Stantec Inc. $STN Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. lowered its position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 268,308 shares of the business services provider’s stock after selling 13,438 shares during the quarter. Cibc World Market Inc. owned 0.24% of Stantec worth $25,320,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of STN. Norges Bank bought a new stake in shares of Stantec in the 4th quarter worth approximately $124,217,000. Intech Investment Management LLC boosted its holdings in Stantec by 1,678.2% during the fourth quarter. Intech Investment Management LLC now owns 93,962 shares of the business services provider’s stock worth $8,878,000 after buying an additional 88,678 shares in the last quarter. Geode Capital Management LLC grew its position in Stantec by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 1,058,720 shares of the business services provider’s stock worth $100,355,000 after buying an additional 68,978 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Stantec by 11.1% in the fourth quarter. Legal & General Group Plc now owns 892,069 shares of the business services provider’s stock valued at $84,290,000 after buying an additional 89,172 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in shares of Stantec by 357.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 11,616 shares of the business services provider’s stock valued at $1,096,000 after acquiring an additional 9,076 shares during the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Royal Bank Of Canada boosted their price objective on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Finally, ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Price Performance

Shares of NYSE:STN opened at $75.12 on Friday. The company’s fifty day moving average is $84.26 and its two-hundred day moving average is $91.15. The company has a market cap of $8.57 billion, a P/E ratio of 24.08 and a beta of 0.98. Stantec Inc. has a 12-month low of $72.46 and a 12-month high of $114.51. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The business had revenue of $1.22 billion for 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. Equities analysts expect that Stantec Inc. will post 4.5 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Stantec’s dividend payout ratio is 22.76%.

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.