B. Riley Issues Negative Forecast for Tutor Perini Earnings

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

A number of other equities research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Tutor Perini from a "strong-buy" rating to a "buy" rating in a research note on Friday. UBS Group raised their target price on shares of Tutor Perini from $41.00 to $59.00 and gave the company a "buy" rating in a research note on Thursday, July 10th.

Tutor Perini Price Performance

Shares of TPC stock traded down $0.78 during trading hours on Thursday, reaching $50.11. The stock had a trading volume of 723,613 shares, compared to its average volume of 570,220. The stock's fifty day simple moving average is $41.17 and its 200 day simple moving average is $29.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33. Tutor Perini has a 12 month low of $14.50 and a 12 month high of $51.98. The firm has a market capitalization of $2.64 billion, a PE ratio of -17.40 and a beta of 1.79.

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

Insider Buying and Selling at Tutor Perini

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

Institutional Trading of Tutor Perini

A number of hedge funds have recently modified their holdings of TPC. GAMMA Investing LLC raised its position in Tutor Perini by 32.5% in the 1st quarter. GAMMA Investing LLC now owns 2,080 shares of the construction company's stock worth $48,000 after buying an additional 510 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in shares of Tutor Perini during the 1st quarter valued at approximately $54,000. Comerica Bank grew its stake in shares of Tutor Perini by 30.7% during the 1st quarter. Comerica Bank now owns 2,423 shares of the construction company's stock valued at $56,000 after acquiring an additional 569 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Tutor Perini during the 2nd quarter valued at approximately $145,000. Finally, AlphaQuest LLC grew its stake in shares of Tutor Perini by 849.2% during the 1st quarter. AlphaQuest LLC now owns 3,436 shares of the construction company's stock valued at $80,000 after acquiring an additional 3,074 shares during the period. Institutional investors own 65.01% of the company's stock.

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.