Addenda Capital Inc. Has $7.30 Million Stake in Stantec Inc. $STN

Addenda Capital Inc. trimmed its holdings in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 9.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,400 shares of the business services provider’s stock after selling 8,449 shares during the period. Addenda Capital Inc. owned 0.07% of Stantec worth $7,303,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westside Investment Management Inc. increased 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 purchasing an additional 126 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 411 shares in the last quarter. Toth Financial Advisory Corp acquired a new stake in Stantec during the 4th quarter valued at $57,000. Danske Bank A S acquired a new stake in Stantec during the 3rd quarter valued at $89,000. Finally, Keystone Financial Group bought a new position in Stantec in the 3rd quarter valued at $103,000. 63.86% of the stock is owned by institutional investors and hedge funds.

Stantec Stock Up 1.7%

Shares of STN opened at $87.77 on Thursday. Stantec Inc. has a 52 week low of $78.91 and a 52 week high of $114.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $10.01 billion, a price-to-earnings ratio of 29.06 and a beta of 1.12. The business’s fifty day moving average price is $91.25 and its two-hundred day moving average price is $98.46.

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

Stantec Increases Dividend

The business also recently declared 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 represents a $0.98 annualized dividend and a dividend yield of 1.1%. This is an increase from Stantec’s previous quarterly dividend of $0.23. Stantec’s dividend payout ratio is 23.84%.

Analyst Ratings Changes

STN has been the topic of a number of recent research reports. Scotiabank reiterated an “outperform” rating on shares of Stantec in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price objective on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Weiss Ratings lowered Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Zacks Research upgraded Stantec from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $175.00.

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.