Stantec Inc. $STN Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc trimmed its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 78.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,000 shares of the business services provider’s stock after selling 26,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Stantec were worth $604,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Allworth Financial LP lifted its position in shares of 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 acquiring an additional 206 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Stantec by 264.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after purchasing an additional 249 shares in the last quarter. Leonteq Securities AG purchased a new stake in shares of Stantec during the fourth quarter worth approximately $37,000. Tower Research Capital LLC TRC raised its stake in Stantec by 423.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in Stantec in the 4th quarter valued at $57,000. 63.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings cut shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Finally, Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Stantec currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Down 0.1%

Shares of NYSE STN opened at $69.93 on Monday. The company has a market capitalization of $7.92 billion, a P/E ratio of 22.41 and a beta of 1.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. The company has a 50 day simple moving average of $76.70 and a 200-day simple moving average of $87.42. Stantec Inc. has a 1 year low of $66.94 and a 1 year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations 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, equities research analysts predict that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.245 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. Stantec’s dividend payout ratio is currently 22.76%.

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.