Tutor Perini Corporation $TPC Position Boosted by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC boosted its holdings in Tutor Perini Corporation (NYSE:TPC) by 138.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,780 shares of the construction company’s stock after acquiring an additional 14,405 shares during the quarter. Integrated Quantitative Investments LLC’s holdings in Tutor Perini were worth $1,625,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in TPC. Plato Investment Management Ltd grew its position in Tutor Perini by 5,803.4% in the 3rd quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company’s stock valued at $453,000 after buying an additional 6,848 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Tutor Perini by 15.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 406,546 shares of the construction company’s stock worth $26,665,000 after acquiring an additional 54,248 shares during the period. Counterpoint Mutual Funds LLC increased its stake in shares of Tutor Perini by 491.0% during the third quarter. Counterpoint Mutual Funds LLC now owns 49,139 shares of the construction company’s stock valued at $3,223,000 after acquiring an additional 40,824 shares during the period. Hillsdale Investment Management Inc. increased its position in shares of Tutor Perini by 39,576.5% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 67,450 shares of the construction company’s stock valued at $4,424,000 after purchasing an additional 67,280 shares during the period. Finally, Thompson Davis & CO. Inc. acquired a new stake in shares of Tutor Perini in the third quarter valued at $784,000. Institutional investors and hedge funds own 65.01% of the company’s stock.

Tutor Perini Price Performance

Shares of Tutor Perini stock opened at $73.64 on Thursday. The firm has a fifty day moving average price of $77.13 and a two-hundred day moving average price of $68.68. Tutor Perini Corporation 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 current ratio of 1.27 and a quick ratio of 1.30. The company has a market cap of $3.89 billion, a PE ratio of 48.45 and a beta of 2.23.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the previous year, the firm posted ($1.49) EPS. The business’s revenue for the quarter was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 10th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 10th. Tutor Perini’s dividend payout ratio is 15.79%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TPC shares. B. Riley Financial reissued a “buy” rating on shares of Tutor Perini in a research report on Thursday, November 6th. Wall Street Zen cut shares of Tutor Perini from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a report on Wednesday, January 21st. Finally, UBS Group boosted their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday. Two 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.50.

Tutor Perini Profile

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.