Tutor Perini (NYSE:TPC) Issues FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.900-5.300 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.

Tutor Perini Price Performance

TPC traded up $3.31 on Thursday, hitting $89.41. 1,158,410 shares of the company were exchanged, compared to its average volume of 579,212. Tutor Perini has a fifty-two week low of $18.33 and a fifty-two week high of $89.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market capitalization of $4.72 billion, a P/E ratio of -168.69 and a beta of 2.21. The business’s fifty day moving average is $76.39 and its 200 day moving average is $68.02.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.92 by $0.15. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. Tutor Perini had a positive return on equity of 7.07% and a negative net margin of 0.55%.Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Analysts Set New Price Targets

Several analysts have weighed in on the company. B. Riley Financial reissued a “buy” rating on shares of Tutor Perini in a report on Thursday, November 6th. UBS Group increased their price objective on shares of Tutor Perini from $67.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tutor Perini in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Tutor Perini presently has a consensus rating of “Hold” and an average target price of $80.50.

Institutional Investors Weigh In On Tutor Perini

A number of hedge funds and other institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Tutor Perini by 1.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087,666 shares of the construction company’s stock worth $71,340,000 after acquiring an additional 10,898 shares during the period. State Street Corp boosted its holdings in shares of Tutor Perini by 1.0% during the fourth quarter. State Street Corp now owns 1,018,311 shares of the construction company’s stock worth $68,247,000 after purchasing an additional 10,368 shares during the last quarter. Gendell Jeffrey L boosted its holdings in shares of Tutor Perini by 95.0% during the fourth quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company’s stock worth $59,642,000 after purchasing an additional 433,559 shares during the last quarter. Millennium Management LLC grew its position in shares of Tutor Perini by 18.7% in the third quarter. Millennium Management LLC now owns 824,821 shares of the construction company’s stock valued at $54,100,000 after purchasing an additional 129,941 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Tutor Perini by 5.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 779,292 shares of the construction company’s stock valued at $52,228,000 after purchasing an additional 43,757 shares during the last quarter. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

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.