Insider Buying: Tutor Perini (NYSE:TPC) CEO Purchases $732,400.00 in Stock

Tutor Perini Corporation (NYSE:TPC) CEO Gary Smalley bought 10,000 shares of the stock in a transaction on Wednesday, March 4th. The stock was purchased at an average cost of $73.24 per share, for a total transaction of $732,400.00. Following the acquisition, the chief executive officer directly owned 91,479 shares of the company’s stock, valued at $6,699,921.96. The trade was a 12.27% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Tutor Perini Trading Up 2.1%

Shares of TPC stock opened at $72.60 on Friday. The stock has a market cap of $3.83 billion, a P/E ratio of 47.76 and a beta of 2.23. The company has a quick ratio of 1.30, a current ratio of 1.27 and a debt-to-equity ratio of 0.31. Tutor Perini Corporation has a fifty-two week low of $18.33 and a fifty-two week high of $89.51. The business has a fifty day simple moving average of $77.24 and a 200-day simple moving average of $68.89.

Tutor Perini (NYSE:TPC) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the previous year, the firm earned ($1.49) EPS. The business’s revenue for the quarter was up 41.2% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 10th will be given a $0.06 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Tutor Perini’s dividend payout ratio is currently 15.79%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TPC shares. UBS Group lifted their price objective on Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a report on Wednesday, January 21st. Finally, Wall Street Zen cut Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.50.

Key Stories Impacting Tutor Perini

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Heavy insider buying — CEO Gary Smalley purchased 10,000 shares (~$73.24 avg) and Director Peter Arkley bought a total of 25,000 shares across March 4–6. Large, repeated insider purchases increase confidence management expects further share/value appreciation. Read More. • Read More.
• Positive Sentiment: Earnings beat and upbeat guidance — Tutor Perini topped Q results (EPS $1.07 vs $0.92 est.) and reported ~41% revenue growth YoY; management issued FY2026 EPS guidance of $4.90–$5.30, supporting upside vs. prior expectations. This combination is a major fundamental catalyst. Read More.
• Positive Sentiment: Analyst target raised — UBS lifted its price target to $98 and maintained a Buy, which can attract investor interest and buying momentum. Read More.
• Neutral Sentiment: Dividend declared — Tutor Perini announced a quarterly $0.06 dividend (annualized $0.24, ~0.3% yield). Small cash return to shareholders is positive but immaterial to total return given the low yield. Read More.
• Neutral Sentiment: Institutional activity is mixed — several small institutional increases noted, but overall analyst coverage remains varied; institutional ownership is significant (~65%), so flows can amplify moves but are not yet a clear directional signal. Read More.
• Negative Sentiment: Mixed analyst/street views — despite recent upgrades, some firms (e.g., Weiss Ratings) still carry negative opinions and the consensus rating sits near “Hold,” implying room for divergent views and volatility if future results or backlog details disappoint. Read More.

Institutional Investors Weigh In On Tutor Perini

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP raised its position in shares of Tutor Perini by 74.7% in the third quarter. Quarry LP now owns 428 shares of the construction company’s stock valued at $28,000 after buying an additional 183 shares during the last quarter. Federated Hermes Inc. boosted its position in Tutor Perini by 446.3% during the fourth quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock worth $29,000 after acquiring an additional 357 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Tutor Perini by 968.2% during the third quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock worth $31,000 after acquiring an additional 426 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Tutor Perini by 54.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company’s stock worth $36,000 after acquiring an additional 188 shares during the last quarter. Finally, Allworth Financial LP grew its stake in Tutor Perini by 71.4% in the 4th quarter. Allworth Financial LP now owns 605 shares of the construction company’s stock worth $41,000 after acquiring an additional 252 shares during the period. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

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.