Tutor Perini (NYSE:TPC) Stock Price Expected to Rise, UBS Group Analyst Says

Tutor Perini (NYSE:TPC – Get Free Report) had its price target lifted by analysts at UBS Group from $105.00 to $107.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the construction company’s stock. UBS Group‘s price objective would indicate a potential upside of 32.30% from the company’s previous close.

TPC has been the subject of several other research reports. Wall Street Zen raised shares of Tutor Perini from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. Zacks Research cut Tutor Perini from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Weiss Ratings cut Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, October 23rd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.00.

View Our Latest Analysis on Tutor Perini

Tutor Perini Price Performance

Shares of Tutor Perini stock traded down $2.25 on Thursday, hitting $80.88. 1,755,575 shares of the company traded hands, compared to its average volume of 600,415. Tutor Perini has a 52 week low of $57.90 and a 52 week high of $102.30. The business has a 50-day simple moving average of $84.02 and a 200 day simple moving average of $81.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market capitalization of $4.26 billion, a P/E ratio of 34.86 and a beta of 2.12.

Tutor Perini (NYSE:TPC – Get Free Report) last issued its earnings results on Wednesday, November 4th. The construction company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.49. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.63 billion. Tutor Perini had a net margin of 2.08% and a return on equity of 20.95%. Tutor Perini’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.07 earnings per share. Research analysts expect that Tutor Perini will post 5.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Tutor Perini

In other news, Director Sidney J. Feltenstein sold 184,209 shares of Tutor Perini stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $97.05, for a total value of $17,877,483.45. Following the completion of the transaction, the director owned 6,700 shares in the company, valued at approximately $650,235. The trade was a 96.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Ronald N. Tutor sold 2,310,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $85.59, for a total transaction of $197,712,900.00. Following the completion of the sale, the chairman directly owned 701,477 shares in the company, valued at $60,039,416.43. This trade represents a 76.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,507,609 shares of company stock worth $216,823,719 over the last 90 days. 15.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Tutor Perini during the second quarter valued at approximately $358,248,000. Dimensional Fund Advisors LP increased its holdings in shares of Tutor Perini by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,732,254 shares of the construction company’s stock valued at $133,697,000 after purchasing an additional 12,573 shares in the last quarter. First Trust Advisors LP raised its holdings in Tutor Perini by 32.7% in the 1st quarter. First Trust Advisors LP now owns 1,358,899 shares of the construction company’s stock worth $104,893,000 after purchasing an additional 334,632 shares during the period. Principal Financial Group Inc. purchased a new position in Tutor Perini during the first quarter valued at $59,754,000. Finally, Donald Smith & CO. Inc. acquired a new stake in shares of Tutor Perini in the second quarter worth approximately $40,407,000. Hedge funds and other institutional investors own 65.01% of the company’s stock.

Key Stories Impacting Tutor Perini

Here are the key news stories impacting Tutor Perini this week:

  • Positive Sentiment: Third-quarter EPS of $1.83 beat the $1.34 consensus, while revenue of $1.72 billion exceeded estimates of $1.63 billion and rose 21.5% year over year. The company also raised its 2026 adjusted EPS guidance. Tutor Perini Q3 results and guidance
  • Positive Sentiment: Management highlighted a $20.4 billion backlog, expanding margins and strong infrastructure demand—factors that support expectations for continued business and earnings growth. Q3 call highlights
  • Neutral Sentiment: Tutor Perini declared a quarterly dividend of $0.09 per share (0.4% annualized yield), payable December 3 to shareholders of record November 19. The modest payout is unlikely to be a major near-term share-price driver.
  • Neutral Sentiment: A valuation article cited a view that TPC may be 27% undervalued, which could support investor interest, but this is an assessment rather than a company announcement. Tutor Perini valuation article

About Tutor Perini

(Get Free Report)

Tutor Perini Corporation (NYSE:TPC) is a construction company that provides general contracting, construction management, and design-build services. Its operations are organized around civil, building, and specialty contracting activities, serving public agencies, private developers, and other institutional customers.

The company’s civil construction work includes major infrastructure such as highways, bridges, tunnels, mass-transit systems, airports, water and wastewater facilities, and other transportation and utility projects.

Featured Articles

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.