Brokerages Set Stantec Inc. (NYSE:STN) Price Target at $175.00

Stantec Inc. (NYSE:STN) (TSE:STN) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $175.00.

A number of research firms have commented on STN. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Zacks Research upgraded shares of Stantec from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Stantec in a research note on Wednesday, January 21st. Scotiabank restated an “outperform” rating on shares of Stantec in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada lifted 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.

Institutional Trading of Stantec

Several institutional investors have recently made changes to their positions in the business. Wolverine Trading LLC lifted its holdings in Stantec by 2.4% in the 3rd quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock worth $551,000 after purchasing an additional 120 shares in the last quarter. Harvest Portfolios Group Inc. grew its holdings in Stantec by 4.1% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,120 shares of the business services provider’s stock valued at $336,000 after buying an additional 122 shares in the last quarter. Westside Investment Management Inc. grew its holdings in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock valued at $27,000 after buying an additional 126 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Stantec by 15.3% during the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock valued at $95,000 after buying an additional 133 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Stantec by 15.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after buying an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Performance

Shares of STN opened at $89.96 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.47. The business has a 50-day simple moving average of $95.12 and a two-hundred day simple moving average of $100.87. The stock has a market cap of $10.26 billion, a price-to-earnings ratio of 29.79 and a beta of 1.12. Stantec has a 52 week low of $77.07 and a 52 week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, analysts expect that Stantec will post 3.05 EPS for the current year.

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.245 dividend. The ex-dividend date is Tuesday, March 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.23. This represents a $0.98 annualized dividend and a dividend yield of 1.1%. Stantec’s dividend payout ratio (DPR) is presently 23.51%.

Stantec Company Profile

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.