68,646 Shares in Stantec Inc. $STN Acquired by PDT Partners LLC

PDT Partners LLC bought a new stake in Stantec Inc. (NYSE:STN) (TSE:STN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 68,646 shares of the business services provider’s stock, valued at approximately $4,730,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of STN. Jones Financial Companies Lllp boosted its holdings in shares of Stantec by 1,504.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 1,836 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Stantec by 15.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider’s stock worth $13,621,000 after buying an additional 22,524 shares during the last quarter. Jane Street Group LLC raised its position in shares of Stantec by 73.2% in the 1st quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider’s stock worth $1,828,000 after buying an additional 9,325 shares during the period. Cetera Investment Advisers acquired a new position in Stantec in the second quarter valued at $361,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after acquiring an additional 180 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings downgraded Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Finally, Scotiabank reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Down 1.0%

Shares of Stantec stock opened at $73.50 on Wednesday. Stantec Inc. has a twelve month low of $66.26 and a twelve month high of $114.51. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of 22.90 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average price of $70.66 and a 200 day moving average price of $80.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec had a return on equity of 19.70% and a net margin of 5.91%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts forecast that Stantec Inc. will post 4.46 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be paid a $0.245 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. Stantec’s dividend payout ratio (DPR) is 21.50%.

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.