Ieq Capital LLC Buys New Shares in Stantec Inc. $STN

Ieq Capital LLC purchased a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,970 shares of the business services provider’s stock, valued at approximately $1,100,000.

Other large investors also recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Stantec by 264.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after acquiring an additional 249 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Stantec in the 4th quarter worth about $37,000. Addison Advisors LLC purchased a new position in shares of Stantec in the 2nd quarter worth about $33,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Stantec by 423.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 411 shares in the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Up 2.8%

Shares of NYSE STN opened at $75.58 on Thursday. The firm has a market capitalization of $8.50 billion, a PE ratio of 23.55 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec Inc. has a 1 year low of $66.26 and a 1 year high of $114.51. The firm’s 50-day moving average is $70.78 and its 200-day moving average is $80.34.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.01. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec had a return on equity of 19.70% and a net margin of 5.91%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities analysts expect that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 29th. Stantec’s dividend payout ratio (DPR) is currently 21.50%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Scotiabank reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Weiss Ratings cut shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Stantec currently has an average rating of “Moderate Buy” and a consensus target price of $175.00.

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.