J. Safra Sarasin Holding AG Trims Holdings in Stantec Inc. $STN

J. Safra Sarasin Holding AG trimmed its holdings in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 38.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 160,040 shares of the business services provider’s stock after selling 100,907 shares during the quarter. J. Safra Sarasin Holding AG owned 0.14% of Stantec worth $15,121,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in STN. Mn Services Vermogensbeheer B.V. grew its holdings in shares of Stantec by 1.2% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 42,598 shares of the business services provider’s stock worth $4,025,000 after purchasing an additional 498 shares during the last quarter. Avanza Fonder AB increased its stake in Stantec by 134.1% in the 4th quarter. Avanza Fonder AB now owns 15,843 shares of the business services provider’s stock worth $1,495,000 after buying an additional 9,074 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Stantec by 6.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,347 shares of the business services provider’s stock valued at $333,000 after buying an additional 207 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in Stantec by 1.4% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 165,390 shares of the business services provider’s stock valued at $17,851,000 after buying an additional 2,286 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Stantec by 14.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 588,242 shares of the business services provider’s stock valued at $63,412,000 after buying an additional 75,108 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Zacks Research raised Stantec from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of Stantec in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada lifted their target price on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Trading Down 1.0%

NYSE STN opened at $84.55 on Tuesday. 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 company has a market capitalization of $9.64 billion, a price-to-earnings ratio of 28.00 and a beta of 1.12. The company’s 50-day simple moving average is $93.10 and its two-hundred day simple moving average is $99.51. Stantec Inc. has a one year low of $77.07 and a one year high of $114.51.

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

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Tuesday, March 31st. Stantec’s payout ratio is presently 21.85%.

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.