Andra AP fonden Invests $5.62 Million in Stantec Inc. $STN

Andra AP fonden bought a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 52,100 shares of the business services provider’s stock, valued at approximately $5,616,000.

Other institutional investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its position in shares of Stantec by 100.0% in 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 during the last quarter. Simplex Trading LLC acquired a new position in shares of Stantec during the second quarter worth $32,000. Tower Research Capital LLC TRC increased its holdings in Stantec by 423.7% in the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after buying an additional 411 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Stantec by 122.5% in the second quarter. PNC Financial Services Group Inc. now owns 712 shares of the business services provider’s stock valued at $77,000 after buying an additional 392 shares in the last quarter. Finally, McIlrath & Eck LLC purchased a new stake in Stantec during the 2nd quarter worth about $143,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on STN. Desjardins reaffirmed a “buy” rating on shares of Stantec in a research report on Monday, November 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stantec in a report on Wednesday, January 21st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Stantec in a research note on Monday, November 17th. Zacks Research raised shares of Stantec from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Stantec presently has a consensus rating of “Moderate Buy”.

Stantec Stock Down 2.7%

STN stock opened at $92.70 on Friday. The company has a market cap of $10.57 billion, a price-to-earnings ratio of 30.69 and a beta of 1.12. The company has a fifty day moving average price of $96.43 and a 200 day moving average price of $102.37. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.27 and a quick ratio of 1.27. Stantec Inc. has a 12 month low of $77.07 and a 12 month high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data 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 net margin of 5.90% and a return on equity of 17.22%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Sell-side analysts expect that Stantec Inc. will post 3.05 earnings per share for the current year.

Stantec Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.23. Stantec’s payout ratio is 21.85%.

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.