Abacus FCF Advisors LLC Invests $8.41 Million in Tutor Perini Corporation $TPC

Key Points

• Abacus FCF Advisors purchased a new stake of 125,437 shares in Tutor Perini valued at about $8.41 million, representing roughly 0.24% ownership at the end of the quarter.
• Insiders increased holdings: CEO Gary G. Smalley bought 10,000 shares and Director Peter Arkley bought 10,999 shares in March, bringing insider ownership to about 17.3%.
• Tutor Perini beat Q4 estimates with $1.07 EPS vs. $0.92 expected and $1.51 billion revenue (up 41.2% YoY), and set FY2026 guidance of $4.90–$5.30 EPS.

Abacus FCF Advisors LLC purchased a new stake in Tutor Perini Corporation (NYSE:TPC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 125,437 shares of the construction company's stock, valued at approximately $8,407,000. Abacus FCF Advisors LLC owned 0.24% of Tutor Perini at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TPC. State of Alaska Department of Revenue lifted its holdings in Tutor Perini by 5.8% in the fourth quarter. State of Alaska Department of Revenue now owns 3,103 shares of the construction company's stock valued at $207,000 after acquiring an additional 171 shares during the period. Arizona State Retirement System grew its stake in shares of Tutor Perini by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 13,256 shares of the construction company's stock worth $869,000 after purchasing an additional 182 shares during the period. Quarry LP increased its holdings in shares of Tutor Perini by 74.7% in the 3rd quarter. Quarry LP now owns 428 shares of the construction company's stock valued at $28,000 after purchasing an additional 183 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in shares of Tutor Perini by 2.8% in the 4th quarter. Thompson Davis & CO. Inc. now owns 12,286 shares of the construction company's stock valued at $823,000 after purchasing an additional 331 shares in the last quarter. Finally, Savant Capital LLC lifted its stake in shares of Tutor Perini by 6.0% in the third quarter. Savant Capital LLC now owns 6,081 shares of the construction company's stock valued at $399,000 after purchasing an additional 342 shares during the period. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on TPC shares. 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 report on Monday, March 2nd. Wall Street Zen upgraded shares of Tutor Perini from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 18th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Tutor Perini in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $86.50.

Insider Transactions at Tutor Perini

In other news, CEO Gary G. Smalley purchased 10,000 shares of the firm's stock in a transaction on Wednesday, March 4th. The shares were bought at an average cost of $73.24 per share, with a total value of $732,400.00. Following the purchase, the chief executive officer directly owned 91,479 shares of the company's stock, valued at approximately $6,699,921.96. This trade represents a 12.27% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter Arkley bought 10,999 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average price of $72.44 per share, for a total transaction of $796,767.56. Following the transaction, the director owned 208,600 shares of the company's stock, valued at $15,110,984. The trade was a 5.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 35,000 shares of company stock worth $2,556,404. 17.30% of the stock is owned by insiders.

Tutor Perini Stock Performance

Shares of TPC opened at $86.78 on Friday. Tutor Perini Corporation has a 12-month low of $20.50 and a 12-month high of $89.51. The stock has a market cap of $4.57 billion, a P/E ratio of 57.09 and a beta of 2.11. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average of $78.38 and a two-hundred day moving average of $72.71.

Tutor Perini (NYSE:TPC - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 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 business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the business earned ($1.49) earnings per share. The company's quarterly revenue was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. As a group, research analysts predict that Tutor Perini Corporation will post 4.72 EPS for the current fiscal year.

Tutor Perini Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 10th were paid a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Tutor Perini's payout ratio is presently 15.79%.

Tutor Perini Company 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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