Stantec Inc. $STN Stock Holdings Increased by Man Group plc

Man Group plc raised its holdings in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 103.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,579,537 shares of the business services provider’s stock after acquiring an additional 803,322 shares during the period. Man Group plc’s holdings in Stantec were worth $149,247,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Stantec by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock valued at $468,622,000 after acquiring an additional 92,641 shares in the last quarter. Bank of Montreal Can raised its stake in Stantec by 25.2% during the 4th 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 in the last quarter. Royal Bank of Canada raised its stake in Stantec by 2.9% during the 4th 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 in the last quarter. Alliancebernstein L.P. raised its stake in Stantec by 0.8% during the 3rd 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 in the last quarter. Finally, Fiera Capital Corp raised its stake in Stantec by 3.5% during the 3rd quarter. Fiera Capital Corp now owns 2,469,545 shares of the business services provider’s stock valued at $266,236,000 after acquiring an additional 84,251 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.

Stantec Stock Performance

Shares of NYSE STN opened at $69.70 on Thursday. 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 stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 22.34 and a beta of 0.98. The stock’s fifty day simple moving average is $81.63 and its 200 day simple moving average is $89.65. Stantec Inc. has a 52-week low of $69.47 and a 52-week high of $114.51.

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. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts forecast that Stantec Inc. will post 4.5 earnings per share for the current fiscal year.

Stantec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.245 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. Stantec’s payout ratio is 22.44%.

Analysts Set New Price Targets

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

Stantec 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.