Stantec (NYSE:STN – Get Free Report) (TSE:STN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.370-4.490 for the period, compared to the consensus estimate of 4.470. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.2 billion.
Analyst Ratings Changes
Several brokerages recently issued reports on STN. Weiss Ratings raised Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Scotiabank reiterated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Royal Bank Of Canada boosted their price target on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd. Zacks Research upgraded shares of Stantec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Finally, Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Stantec presently has a consensus rating of “Buy” and a consensus target price of $175.00.
Stantec Price Performance
Stantec (NYSE:STN – Get Free Report) (TSE:STN) last announced its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.02. Stantec had a net margin of 5.90% and a return on equity of 17.56%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Analysts expect that Stantec will post 4.47 EPS for the current year.
Stantec Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, March 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.23. Stantec’s payout ratio is currently 23.18%.
Institutional Investors Weigh In On Stantec
Several hedge funds and other institutional investors have recently added to or reduced their stakes in STN. Alliancebernstein L.P. increased its position in shares of Stantec by 82.4% during the 2nd quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after purchasing an additional 1,558,703 shares during the last quarter. BCV Asset Management Inc. acquired a new stake in Stantec during the 4th quarter worth approximately $93,015,000. Bank of Montreal Can raised its stake in shares of Stantec by 25.2% in the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock valued at $421,321,000 after acquiring an additional 897,912 shares in the last quarter. Morgan Stanley raised its position in Stantec by 112.5% in the 4th quarter. Morgan Stanley now owns 1,371,942 shares of the business services provider’s stock valued at $129,457,000 after purchasing an additional 726,299 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Stantec by 4,514.4% in the fourth quarter. AQR Capital Management LLC now owns 670,064 shares of the business services provider’s stock worth $63,231,000 after acquiring an additional 655,543 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.
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.
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