533,393 Stantec Inc. $STN Shares Purchased by BCV Asset Management Inc.

BCV Asset Management Inc. lifted its stake in shares of Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) by 50.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,582,213 shares of the business services provider’s stock after buying an additional 533,393 shares during the period. Stantec comprises about 3.3% of BCV Asset Management Inc.’s holdings, making the stock its 7th largest position. BCV Asset Management Inc.’s holdings in Stantec were worth $107,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Wellington Altus USA Inc. purchased a new stake in Stantec in the 2nd quarter valued at $26,000. Heritage Family Offices LLP bought a new position in Stantec during the 3rd quarter valued at $31,000. Fortitude Family Office LLC bought a new position in Stantec during the 3rd quarter valued at $32,000. Addison Advisors LLC purchased a new position in Stantec during the 2nd quarter worth $33,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Stantec in the 2nd quarter worth $62,000. Institutional investors own 63.86% of the company’s stock.

Wall Street Analyst Weigh In

STN has been the subject of several analyst reports. Weiss Ratings upgraded shares of Stantec from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Scotiabank reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Wall Street Zen downgraded shares of Stantec from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $175.00.

Read Our Latest Stock Analysis on STN

Stantec News Summary

These are some of the STN news items that stood out recently:

  • Positive Sentiment: Stantec reported quarterly adjusted EPS of $1.35, above the $1.26 consensus and up from $1.11 a year earlier. Revenue of $1.31 billion also beat estimates of $1.30 billion. Zacks article
  • Positive Sentiment: The company highlighted strong net revenue growth and a record adjusted EBITDA margin, and raised its profitability outlook—supporting the view that operating performance is improving. Business Insider article
  • Neutral Sentiment: One analysis said the shares may be close to fair value despite strong growth forecasts, which could limit further gains if results do not continue to exceed expectations. Motley Fool article

Stantec Stock Performance

Shares of STN opened at $85.73 on Friday. Stantec Inc. has a 1 year low of $65.35 and a 1 year high of $108.40. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50. The stock’s fifty day moving average price is $71.07 and its two-hundred day moving average price is $78.57. The firm has a market cap of $9.43 billion, a PE ratio of 25.29 and a beta of 0.94.

Stantec (NYSE:STN – Get Free Report) (TSE:STN) last issued its earnings results on Thursday, November 12th. The business services provider reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.09. Stantec had a net margin of 6.10% and a return on equity of 20.61%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. Stantec has set its FY 2026 guidance at 4.430-4.510 EPS. On average, equities research analysts forecast that Stantec Inc. will post 4.42 EPS for the current year.

Stantec Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a C$0.24 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, December 31st. Stantec’s payout ratio is currently 22.12%.

Stantec Profile

(Free Report)

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development. Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.

See Also

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Institutional Ownership by Quarter for Stantec (NYSE:STN)

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