Tutor Perini Corporation (NYSE:TPC – Get Free Report) Director Peter Arkley acquired 5,884 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was acquired at an average cost of $73.85 per share, with a total value of $434,533.40. Following the purchase, the director directly owned 197,601 shares in the company, valued at $14,592,833.85. This represents a 3.07% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Peter Arkley also recently made the following trade(s):
- On Friday, March 6th, Peter Arkley bought 8,117 shares of Tutor Perini stock. The shares were acquired at an average cost of $73.02 per share, for a total transaction of $592,703.34.
- On Thursday, March 5th, Peter Arkley purchased 10,999 shares of Tutor Perini stock. The stock was acquired at an average cost of $72.44 per share, with a total value of $796,767.56.
Tutor Perini Stock Performance
NYSE TPC opened at $72.60 on Friday. The company has a 50-day simple moving average of $77.24 and a two-hundred day simple moving average of $68.80. Tutor Perini Corporation has a 12-month low of $18.33 and a 12-month high of $89.51. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 47.76 and a beta of 2.23. The company has a quick ratio of 1.30, a current ratio of 1.27 and a debt-to-equity ratio of 0.31.
Tutor Perini Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 10th. Tutor Perini’s dividend payout ratio is 15.79%.
Analysts Set New Price Targets
TPC has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Tutor Perini in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, UBS Group raised their target price on Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Tutor Perini has an average rating of “Hold” and an average target price of $86.50.
Get Our Latest Stock Report on Tutor Perini
Key Tutor Perini News
Here are the key news stories impacting Tutor Perini this week:
- Positive Sentiment: Heavy insider buying — CEO Gary Smalley purchased 10,000 shares (~$73.24 avg) and Director Peter Arkley bought a total of 25,000 shares across March 4–6. Large, repeated insider purchases increase confidence management expects further share/value appreciation. Read More. • Read More.
- Positive Sentiment: Earnings beat and upbeat guidance — Tutor Perini topped Q results (EPS $1.07 vs $0.92 est.) and reported ~41% revenue growth YoY; management issued FY2026 EPS guidance of $4.90–$5.30, supporting upside vs. prior expectations. This combination is a major fundamental catalyst. Read More.
- Positive Sentiment: Analyst target raised — UBS lifted its price target to $98 and maintained a Buy, which can attract investor interest and buying momentum. Read More.
- Neutral Sentiment: Dividend declared — Tutor Perini announced a quarterly $0.06 dividend (annualized $0.24, ~0.3% yield). Small cash return to shareholders is positive but immaterial to total return given the low yield. Read More.
- Neutral Sentiment: Institutional activity is mixed — several small institutional increases noted, but overall analyst coverage remains varied; institutional ownership is significant (~65%), so flows can amplify moves but are not yet a clear directional signal. Read More.
- Negative Sentiment: Mixed analyst/street views — despite recent upgrades, some firms (e.g., Weiss Ratings) still carry negative opinions and the consensus rating sits near “Hold,” implying room for divergent views and volatility if future results or backlog details disappoint. Read More.
Institutional Investors Weigh In On Tutor Perini
Several institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP boosted its stake in shares of Tutor Perini by 74.7% during the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock valued at $28,000 after purchasing an additional 183 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Tutor Perini by 446.3% in the fourth quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock worth $29,000 after buying an additional 357 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Tutor Perini by 968.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock worth $31,000 after acquiring an additional 426 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Tutor Perini by 54.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company’s stock worth $36,000 after acquiring an additional 188 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of Tutor Perini by 71.4% in the 4th quarter. Allworth Financial LP now owns 605 shares of the construction company’s stock worth $41,000 after acquiring an additional 252 shares in the last quarter. 65.01% of the stock is owned by hedge funds and other institutional investors.
Tutor Perini Company Profile
Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.
In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.
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