37,184 Shares in Tutor Perini Corporation $TPC Purchased by GSA Capital Partners LLP

Key Points

• GSA Capital Partners initiated a 37,184-share Tutor Perini position worth approximately $3.1 million, while institutional investors collectively own 65.01% of the company.
• Tutor Perini reported strong quarterly results, with EPS of $1.74 versus the $0.67 consensus estimate and revenue up 19.2% year over year to $1.64 billion. The company issued fiscal 2026 EPS guidance of $5.15–$5.45.
• Analyst sentiment remains mixed, resulting in a consensus “Hold” rating and a $105 average price target. The company also raised its quarterly dividend to $0.09 per share, while insiders sold roughly $19.9 million of stock during the last quarter.

GSA Capital Partners LLP bought a new stake in Tutor Perini Corporation (NYSE:TPC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 37,184 shares of the construction company's stock, valued at approximately $3,085,000. GSA Capital Partners LLP owned about 0.07% of Tutor Perini as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Tutor Perini by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 3,009,860 shares of the construction company's stock valued at $201,721,000 after acquiring an additional 86,874 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Tutor Perini by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,732,254 shares of the construction company's stock worth $133,697,000 after acquiring an additional 12,573 shares during the period. First Trust Advisors LP increased its stake in shares of Tutor Perini by 32.7% in the first quarter. First Trust Advisors LP now owns 1,358,899 shares of the construction company's stock worth $104,893,000 after acquiring an additional 334,632 shares during the period. Fred Alger Management LLC raised its holdings in shares of Tutor Perini by 47.0% during the fourth quarter. Fred Alger Management LLC now owns 1,105,848 shares of the construction company's stock worth $74,114,000 after purchasing an additional 353,744 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Tutor Perini by 1.0% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087,666 shares of the construction company's stock worth $71,340,000 after purchasing an additional 10,898 shares during the last quarter. Hedge funds and other institutional investors own 65.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Zacks Research downgraded shares of Tutor Perini from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. Wall Street Zen upgraded Tutor Perini from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Tutor Perini in a research note on Friday, July 17th. Finally, UBS Group boosted their price objective on Tutor Perini from $98.00 to $105.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $105.00.

Tutor Perini Price Performance

Shares of Tutor Perini stock opened at $96.75 on Friday. The firm has a market cap of $5.09 billion, a PE ratio of 41.70 and a beta of 2.05. Tutor Perini Corporation has a twelve month low of $53.83 and a twelve month high of $102.30. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $81.97 and a 200 day moving average price of $80.15.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $1.07. Tutor Perini had a return on equity of 20.95% and a net margin of 2.08%.The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the business posted $0.38 earnings per share. Tutor Perini's revenue for the quarter was up 19.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 5.150-5.450 EPS. Sell-side analysts predict that Tutor Perini Corporation will post 5.48 earnings per share for the current fiscal year.

Tutor Perini Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.09 per share. This is a positive change from Tutor Perini's previous quarterly dividend of $0.06. The ex-dividend date is Wednesday, August 19th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.4%. Tutor Perini's payout ratio is 10.34%.

Insider Buying and Selling

In related news, Director Sidney J. Feltenstein sold 184,209 shares of Tutor Perini stock in a transaction on Friday, August 7th. The shares were sold at an average price of $97.05, for a total value of $17,877,483.45. Following the sale, the director owned 6,700 shares of the company's stock, valued at approximately $650,235. This trade represents a 96.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert C. Lieber sold 17,500 shares of the business's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the completion of the sale, the director directly owned 149,410 shares of the company's stock, valued at approximately $11,259,537.60. The trade was a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 211,709 shares of company stock worth $19,938,783 in the last quarter. Insiders own 15.40% of the company's stock.

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.

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