Stantec Inc. (NYSE:STN) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $175.00.

A number of equities analysts have commented on STN shares. Weiss Ratings lowered shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Finally, Scotiabank restated an “outperform” rating on shares of Stantec in a research report on Friday, August 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in STN. Bank of America Corp DE boosted its holdings in Stantec by 12.6% in the first quarter. Bank of America Corp DE now owns 1,140,686 shares of the business services provider’s stock valued at $98,555,000 after acquiring an additional 127,229 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Stantec by 59.8% in the 1st quarter. Quantinno Capital Management LP now owns 58,909 shares of the business services provider’s stock valued at $5,090,000 after purchasing an additional 22,036 shares during the last quarter. BlackRock Inc. bought a new position in shares of Stantec in the 2nd quarter valued at about $26,494,000. Amundi grew its position in shares of Stantec by 27.2% during the 2nd quarter. Amundi now owns 1,050,103 shares of the business services provider’s stock worth $86,775,000 after buying an additional 224,462 shares during the period. Finally, Wellington Management Group LLP bought a new stake in shares of Stantec during the second quarter worth approximately $11,908,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Stock Down 1.2%

Shares of NYSE STN opened at $66.72 on Thursday. The stock has a market cap of $7.48 billion, a PE ratio of 20.79 and a beta of 1.01. The business has a fifty day moving average of $71.59 and a two-hundred day moving average of $75.89. Stantec has a 52-week low of $65.35 and a 52-week high of $114.51. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.50 and a current ratio of 1.50.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities research analysts expect that Stantec will post 4.46 earnings per share for the current fiscal year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be paid a C$0.24 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.5%. Stantec’s dividend payout ratio (DPR) is 22.12%.

About Stantec

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects across the buildings, energy and resources, environment, and water sectors.

The company serves public- and private-sector clients involved in transportation, community development, buildings, water and wastewater systems, environmental restoration, energy infrastructure, and natural resources.