Stantec Inc. $STN Shares Acquired by Man Group plc

Man Group plc raised its holdings in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 103.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,579,537 shares of the business services provider’s stock after purchasing an additional 803,322 shares during the quarter. Man Group plc owned 1.38% of Stantec worth $149,247,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of STN. Allworth Financial LP grew its stake in Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 206 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Stantec by 264.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 249 shares in the last quarter. Leonteq Securities AG acquired a new stake in Stantec during the 4th quarter valued at approximately $37,000. Tower Research Capital LLC TRC grew its stake in Stantec by 423.7% during the 2nd 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 in the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in Stantec during the 4th quarter valued at approximately $57,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Trading Down 2.7%

Shares of NYSE STN opened at $69.70 on Thursday. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 22.34 and a beta of 0.98. Stantec Inc. has a 12-month low of $69.47 and a 12-month high of $114.51. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47. The stock’s 50 day simple moving average is $81.63 and its 200 day simple moving average is $89.65.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts expect that Stantec Inc. will post 4.5 EPS for the current year.

Stantec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.245 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 annualized dividend and a yield of 1.4%. Stantec’s dividend payout ratio is 22.44%.

Analysts Set New Price Targets

A number of brokerages have weighed in on STN. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings lowered Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Wall Street Zen lowered Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $175.00.

Stantec Company 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.