Stantec (NYSE:STN) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Stantec (NYSE:STN) (TSE:STN) from a hold rating to a buy rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Several other equities analysts have also weighed in on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Weiss Ratings raised shares of Stantec from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $175.00.

Stantec Stock Performance

Shares of STN stock traded up $10.60 during trading on Friday, reaching $85.73. 1,023,784 shares of the company’s stock were exchanged, compared to its average volume of 345,327. Stantec has a twelve month low of $65.35 and a twelve month high of $108.40. The firm’s fifty day moving average price is $71.07 and its 200-day moving average price is $78.57. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $9.43 billion, a PE ratio of 25.29 and a beta of 0.94.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings results on Thursday, November 12th. The business services provider reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.09. Stantec had a return on equity of 20.61% and a net margin of 6.10%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. Stantec has set its FY 2026 guidance at 4.430-4.510 EPS. As a group, sell-side analysts anticipate that Stantec will post 4.42 EPS for the current year.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a C$0.24 dividend. The ex-dividend date is Thursday, December 31st. This represents a $0.98 annualized dividend and a yield of 1.1%. Stantec’s payout ratio is 22.12%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Stantec by 12.8% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 158,572 shares of the business services provider’s stock worth $10,691,000 after buying an additional 18,017 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Stantec in the third quarter valued at about $5,290,000. Independent Advisor Alliance acquired a new position in shares of Stantec in the third quarter valued at about $465,000. Voya Investment Management LLC grew its stake in shares of Stantec by 0.9% in the third quarter. Voya Investment Management LLC now owns 58,097 shares of the business services provider’s stock valued at $3,926,000 after acquiring an additional 538 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its position in Stantec by 2.8% during the third quarter. Public Sector Pension Investment Board now owns 7,224 shares of the business services provider’s stock worth $488,000 after acquiring an additional 200 shares during the period. 63.86% of the stock is owned by institutional investors and hedge funds.

More Stantec News

Investors following STN have been watching these news items:

• Positive Sentiment: Stantec reported quarterly adjusted EPS of $1.35, above the $1.26 consensus and up from $1.11 a year earlier. Revenue of $1.31 billion also beat estimates of $1.30 billion. Zacks article
• Positive Sentiment: For fiscal 2026, Stantec forecast EPS of $4.43–$4.51, slightly above the $4.42 consensus, and revenue of $5.1–$5.2 billion, broadly in line with expectations.
• Neutral Sentiment: One analysis said the shares may be close to fair value despite strong growth forecasts, which could limit further gains if results do not continue to exceed expectations. Motley Fool article

Stantec Company Profile

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development. Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.