Stantec (NYSE:STN) Reaches New 1-Year Low – Here’s What Happened

Stantec Inc. (NYSE:STN) (TSE:STN) reached a new 52-week low during trading on Monday . The stock traded as low as $66.64 and last traded at $67.6070, with a volume of 385 shares. The stock had previously closed at $67.69.

Analysts Set New Price Targets

Several research analysts have recently weighed in on STN shares. Weiss Ratings cut shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Royal Bank Of Canada raised their price objective on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Finally, Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Stantec has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Trading Up 0.3%

The company has a 50 day moving average of $80.86 and a 200-day moving average of $89.25. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 21.71 and a beta of 0.98.

Stantec (NYSE:STN) (TSE:STN) last released its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, research analysts anticipate that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. Stantec’s dividend payout ratio (DPR) is presently 22.44%.

Institutional Investors Weigh In On Stantec

Several large investors have recently added to or reduced their stakes in STN. Wolverine Trading LLC lifted its stake in shares of Stantec by 2.4% in the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock valued at $551,000 after purchasing an additional 120 shares during the period. Harvest Portfolios Group Inc. grew its position in Stantec by 4.1% during the third quarter. Harvest Portfolios Group Inc. now owns 3,120 shares of the business services provider’s stock worth $336,000 after buying an additional 122 shares during the period. Parallel Advisors LLC grew its position in Stantec by 15.3% during the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock worth $95,000 after buying an additional 133 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after buying an additional 180 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after buying an additional 206 shares in the last quarter. 63.86% of the stock is owned by hedge funds and other institutional investors.

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.