Genus Capital Management Inc. Reduces Stock Holdings in Stantec Inc. $STN

Genus Capital Management Inc. decreased its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 93.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,294 shares of the business services provider’s stock after selling 59,240 shares during the period. Genus Capital Management Inc.’s holdings in Stantec were worth $406,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of STN. Westside Investment Management Inc. lifted its stake in Stantec by 100.0% in the third 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. Allworth Financial LP lifted its stake in Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 206 shares during the last quarter. Leonteq Securities AG purchased a new position in Stantec in the fourth quarter valued at approximately $37,000. Tower Research Capital LLC TRC lifted its stake 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 purchasing an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in Stantec in the fourth quarter valued at approximately $57,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Trading Up 0.0%

NYSE:STN opened at $76.57 on Tuesday. The company has a market cap of $8.73 billion, a P/E ratio of 24.54 and a beta of 1.06. The stock’s fifty day moving average price is $86.37 and its two-hundred day moving average price is $92.96. Stantec Inc. has a 1 year low of $72.46 and a 1 year high of $114.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 17.69% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, analysts expect that Stantec Inc. will post 4.5 EPS for the current year.

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. Stantec’s dividend payout ratio is currently 22.44%.

Analyst Upgrades and Downgrades

Several research firms recently commented on STN. Royal Bank Of Canada upped their price objective on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.