Cumberland Partners Ltd Has $1.04 Million Stake in Stantec Inc. $STN

Cumberland Partners Ltd decreased its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 92.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,020 shares of the business services provider’s stock after selling 147,509 shares during the quarter. Cumberland Partners Ltd’s holdings in Stantec were worth $1,037,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in Stantec by 1,504.9% in the first quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider’s stock valued at $162,000 after acquiring an additional 1,836 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Stantec by 15.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider’s stock worth $13,621,000 after purchasing an additional 22,524 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Stantec by 73.2% during the 1st quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider’s stock worth $1,828,000 after purchasing an additional 9,325 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Stantec during the 2nd quarter valued at $361,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Stantec by 15.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after purchasing an additional 180 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Stantec Stock Up 1.1%

STN stock opened at $67.50 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. Stantec Inc. has a 52-week low of $66.26 and a 52-week high of $114.51. The company has a 50-day moving average of $71.35 and a two-hundred day moving average of $84.71. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 21.63 and a beta of 1.00.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. The business 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. As a group, equities research analysts anticipate that Stantec Inc. will post 4.43 EPS for the current year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.245 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a yield of 1.5%. Stantec’s dividend payout ratio (DPR) is 22.12%.

About Stantec

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.