Stantec Inc. $STN Shares Acquired by UBS Group AG

UBS Group AG lifted its holdings in Stantec Inc. (NYSE:STN) (TSE:STN) by 23.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 390,644 shares of the business services provider’s stock after purchasing an additional 73,539 shares during the quarter. UBS Group AG’s holdings in Stantec were worth $36,861,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westside Investment Management Inc. lifted its holdings 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 acquiring an additional 126 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after purchasing an additional 411 shares in the last quarter. Toth Financial Advisory Corp acquired a new position in shares of Stantec during the 4th quarter worth $57,000. Danske Bank A S purchased a new position in shares of Stantec in the 3rd quarter valued at about $89,000. Finally, Keystone Financial Group purchased a new position in shares of Stantec in the 3rd quarter valued at about $103,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Stock Down 1.1%

Shares of NYSE STN opened at $91.07 on Friday. The firm’s 50-day moving average is $89.55 and its two-hundred day moving average is $95.76. The company has a market capitalization of $10.39 billion, a PE ratio of 30.16 and a beta of 1.06. Stantec Inc. has a 12-month low of $84.08 and a 12-month high of $114.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.23 and a quick ratio of 1.23.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. Stantec had a return on equity of 17.56% and a net margin of 5.90%.The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities analysts anticipate that Stantec Inc. will post 4.47 EPS for the current fiscal year.

Stantec Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, March 31st. Stantec’s payout ratio is presently 23.18%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Zacks Research raised Stantec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Weiss Ratings upgraded Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to data from MarketBeat.com, Stantec has an average rating of “Buy” and an average price target of $175.00.

Stantec 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.