Tutor Perini (NYSE:TPC) Issues FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.150-5.450 for the period, compared to the consensus earnings per share estimate of 5.090. The company issued revenue guidance of -.

Tutor Perini Stock Up 13.4%

Tutor Perini stock opened at $95.86 on Friday. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 41.32 and a beta of 2.05. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. Tutor Perini has a fifty-two week low of $53.83 and a fifty-two week high of $102.30. The firm has a fifty day moving average price of $78.99 and a two-hundred day moving average price of $79.26.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $1.07. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.57 billion. Tutor Perini had a return on equity of 21.26% and a net margin of 2.08%.The firm’s revenue was up 19.2% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. Tutor Perini has set its FY 2026 guidance at 5.150-5.450 EPS. As a group, analysts forecast that Tutor Perini will post 5.18 earnings per share for the current year.

Tutor Perini Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 19th will be issued a $0.09 dividend. This is an increase from Tutor Perini’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.36 dividend on an annualized basis and a yield of 0.4%. Tutor Perini’s payout ratio is 16.33%.

Analyst Ratings Changes

A number of research analysts have recently commented on TPC shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a report on Friday, July 17th. Zacks Research lowered shares of Tutor Perini from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Wall Street Zen cut shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, UBS Group increased their price target on shares of Tutor Perini from $98.00 to $105.00 and gave the company a “buy” rating in a report on Thursday. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Tutor Perini has a consensus rating of “Hold” and an average price target of $105.00.

Insider Activity

In other news, Director Robert C. Lieber sold 17,500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the completion of the transaction, the director directly owned 149,410 shares of the company’s stock, valued at approximately $11,259,537.60. This trade represents a 10.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.40% of the company’s stock.

Institutional Investors Weigh In On Tutor Perini

Several large investors have recently modified their holdings of TPC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Tutor Perini by 1.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087,666 shares of the construction company’s stock worth $71,340,000 after purchasing an additional 10,898 shares during the last quarter. State Street Corp grew its stake in Tutor Perini by 1.0% during the fourth quarter. State Street Corp now owns 1,018,311 shares of the construction company’s stock worth $68,247,000 after buying an additional 10,368 shares during the last quarter. Gendell Jeffrey L increased its holdings in shares of Tutor Perini by 95.0% during the fourth quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company’s stock worth $59,642,000 after buying an additional 433,559 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Tutor Perini by 18.7% during the third quarter. Millennium Management LLC now owns 824,821 shares of the construction company’s stock worth $54,100,000 after buying an additional 129,941 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Tutor Perini by 5.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 779,292 shares of the construction company’s stock valued at $52,228,000 after acquiring an additional 43,757 shares during the last quarter. 65.01% of the stock is currently owned by institutional investors.

About Tutor Perini

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.