s stock valued at $13,946,000 after buying an additional 15,614 shares during the period. Finally, Millennium Management LLC raised its position in Stantec by 164.1% in the fourth quarter. Millennium Management LLC now owns 207,075 shares of the business services provider’s stock worth $19,540,000 after acquiring an additional 128,674 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings cut Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Stantec presently has a consensus rating of “Moderate Buy” and a consensus price target 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.