Tutor Perini (NYSE:TPC) Stock Rating Cut to Buy at Wall Street Zen

Wall Street Zen downgraded shares of Tutor Perini (NYSE:TPC) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Other equities analysts have also issued reports about the company. Weiss Ratings lowered Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, October 23rd. UBS Group increased their price target on Tutor Perini from $105.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Zacks Research lowered Tutor Perini from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $107.00.

Tutor Perini Stock Up 8.9%

TPC opened at $89.11 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.27 and a quick ratio of 1.29. The company’s 50-day moving average is $83.80 and its 200 day moving average is $81.54. Tutor Perini has a fifty-two week low of $57.90 and a fifty-two week high of $102.30. The firm has a market capitalization of $4.68 billion, a P/E ratio of 33.75 and a beta of 2.12.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data on Wednesday, November 4th. The construction company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.49. Tutor Perini had a net margin of 2.25% and a return on equity of 23.19%. The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the firm posted $0.07 EPS. The firm’s quarterly revenue was up 21.5% compared to the same quarter last year. Research analysts expect that Tutor Perini will post 6.03 earnings per share for the current fiscal year.

Tutor Perini Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, November 19th. Tutor Perini’s dividend payout ratio (DPR) is 13.64%.

Insider Activity

In other Tutor Perini news, Director Dale Reiss sold 13,400 shares of Tutor Perini stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $92.04, for a total value of $1,233,336.00. Following the sale, the director owned 31,203 shares of the company’s stock, valued at approximately $2,871,924.12. The trade was a 30.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Ronald Tutor sold 2,310,000 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $85.59, for a total transaction of $197,712,900.00. Following the completion of the transaction, the chairman owned 701,477 shares in the company, valued at approximately $60,039,416.43. The trade was a 76.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 15.40% of the company’s stock.

Hedge Funds Weigh In On Tutor Perini

Institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in Tutor Perini by 26.8% during the third quarter. Farther Finance Advisors LLC now owns 796 shares of the construction company’s stock valued at $66,000 after acquiring an additional 168 shares during the last quarter. Krilogy Financial LLC lifted its holdings in shares of Tutor Perini by 7.5% in the 3rd quarter. Krilogy Financial LLC now owns 3,475 shares of the construction company’s stock worth $290,000 after acquiring an additional 242 shares during the last quarter. Samalin Investment Counsel LLC lifted its holdings in shares of Tutor Perini by 7.6% in the 3rd quarter. Samalin Investment Counsel LLC now owns 3,544 shares of the construction company’s stock worth $292,000 after acquiring an additional 251 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Tutor Perini by 17.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,782 shares of the construction company’s stock worth $147,000 after acquiring an additional 263 shares during the last quarter. Finally, ProShare Advisors LLC boosted its stake in shares of Tutor Perini by 4.6% in the 3rd quarter. ProShare Advisors LLC now owns 6,283 shares of the construction company’s stock valued at $518,000 after purchasing an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 65.01% of the company’s stock.

More Tutor Perini News

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Tutor Perini reported record third-quarter results, with earnings of $1.83 per share versus the $1.34 consensus and revenue of $1.72 billion versus expectations of $1.63 billion. Revenue rose 21.5% year over year. Tutor Perini Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its 2026 adjusted EPS guidance. Reports also point to expanding margins, infrastructure demand and a substantial $20.4 billion backlog, reinforcing expectations for continued earnings growth. Q3 Earnings Call Highlights Higher Guidance and Backlog
• Positive Sentiment: UBS raised its price target to $107 from $105 and maintained a Buy rating, signaling continued analyst confidence.
• Neutral Sentiment: Unusually high call-option trading—2,503 contracts versus an average of 153—may reflect bullish positioning, though options activity is speculative and does not guarantee future performance.
• Neutral Sentiment: The company declared a quarterly dividend of $0.09 per share, payable December 3. The annualized yield is about 0.4%, a modest income component rather than a major growth catalyst. Quarterly Dividend Announcement

About Tutor Perini

Tutor Perini Corporation (NYSE:TPC) is a construction company that provides general contracting, construction management, and design-build services. Its operations are organized around civil, building, and specialty contracting activities, serving public agencies, private developers, and other institutional customers.

The company’s civil construction work includes major infrastructure such as highways, bridges, tunnels, mass-transit systems, airports, water and wastewater facilities, and other transportation and utility projects.