Stantec Inc. (NYSE:STN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Stantec Inc. (NYSE:STN) (TSE:STN) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $175.00.

A number of research analysts have issued reports on STN shares. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Zacks Research raised shares of Stantec from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 21st. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Weiss Ratings downgraded shares of Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Finally, Royal Bank Of Canada upped their price objective 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.

Stantec Price Performance

NYSE:STN opened at $87.77 on Thursday. The firm has a market cap of $10.01 billion, a price-to-earnings ratio of 29.06 and a beta of 1.12. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average is $91.25 and its two-hundred day moving average is $98.46. Stantec has a 12-month low of $78.91 and a 12-month high of $114.51.

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

Stantec Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.98 dividend on an annualized basis 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 currently 23.84%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Purpose Unlimited Inc. acquired a new position in shares of Stantec during the 4th quarter valued at about $1,673,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Stantec by 1,148.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,174 shares of the business services provider’s stock valued at $111,000 after acquiring an additional 1,080 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Stantec during the 4th quarter valued at about $587,000. Invesco Ltd. increased its stake in shares of Stantec by 8.7% during the 4th quarter. Invesco Ltd. now owns 709,302 shares of the business services provider’s stock valued at $66,930,000 after acquiring an additional 56,995 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its position in Stantec by 128.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 5,808 shares of the business services provider’s stock worth $548,000 after purchasing an additional 3,268 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

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.