B. Riley Brokers Reduce Earnings Estimates for Tutor Perini

Tutor Perini Corporation (NYSE:TPC) – Equities research analysts at B. Riley reduced their Q3 2025 earnings per share (EPS) estimates for Tutor Perini in a report issued on Wednesday, July 16th. B. Riley analyst L. Burke now forecasts that the construction company will post earnings per share of $0.48 for the quarter, down from their previous forecast of $0.49. B. Riley currently has a “Buy” rating and a $50.00 target price on the stock. B. Riley also issued estimates for Tutor Perini’s FY2025 earnings at $1.83 EPS, FY2025 earnings at $1.83 EPS and FY2026 earnings at $2.86 EPS.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings results on Wednesday, May 7th. The construction company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.47. Tutor Perini had a negative return on equity of 11.64% and a negative net margin of 3.35%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company earned $0.30 earnings per share. The company’s revenue was up 18.8% on a year-over-year basis.

Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Friday. UBS Group lifted their price objective on Tutor Perini from $41.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, July 10th.

Tutor Perini Price Performance

NYSE TPC opened at $50.11 on Friday. Tutor Perini has a one year low of $14.50 and a one year high of $51.98. The stock has a 50-day moving average of $41.17 and a 200 day moving average of $29.58. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of -17.40 and a beta of 1.79. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.33.

Insider Transactions at Tutor Perini

In other Tutor Perini news, Director Raymond R. Oneglia sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $36.14, for a total transaction of $903,500.00. Following the completion of the sale, the director directly owned 90,470 shares in the company, valued at $3,269,585.80. The trade was a 21.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Ronald N. Tutor sold 130,478 shares of the business’s stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $40.93, for a total value of $5,340,464.54. Following the sale, the chairman owned 4,570,985 shares of the company’s stock, valued at approximately $187,090,416.05. This represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 410,000 shares of company stock valued at $15,891,651. Corporate insiders own 17.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its position in shares of Tutor Perini by 32.5% during the 1st quarter. GAMMA Investing LLC now owns 2,080 shares of the construction company’s stock valued at $48,000 after buying an additional 510 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in shares of Tutor Perini during the 1st quarter valued at about $54,000. Comerica Bank lifted its position in shares of Tutor Perini by 30.7% during the 1st quarter. Comerica Bank now owns 2,423 shares of the construction company’s stock valued at $56,000 after buying an additional 569 shares in the last quarter. CWM LLC lifted its position in shares of Tutor Perini by 32.8% during the 1st quarter. CWM LLC now owns 3,442 shares of the construction company’s stock valued at $80,000 after buying an additional 850 shares in the last quarter. Finally, AlphaQuest LLC lifted its position in shares of Tutor Perini by 849.2% during the 1st quarter. AlphaQuest LLC now owns 3,436 shares of the construction company’s stock valued at $80,000 after buying an additional 3,074 shares in the last quarter. 65.01% of the stock is owned by hedge funds and other institutional investors.

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.