Tutor Perini (NYSE:TPC) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Tutor Perini (NYSE:TPC) from a strong-buy rating to a buy rating in a research report report published on Saturday morning.

A number of other research analysts have also recently commented on TPC. UBS Group increased their price target on Tutor Perini from $86.00 to $98.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tutor Perini in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $86.50.

Tutor Perini Stock Up 1.0%

Shares of TPC opened at $82.79 on Friday. Tutor Perini has a 52 week low of $29.80 and a 52 week high of $100.00. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 56.32 and a beta of 2.18. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.27 and a current ratio of 1.27. The stock has a fifty day moving average of $79.20 and a 200-day moving average of $74.12.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings results on Wednesday, May 6th. The construction company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.07. Tutor Perini had a return on equity of 19.97% and a net margin of 1.37%.The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the prior year, the company earned $0.65 EPS. Tutor Perini’s revenue was up 11.5% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. As a group, sell-side analysts anticipate that Tutor Perini will post 5.18 earnings per share for the current fiscal year.

Tutor Perini Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, May 21st. Tutor Perini’s dividend payout ratio (DPR) is currently 16.33%.

Insiders Place Their Bets

In other news, Director Peter Arkley bought 10,999 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average price of $72.44 per share, with a total value of $796,767.56. Following the completion of the purchase, the director directly owned 208,600 shares of the company’s stock, valued at approximately $15,110,984. This represents a 5.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Gary G. Smalley bought 10,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were purchased at an average cost of $73.24 per share, with a total value of $732,400.00. Following the purchase, the chief executive officer directly owned 91,479 shares of the company’s stock, valued at $6,699,921.96. The trade was a 12.27% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 35,000 shares of company stock valued at $2,556,404 in the last three months. 15.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Tutor Perini

A number of hedge funds have recently bought and sold shares of TPC. Quarry LP raised its stake in Tutor Perini by 74.7% during the third quarter. Quarry LP now owns 428 shares of the construction company’s stock worth $28,000 after buying an additional 183 shares during the last quarter. Federated Hermes Inc. raised its stake in Tutor Perini by 446.3% during the fourth quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock worth $29,000 after buying an additional 357 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Tutor Perini by 968.2% during the third quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company’s stock worth $31,000 after buying an additional 426 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Tutor Perini by 54.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company’s stock worth $36,000 after buying an additional 188 shares during the last quarter. Finally, Allworth Financial LP raised its stake in Tutor Perini by 71.4% during the fourth quarter. Allworth Financial LP now owns 605 shares of the construction company’s stock worth $41,000 after buying an additional 252 shares during the last quarter. Institutional investors own 65.01% of the company’s stock.

Trending Headlines about Tutor Perini

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Tutor Perini beat Q1 earnings estimates, reporting $1.03 per share versus the $0.96 consensus, with earnings up sharply from $0.53 a year ago. Article Title
• Positive Sentiment: The company guided to 2026 adjusted EPS of $4.90-$5.30 and said it expects double-digit revenue growth, reinforcing confidence in future profitability. Article Title
• Positive Sentiment: Recent commentary highlighted Tutor Perini as potentially undervalued, with strong cash strength and backlog supporting buybacks and a valuation gap, which can attract value investors. Article Title
• Neutral Sentiment: Zacks noted the stock screens well on momentum and value metrics, but this was largely a style-factor assessment rather than a new operational catalyst. Article Title
• Neutral Sentiment: Another Zacks piece asked whether TPC is undervalued, reinforcing the valuation debate but not adding a major new catalyst. Article Title
• Neutral Sentiment: The company also declared a $0.06 quarterly dividend, a modest shareholder return that is supportive but unlikely to be a primary driver of the stock.

About Tutor Perini

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.