13,159 Shares in Stantec Inc. $STN Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd purchased a new stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,159 shares of the business services provider’s stock, valued at approximately $907,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Stantec by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock worth $468,622,000 after purchasing an additional 92,641 shares during the period. Bank of Montreal Can lifted its position in Stantec by 25.2% in the fourth 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 last quarter. Royal Bank of Canada lifted its position in Stantec by 2.9% in the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock worth $389,890,000 after buying an additional 117,613 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock worth $300,340,000 after buying an additional 557,434 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after buying an additional 1,558,703 shares during the period. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Stantec Stock Up 0.2%

Shares of NYSE:STN opened at $74.22 on Tuesday. The business’s 50 day moving average is $70.62 and its 200 day moving average is $80.70. The stock has a market cap of $8.34 billion, a P/E ratio of 23.12 and a beta of 0.99. Stantec Inc. has a 52-week low of $66.26 and a 52-week high of $114.51. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Sell-side analysts predict that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. Stantec’s dividend payout ratio is 21.50%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on STN. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Scotiabank reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Finally, Weiss Ratings downgraded shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Stantec currently has an average rating of “Moderate Buy” and a consensus target price of $175.00.

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.