Stantec Inc. $STN Holdings Raised by Susquehanna International Group LLP

Susquehanna International Group LLP boosted its stake in Stantec Inc. (NYSE:STN) (TSE:STN) by 489.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,020 shares of the business services provider’s stock after buying an additional 8,320 shares during the period. Susquehanna International Group LLP’s holdings in Stantec were worth $690,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of STN. Wellington Management Group LLP bought a new stake in shares of Stantec during the 2nd quarter worth about $11,908,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Stantec in the 2nd quarter worth approximately $541,000. Bank of America Corp DE bought a new position in shares of Stantec in the second quarter valued at approximately $104,075,000. Man Group plc acquired a new position in shares of Stantec during the second quarter valued at approximately $121,285,000. Finally, Jupiter Topco LLC acquired a new position in shares of Stantec during the second quarter valued at approximately $60,762,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on STN. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings cut Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Down 2.5%

NYSE STN opened at $72.90 on Tuesday. Stantec Inc. has a 12 month low of $66.26 and a 12 month high of $114.51. The company has a market capitalization of $8.19 billion, a P/E ratio of 22.71 and a beta of 0.99. The company’s 50 day simple moving average is $71.15 and its 200 day simple moving average is $79.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.01. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts expect that Stantec Inc. will post 4.46 earnings per share for the current fiscal year.

Stantec Announces Dividend

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

About Stantec

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.