Stantec (NYSE:STN) Trading 5.7% Higher – Still a Buy?

Stantec Inc. (NYSE:STN) (TSE:STN) shot up 5.7% during mid-day trading on Friday . The stock traded as high as $76.38 and last traded at $76.8940. 117,212 shares traded hands during trading, a decline of 66% from the average session volume of 341,075 shares. The stock had previously closed at $72.77.

Analyst Ratings Changes

STN has been the subject of several research reports. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Weiss Ratings upgraded Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Royal Bank Of Canada boosted their target price on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Scotiabank reissued an “outperform” rating on shares of Stantec in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Price Performance

The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 24.55 and a beta of 1.06. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $88.39 and a two-hundred day moving average price of $94.68.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. Stantec had a return on equity of 17.48% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts forecast that Stantec Inc. will post 4.47 EPS for the current year.

Stantec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. Stantec’s dividend payout ratio is currently 22.44%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STN. Wolverine Trading LLC increased its stake in shares of Stantec by 2.4% in the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock valued at $551,000 after purchasing an additional 120 shares during the period. Harvest Portfolios Group Inc. grew its holdings in Stantec by 4.1% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,120 shares of the business services provider’s stock worth $336,000 after buying an additional 122 shares in the last quarter. Westside Investment Management Inc. increased its position in Stantec by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 126 shares during the period. Parallel Advisors LLC increased its position in Stantec by 15.3% in the 4th quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock valued at $95,000 after acquiring an additional 133 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Stantec by 15.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after acquiring an additional 180 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.

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.