Gary Smalley Buys 10,000 Shares of Tutor Perini (NYSE:TPC) Stock

Tutor Perini Corporation (NYSE:TPC) CEO Gary Smalley purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was acquired at an average cost of $73.24 per share, for a total transaction of $732,400.00. Following the completion of the purchase, the chief executive officer owned 91,479 shares of the company’s stock, valued at approximately $6,699,921.96. This represents a 12.27% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Tutor Perini Stock Performance

TPC opened at $72.60 on Friday. Tutor Perini Corporation has a twelve month low of $18.33 and a twelve month high of $89.51. The firm has a market capitalization of $3.83 billion, a PE ratio of 47.76 and a beta of 2.23. The company has a current ratio of 1.27, a quick ratio of 1.30 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average price is $77.24 and its 200 day moving average price is $68.80.

Tutor Perini (NYSE:TPC) last released its 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 business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The business’s revenue was up 41.2% on a year-over-year basis. During the same period last year, the company posted ($1.49) EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Tutor Perini’s payout ratio is 15.79%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Plato Investment Management Ltd increased its position in shares of Tutor Perini by 5,803.4% during the third quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company’s stock worth $453,000 after acquiring an additional 6,848 shares during the period. JPMorgan Chase & Co. boosted its holdings in Tutor Perini by 15.4% in the third quarter. JPMorgan Chase & Co. now owns 406,546 shares of the construction company’s stock valued at $26,665,000 after purchasing an additional 54,248 shares during the period. Counterpoint Mutual Funds LLC boosted its stake in shares of Tutor Perini by 491.0% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 49,139 shares of the construction company’s stock valued at $3,223,000 after buying an additional 40,824 shares during the period. Hillsdale Investment Management Inc. grew its holdings in Tutor Perini by 39,576.5% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 67,450 shares of the construction company’s stock worth $4,424,000 after acquiring an additional 67,280 shares in the last quarter. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of Tutor Perini in the 3rd quarter valued at approximately $784,000. 65.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on TPC. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a report on Wednesday, January 21st. Wall Street Zen lowered shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, UBS Group raised their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $86.50.

Key Stories Impacting Tutor Perini

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.

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.