B. Riley Has Pessimistic View of Tutor Perini Q4 Earnings

Tutor Perini Corporation (NYSE:TPC - Free Report) - Equities researchers at B. Riley dropped their Q4 2025 earnings per share (EPS) estimates for Tutor Perini in a research report issued on Wednesday, July 16th. B. Riley analyst L. Burke now expects that the construction company will post earnings of $0.53 per share for the quarter, down from their previous forecast of $0.54. B. Riley has a "Buy" rating and a $50.00 price target on the stock.

Tutor Perini (NYSE:TPC - Get Free Report) last released its earnings results on Wednesday, May 7th. The construction company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.47. Tutor Perini had a negative return on equity of 11.64% and a negative net margin of 3.35%. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.30 EPS. Tutor Perini's revenue for the quarter was up 18.8% on a year-over-year basis.

Other analysts also recently issued research reports about the company. Wall Street Zen upgraded Tutor Perini from a "hold" rating to a "buy" rating in a research note on Thursday, May 8th. UBS Group upped their price target on Tutor Perini from $41.00 to $59.00 and gave the stock a "buy" rating in a research note on Thursday, July 10th.

Tutor Perini Stock Up 0.3%

Shares of TPC stock traded up $0.16 during midday trading on Thursday, reaching $50.93. 968,286 shares of the stock were exchanged, compared to its average volume of 570,162. Tutor Perini has a 1 year low of $14.50 and a 1 year high of $52.02. The company's 50 day moving average is $40.76 and its two-hundred day moving average is $29.40. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33. The firm has a market cap of $2.68 billion, a PE ratio of -17.68 and a beta of 1.79.

Hedge Funds Weigh In On Tutor Perini

Several hedge funds and other institutional investors have recently modified their holdings of TPC. Commonwealth Equity Services LLC lifted its holdings in shares of Tutor Perini by 7.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,291 shares of the construction company's stock valued at $249,000 after buying an additional 700 shares during the period. Boston Partners lifted its holdings in shares of Tutor Perini by 1,801.4% during the 4th quarter. Boston Partners now owns 605,450 shares of the construction company's stock valued at $14,666,000 after buying an additional 573,608 shares during the period. Quantbot Technologies LP raised its holdings in Tutor Perini by 79.3% in the 4th quarter. Quantbot Technologies LP now owns 36,938 shares of the construction company's stock worth $894,000 after purchasing an additional 16,341 shares during the period. KLP Kapitalforvaltning AS bought a new position in Tutor Perini in the 4th quarter worth $232,000. Finally, LPL Financial LLC raised its holdings in Tutor Perini by 139.3% in the 4th quarter. LPL Financial LLC now owns 44,984 shares of the construction company's stock worth $1,089,000 after purchasing an additional 26,186 shares during the period. 65.01% of the stock is owned by institutional investors.

Insider Activity at Tutor Perini

In related news, Director Raymond R. Oneglia sold 75,000 shares of the company's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $36.23, for a total value of $2,717,250.00. Following the transaction, the director directly owned 115,470 shares of the company's stock, valued at approximately $4,183,478.10. This represents a 39.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Ronald N. Tutor sold 130,478 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $40.93, for a total value of $5,340,464.54. Following the completion of the transaction, the chairman directly owned 4,570,985 shares in the company, valued at $187,090,416.05. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 410,000 shares of company stock worth $15,891,651 over the last ninety days. 17.30% of the stock is currently owned by insiders.

About Tutor Perini

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.