Sienna Gestion Makes New Investment in Stantec Inc. $STN

Sienna Gestion purchased a new stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 82,400 shares of the business services provider’s stock, valued at approximately $8,104,000. Sienna Gestion owned 0.07% of Stantec as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Westside Investment Management Inc. lifted its stake in shares of Stantec by 100.0% in the 3rd 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 last quarter. Simplex Trading LLC purchased a new position in Stantec in the 2nd quarter worth approximately $32,000. Tower Research Capital LLC TRC lifted its position 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. PNC Financial Services Group Inc. lifted its position in Stantec by 122.5% in the second quarter. PNC Financial Services Group Inc. now owns 712 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 392 shares during the last quarter. Finally, McIlrath & Eck LLC purchased a new stake in shares of Stantec during the second quarter valued at approximately $143,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Down 1.1%

Shares of NYSE:STN opened at $90.51 on Monday. The firm has a market capitalization of $10.32 billion, a P/E ratio of 29.97 and a beta of 1.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a 50 day moving average price of $96.00 and a 200-day moving average price of $101.82. Stantec Inc. has a 52-week low of $77.07 and a 52-week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities research analysts anticipate that Stantec Inc. will post 3.05 EPS for the current fiscal year.

Stantec Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.245 per share. This is a boost from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, March 31st. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. Stantec’s dividend payout ratio (DPR) is presently 21.85%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on STN shares. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stantec in a research note on Wednesday, January 21st. Royal Bank Of Canada increased their target price on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Desjardins reissued a “buy” rating on shares of Stantec in a research note on Monday, November 17th. Finally, Zacks Research upgraded Stantec from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Stantec presently has a consensus rating of “Moderate 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.