Tutor Perini (NYSE:TPC) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Tutor Perini Corporation (NYSE:TPC) shares crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $83.80 and traded as high as $89.89. Tutor Perini shares last traded at $89.1050, with a volume of 1,283,283 shares traded.

Tutor Perini News Summary

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Tutor Perini reported record third-quarter results, with earnings of $1.83 per share versus the $1.34 consensus and revenue of $1.72 billion versus expectations of $1.63 billion. Revenue rose 21.5% year over year. Tutor Perini Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its 2026 adjusted EPS guidance. Reports also point to expanding margins, infrastructure demand and a substantial $20.4 billion backlog, reinforcing expectations for continued earnings growth. Q3 Earnings Call Highlights Higher Guidance and Backlog
• Positive Sentiment: UBS raised its price target to $107 from $105 and maintained a Buy rating, signaling continued analyst confidence.
• Neutral Sentiment: Unusually high call-option trading—2,503 contracts versus an average of 153—may reflect bullish positioning, though options activity is speculative and does not guarantee future performance.
• Neutral Sentiment: The company declared a quarterly dividend of $0.09 per share, payable December 3. The annualized yield is about 0.4%, a modest income component rather than a major growth catalyst. Quarterly Dividend Announcement

Analysts Set New Price Targets

Several brokerages have issued reports on TPC. Wall Street Zen lowered shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research cut shares of Tutor Perini from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings downgraded shares of Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, October 23rd. Finally, UBS Group raised their price objective on Tutor Perini from $105.00 to $107.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $107.00.

Tutor Perini Stock Up 8.9%

The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 1.27. The firm has a fifty day simple moving average of $83.80 and a 200-day simple moving average of $81.54. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 33.75 and a beta of 2.12.

Tutor Perini (NYSE:TPC) last released its quarterly earnings data on Wednesday, November 4th. The construction company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.34 by $0.49. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.63 billion. Tutor Perini had a net margin of 2.25% and a return on equity of 23.19%. The company’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 earnings per share. As a group, sell-side analysts expect that Tutor Perini Corporation will post 6.03 EPS for the current year.

Tutor Perini Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, November 19th. This represents a $0.36 annualized dividend and a yield of 0.4%. Tutor Perini’s dividend payout ratio (DPR) is 13.64%.

Insider Buying and Selling

In other news, Chairman Ronald Tutor sold 2,310,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $85.59, for a total transaction of $197,712,900.00. Following the completion of the sale, the chairman owned 701,477 shares in the company, valued at $60,039,416.43. The trade was a 76.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dale Reiss sold 13,400 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $92.04, for a total value of $1,233,336.00. Following the completion of the transaction, the director directly owned 31,203 shares in the company, valued at $2,871,924.12. The trade was a 30.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 15.40% of the company’s stock.

Institutional Trading of Tutor Perini

Several institutional investors have recently added to or reduced their stakes in the company. WINTON GROUP Ltd bought a new position in shares of Tutor Perini in the second quarter worth $600,000. Copeland Capital Management LLC acquired a new position in Tutor Perini in the third quarter valued at about $30,446,000. Bank of America Corp DE raised its stake in Tutor Perini by 74.2% in the first quarter. Bank of America Corp DE now owns 481,180 shares of the construction company’s stock valued at $37,142,000 after purchasing an additional 204,878 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Tutor Perini in the second quarter valued at about $3,085,000. Finally, Hennessy Advisors Inc. bought a new stake in Tutor Perini during the second quarter worth about $8,397,000. 65.01% of the stock is currently owned by institutional investors.

About Tutor Perini

Tutor Perini Corporation (NYSE:TPC) is a construction company that provides general contracting, construction management, and design-build services. Its operations are organized around civil, building, and specialty contracting activities, serving public agencies, private developers, and other institutional customers.

The company’s civil construction work includes major infrastructure such as highways, bridges, tunnels, mass-transit systems, airports, water and wastewater facilities, and other transportation and utility projects.