9,400 Shares in Stantec Inc. $STN Acquired by Caldwell Investment Management Ltd.

Caldwell Investment Management Ltd. bought a new stake in Stantec Inc. (NYSE:STN) (TSE:STN) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,400 shares of the business services provider’s stock, valued at approximately $647,000.

A number of other large investors also recently made changes to their positions in STN. Alliancebernstein L.P. lifted its stake in shares of Stantec by 82.4% in the 2nd 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 in the last quarter. Norges Bank acquired a new stake in Stantec in the 4th quarter valued at $124,217,000. BCV Asset Management Inc. acquired a new stake in shares of Stantec in the fourth quarter valued at about $93,015,000. Bank of Montreal Can grew its position in Stantec by 25.2% in the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock valued at $421,321,000 after acquiring an additional 897,912 shares in the last quarter. Finally, Man Group plc increased its stake in Stantec by 103.5% during the 4th quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after buying an additional 803,322 shares during the period. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings cut Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. 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. Finally, Wall Street Zen cut shares of Stantec from a “strong-buy” rating to a “buy” rating in a research 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Performance

STN stock opened at $74.02 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $8.32 billion, a price-to-earnings ratio of 23.06 and a beta of 0.99. Stantec Inc. has a 12 month low of $66.26 and a 12 month high of $114.51. The firm has a 50 day moving average of $70.56 and a two-hundred day moving average of $81.02.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts anticipate that Stantec Inc. will post 4.45 EPS for the current fiscal year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be given a $0.245 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. Stantec’s dividend payout ratio (DPR) is currently 21.50%.

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.