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

Tutor Perini (NYSE:TPC) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.900-5.300 for the period, compared to the consensus EPS estimate of 4.780. The company issued revenue guidance of -.

Tutor Perini Stock Performance

Shares of TPC traded up $3.31 on Thursday, reaching $89.41. 1,158,410 shares of the company’s stock traded hands, compared to its average volume of 608,418. The stock’s 50 day simple moving average is $76.82 and its two-hundred day simple moving average is $68.17. The stock has a market cap of $4.72 billion, a PE ratio of -168.69 and a beta of 2.21. Tutor Perini has a 52-week low of $18.33 and a 52-week high of $89.51. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.31.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.35 billion. Tutor Perini had a negative net margin of 0.55% and a positive return on equity of 7.07%. The firm’s quarterly revenue was up 41.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.49) EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Analyst Ratings Changes

TPC has been the subject of several research analyst reports. B. Riley Financial reissued a “buy” rating on shares of Tutor Perini in a research note on Thursday, November 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a research report on Wednesday, January 21st. Wall Street Zen lowered Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, UBS Group raised their target price on shares of Tutor Perini from $67.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Tutor Perini currently has an average rating of “Hold” and a consensus target price of $80.50.

Institutional Trading of Tutor Perini

Several institutional investors have recently added to or reduced their stakes in TPC. Comerica Bank grew its position in shares of Tutor Perini by 30.7% in the 1st quarter. Comerica Bank now owns 2,423 shares of the construction company’s stock worth $56,000 after buying an additional 569 shares during the last quarter. AQR Capital Management LLC lifted its stake in Tutor Perini by 42.0% in the first quarter. AQR Capital Management LLC now owns 183,267 shares of the construction company’s stock worth $4,248,000 after acquiring an additional 54,204 shares during the period. Millennium Management LLC lifted its stake in Tutor Perini by 165.2% in the first quarter. Millennium Management LLC now owns 383,530 shares of the construction company’s stock worth $8,890,000 after acquiring an additional 238,933 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Tutor Perini by 13.6% in the first quarter. Goldman Sachs Group Inc. now owns 580,821 shares of the construction company’s stock valued at $13,463,000 after acquiring an additional 69,489 shares in the last quarter. Finally, Norges Bank purchased a new position in Tutor Perini during the 2nd quarter valued at $691,000. 65.01% of the stock is currently 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.