UBS Group AG trimmed its holdings in shares of Tutor Perini Corporation (NYSE:TPC – Free Report) by 31.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 401,621 shares of the construction company’s stock after selling 185,690 shares during the quarter. UBS Group AG’s holdings in Tutor Perini were worth $26,917,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Quarry LP increased its stake in Tutor Perini by 74.7% during the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock worth $28,000 after purchasing an additional 183 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Tutor Perini by 968.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock worth $31,000 after purchasing an additional 426 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Tutor Perini by 2,085.3% during the 4th quarter. Farther Finance Advisors LLC now owns 743 shares of the construction company’s stock worth $50,000 after purchasing an additional 709 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in Tutor Perini during the 3rd quarter worth approximately $72,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in Tutor Perini during the 3rd quarter worth approximately $92,000. 65.01% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
TPC has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. UBS Group increased their target price on Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen downgraded Tutor Perini from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $86.50.
Tutor Perini Trading Down 0.1%
NYSE:TPC opened at $82.79 on Monday. Tutor Perini Corporation has a twelve month low of $29.80 and a twelve month high of $100.00. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.31. The business has a 50 day moving average price of $79.20 and a two-hundred day moving average price of $74.12. The company has a market cap of $4.36 billion, a P/E ratio of 56.32 and a beta of 2.18.
Tutor Perini (NYSE:TPC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The construction company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the firm posted $0.65 EPS. The business’s revenue was up 11.5% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. As a group, analysts expect that Tutor Perini Corporation will post 5.18 EPS for the current fiscal year.
Tutor Perini Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, May 21st. Tutor Perini’s dividend payout ratio is presently 16.33%.
Insider Activity at Tutor Perini
In related news, Director Peter Arkley acquired 8,117 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was bought at an average price of $73.02 per share, with a total value of $592,703.34. Following the acquisition, the director owned 216,717 shares in the company, valued at $15,824,675.34. This represents a 3.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary G. Smalley acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was bought at an average cost of $73.24 per share, with a total value of $732,400.00. Following the acquisition, the chief executive officer owned 91,479 shares in the company, valued at $6,699,921.96. The trade was a 12.27% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 35,000 shares of company stock valued at $2,556,404. 15.40% of the stock is currently owned by insiders.
Key Stories Impacting Tutor Perini
Here are the key news stories impacting Tutor Perini this week:
- Positive Sentiment: Tutor Perini beat Q1 earnings estimates, reporting $1.03 per share versus the $0.96 consensus, with earnings up sharply from $0.53 a year ago. Article Title
- Positive Sentiment: The company guided to 2026 adjusted EPS of $4.90-$5.30 and said it expects double-digit revenue growth, reinforcing confidence in future profitability. Article Title
- Positive Sentiment: Recent commentary highlighted Tutor Perini as potentially undervalued, with strong cash strength and backlog supporting buybacks and a valuation gap, which can attract value investors. Article Title
- Neutral Sentiment: Zacks noted the stock screens well on momentum and value metrics, but this was largely a style-factor assessment rather than a new operational catalyst. Article Title
- Neutral Sentiment: Another Zacks piece asked whether TPC is undervalued, reinforcing the valuation debate but not adding a major new catalyst. Article Title
- Neutral Sentiment: The company also declared a $0.06 quarterly dividend, a modest shareholder return that is supportive but unlikely to be a primary driver of the stock.
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.
Featured Stories
- Five stocks we like better than Tutor Perini
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
- 3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill
Want to see what other hedge funds are holding TPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tutor Perini Corporation (NYSE:TPC – Free Report).
Receive News & Ratings for Tutor Perini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tutor Perini and related companies with MarketBeat.com's FREE daily email newsletter.
