Stantec Inc. $STN Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC lessened its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 318,736 shares of the business services provider’s stock after selling 10,120 shares during the quarter. Clearbridge Investments LLC’s holdings in Stantec were worth $30,076,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Wolverine Trading LLC lifted its stake in shares of Stantec by 2.4% in the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider’s stock worth $551,000 after acquiring an additional 120 shares in the last quarter. Harvest Portfolios Group Inc. lifted its stake in shares of Stantec by 4.1% in the third quarter. Harvest Portfolios Group Inc. now owns 3,120 shares of the business services provider’s stock worth $336,000 after acquiring an additional 122 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Stantec by 15.3% in the fourth quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider’s stock worth $95,000 after acquiring an additional 133 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock worth $148,000 after acquiring an additional 180 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on STN. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. 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. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Stantec presently has an average rating of “Moderate Buy” and an average price target of $175.00.

Stantec Stock Performance

Stantec stock opened at $74.00 on Wednesday. The company has a market cap of $8.44 billion, a PE ratio of 23.72 and a beta of 0.98. The company has a fifty day moving average price of $83.47 and a two-hundred day moving average price of $90.66. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. Stantec Inc. has a 12 month low of $72.46 and a 12 month high of $114.51.

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

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. Stantec’s dividend payout ratio is 22.44%.

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.