Quantinno Capital Management LP Buys 22,036 Shares of Stantec Inc. $STN

Quantinno Capital Management LP raised its stake in Stantec Inc. (NYSE:STN) (TSE:STN) by 59.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,909 shares of the business services provider’s stock after buying an additional 22,036 shares during the period. Quantinno Capital Management LP owned 0.05% of Stantec worth $5,090,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Lazard Asset Management LLC boosted its holdings in shares of Stantec by 137.3% during the 1st quarter. Lazard Asset Management LLC now owns 6,226 shares of the business services provider’s stock valued at $538,000 after acquiring an additional 3,602 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in Stantec in the 1st quarter worth about $1,741,000. Lombard Odier Asset Management Switzerland SA acquired a new position in Stantec in the 1st quarter worth about $290,000. Walleye Capital LLC increased its holdings in Stantec by 315.2% in the 1st quarter. Walleye Capital LLC now owns 16,135 shares of the business services provider’s stock worth $1,394,000 after purchasing an additional 12,249 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in Stantec by 54.3% in the first quarter. Cetera Investment Advisers now owns 8,288 shares of the business services provider’s stock valued at $716,000 after purchasing an additional 2,918 shares during the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on STN shares. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Weiss Ratings downgraded 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Down 0.1%

Shares of NYSE:STN opened at $73.04 on Friday. The firm has a market cap of $8.21 billion, a P/E ratio of 23.41 and a beta of 0.99. Stantec Inc. has a 12-month low of $66.26 and a 12-month high of $114.51. The business has a fifty day simple moving average of $70.52 and a 200 day simple moving average of $82.91. 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 released its quarterly earnings results 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 analyst estimates 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. Analysts predict that Stantec Inc. will post 4.43 earnings per share for the current year.

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid 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 was Tuesday, June 30th. Stantec’s payout ratio is currently 22.12%.

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.