Tutor Perini (NYSE:TPC) Stock Price Expected to Rise, UBS Group Analyst Says

Tutor Perini (NYSE:TPC) had its price target increased by UBS Group from $86.00 to $98.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. UBS Group’s price target indicates a potential upside of 40.62% from the company’s current price.

Several other brokerages have also recently commented on TPC. Wall Street Zen cut Tutor Perini from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a research report on Wednesday, January 21st. Finally, B. Riley Financial reaffirmed a “buy” rating on shares of Tutor Perini in a research note on Thursday, November 6th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $86.50.

Tutor Perini Stock Performance

Tutor Perini stock opened at $69.69 on Monday. Tutor Perini has a fifty-two week low of $18.33 and a fifty-two week high of $89.51. The firm’s 50 day simple moving average is $77.03 and its 200-day simple moving average is $68.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.30 and a quick ratio of 1.30. The company has a market cap of $3.68 billion, a P/E ratio of 45.85 and a beta of 2.23.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.15%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the firm earned ($1.49) EPS. The firm’s quarterly revenue was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Institutional Investors Weigh In On Tutor Perini

Institutional investors have recently made changes to their positions in the company. Plato Investment Management Ltd raised its holdings in shares of Tutor Perini by 5,803.4% during the 3rd quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company’s stock valued at $453,000 after purchasing an additional 6,848 shares in the last quarter. JPMorgan Chase & Co. increased its position in Tutor Perini by 15.4% during the third quarter. JPMorgan Chase & Co. now owns 406,546 shares of the construction company’s stock worth $26,665,000 after buying an additional 54,248 shares during the last quarter. Counterpoint Mutual Funds LLC raised its holdings in Tutor Perini by 491.0% during the third quarter. Counterpoint Mutual Funds LLC now owns 49,139 shares of the construction company’s stock valued at $3,223,000 after buying an additional 40,824 shares in the last quarter. Hillsdale Investment Management Inc. lifted its position in shares of Tutor Perini by 39,576.5% in the third quarter. Hillsdale Investment Management Inc. now owns 67,450 shares of the construction company’s stock worth $4,424,000 after buying an additional 67,280 shares during the last quarter. Finally, Thompson Davis & CO. Inc. bought a new stake in shares of Tutor Perini during the 3rd quarter worth about $784,000. 65.01% of the stock is currently owned by institutional investors and hedge funds.

Tutor Perini Company Profile

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.