Tutor Perini Corporation (NYSE:TPC – Free Report) – Equities researchers at B. Riley lowered their Q4 2025 earnings per share estimates for Tutor Perini in a research report issued on Wednesday, July 16th. B. Riley analyst L. Burke now forecasts that the construction company will earn $0.53 per share for the quarter, down from their prior estimate of $0.54. B. Riley has a “Buy” rating and a $50.00 price target on the stock.
A number of other analysts have also recently commented on TPC. UBS Group upped their price target on Tutor Perini from $41.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, July 10th. Wall Street Zen upgraded Tutor Perini from a “hold” rating to a “buy” rating in a research report on Thursday, May 8th.
Tutor Perini Stock Up 0.3%
Tutor Perini stock opened at $50.93 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a fifty day moving average of $40.76 and a 200 day moving average of $29.40. The stock has a market cap of $2.68 billion, a PE ratio of -17.68 and a beta of 1.79. Tutor Perini has a one year low of $14.50 and a one year high of $51.67.
Tutor Perini (NYSE:TPC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The construction company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.47. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Tutor Perini had a negative return on equity of 11.64% and a negative net margin of 3.35%. Tutor Perini’s revenue for the quarter was up 18.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 earnings per share.
Institutional Trading of Tutor Perini
Several institutional investors have recently made changes to their positions in TPC. Donald Smith & CO. Inc. grew its position in shares of Tutor Perini by 16.8% during the first quarter. Donald Smith & CO. Inc. now owns 4,031,220 shares of the construction company’s stock worth $93,444,000 after purchasing an additional 580,963 shares in the last quarter. Boston Partners grew its position in shares of Tutor Perini by 1,801.4% during the fourth quarter. Boston Partners now owns 605,450 shares of the construction company’s stock worth $14,666,000 after purchasing an additional 573,608 shares in the last quarter. Pacer Advisors Inc. purchased a new stake in shares of Tutor Perini during the first quarter worth about $13,122,000. Fred Alger Management LLC grew its position in shares of Tutor Perini by 91.9% during the fourth quarter. Fred Alger Management LLC now owns 1,133,014 shares of the construction company’s stock worth $27,419,000 after purchasing an additional 542,647 shares in the last quarter. Finally, Amanah Holdings Trust bought a new position in Tutor Perini during the second quarter valued at approximately $19,163,000. Hedge funds and other institutional investors own 65.01% of the company’s stock.
Insider Transactions at Tutor Perini
In related news, Chairman Ronald N. Tutor sold 130,478 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $40.93, for a total transaction of $5,340,464.54. Following the completion of the sale, the chairman owned 4,570,985 shares in the company, valued at approximately $187,090,416.05. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Raymond R. Oneglia sold 25,000 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $36.14, for a total value of $903,500.00. Following the sale, the director owned 90,470 shares of the company’s stock, valued at $3,269,585.80. This represents a 21.65% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 410,000 shares of company stock valued at $15,891,651. Company insiders own 17.30% of the company’s stock.
Tutor Perini Company Profile
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.
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