Stantec Inc. (NYSE:STN) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Stantec Inc. (NYSE:STNGet Free Report) (TSE:STN) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $175.00.

Several analysts have commented on the company. Weiss Ratings lowered Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Royal Bank Of Canada raised their price objective on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen lowered Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th.

Check Out Our Latest Research Report on Stantec

Hedge Funds Weigh In On Stantec

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Stantec by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock valued at $468,622,000 after purchasing an additional 92,641 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Stantec by 25.2% during the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock valued at $421,321,000 after acquiring an additional 897,912 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Stantec by 2.9% during the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock valued at $389,890,000 after acquiring an additional 117,613 shares during the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock valued at $300,340,000 after acquiring an additional 557,434 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Stantec by 0.8% during the third quarter. Alliancebernstein L.P. now owns 3,475,699 shares of the business services provider’s stock valued at $374,680,000 after acquiring an additional 26,388 shares during the last quarter. 63.86% of the stock is owned by hedge funds and other institutional investors.

Stantec Stock Up 1.3%

STN opened at $68.57 on Tuesday. Stantec has a fifty-two week low of $66.94 and a fifty-two week high of $114.51. 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 company has a fifty day moving average of $80.47 and a two-hundred day moving average of $89.07. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 21.98 and a beta of 0.98.

Stantec (NYSE:STNGet Free Report) (TSE:STN) last released its quarterly earnings data 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. Stantec had a net margin of 5.92% and a return on equity of 19.37%. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, research analysts expect that Stantec will post 4.5 earnings per share for the current year.

Stantec Dividend Announcement

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

About Stantec

(Get Free Report)

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.

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Analyst Recommendations for Stantec (NYSE:STN)

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