Stantec Inc. $STN Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 459.4% during the first quarter, HoldingsChannel reports. The firm owned 42,696 shares of the business services provider’s stock after purchasing an additional 35,064 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Stantec were worth $3,689,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alliancebernstein L.P. increased its position in shares of Stantec by 82.4% in the 2nd quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock valued at $374,871,000 after acquiring an additional 1,558,703 shares during the period. Norges Bank purchased a new stake in Stantec during the 4th quarter valued at about $124,217,000. BCV Asset Management Inc. acquired a new position in Stantec in the 4th quarter worth approximately $93,015,000. Bank of Montreal Can increased its holdings in Stantec by 25.2% in the 4th quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after buying an additional 897,912 shares during the period. Finally, Man Group plc raised its position in Stantec by 103.5% during the 4th quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after buying an additional 803,322 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings downgraded shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Performance

STN stock traded down $1.66 during midday trading on Tuesday, hitting $69.03. 96,978 shares of the stock traded hands, compared to its average volume of 383,256. The stock’s fifty day simple moving average is $76.33 and its 200-day simple moving average is $87.25. 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 1-year low of $66.94 and a 1-year high of $114.51. The firm has a market cap of $7.82 billion, a P/E ratio of 22.16 and a beta of 1.00.

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

Stantec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.4%. Stantec’s payout ratio is 22.76%.

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.