SEB Asset Management AB Purchases Shares of 54,748 Stantec Inc. $STN

SEB Asset Management AB purchased a new stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 54,748 shares of the business services provider’s stock, valued at approximately $4,718,000.

Other large investors have also recently modified their holdings of the company. Wolverine Trading LLC grew its holdings in shares of Stantec by 2.4% during the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock worth $551,000 after purchasing an additional 120 shares in the last quarter. Parallel Advisors LLC raised its stake in Stantec by 15.3% in the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock valued at $95,000 after purchasing an additional 133 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Stantec by 15.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after purchasing an additional 180 shares during the last quarter. Allworth Financial LP grew its stake in Stantec by 223.9% in the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after buying an additional 206 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Stantec by 6.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,347 shares of the business services provider’s stock worth $333,000 after buying an additional 207 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Finally, Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Performance

NYSE:STN opened at $67.99 on Thursday. The company has a market capitalization of $7.64 billion, a price-to-earnings ratio of 21.79 and a beta of 1.00. The business has a 50 day moving average of $71.67 and a 200 day moving average of $85.04. 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 Inc. has a 1-year low of $66.94 and a 1-year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Stantec had a net margin of 5.92% and a return on equity of 19.37%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, sell-side analysts predict that Stantec Inc. will post 4.43 earnings per share for the current fiscal year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.245 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.4%. Stantec’s dividend payout ratio (DPR) is currently 22.12%.

Stantec Company Profile

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.