Genus Capital Management Inc. Sells 59,240 Shares of Stantec Inc. $STN

Genus Capital Management Inc. reduced its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 93.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,294 shares of the business services provider’s stock after selling 59,240 shares during the period. Genus Capital Management Inc.’s holdings in Stantec were worth $406,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its holdings in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock worth $27,000 after purchasing an additional 126 shares in the last quarter. Allworth Financial LP increased its holdings in Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after purchasing an additional 206 shares in the last quarter. Leonteq Securities AG bought a new stake in Stantec during the 4th quarter worth approximately $37,000. Tower Research Capital LLC TRC increased its holdings in Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after purchasing an additional 411 shares in the last quarter. Finally, Toth Financial Advisory Corp bought a new stake in Stantec during the 4th quarter worth approximately $57,000. 63.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. 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. Weiss Ratings lowered Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Finally, Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Performance

STN stock opened at $76.57 on Tuesday. The firm has a market cap of $8.73 billion, a PE ratio of 24.54 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average of $86.37 and a 200-day moving average of $92.96. Stantec Inc. has a 12-month low of $72.46 and a 12-month high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) 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 analyst estimates of $1.23 billion. Stantec had a return on equity of 17.69% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts expect that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued 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 1.3%. Stantec’s dividend payout ratio is currently 22.44%.

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.