Amundi Purchases 224,462 Shares of Stantec Inc. $STN

Key Points

• Amundi increased its Stantec position by 27.2% in the second quarter, purchasing 224,462 shares and bringing its holdings to 1,050,103 shares, worth approximately $86.8 million. Institutional investors collectively own 63.86% of the company.
• Stantec reported quarterly EPS of $1.16, slightly above the $1.15 consensus estimate, while revenue of $1.25 billion fell just short of expectations. The company maintained fiscal 2026 EPS guidance of $4.37–$4.49.
• Shares opened at $70.48, near the lower end of their 12-month range, while analysts maintain a “Moderate Buy” consensus rating. Stantec also declared a quarterly dividend of $0.245, equivalent to a 1.4% annual yield.

Amundi raised its position in shares of Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 27.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,050,103 shares of the business services provider's stock after purchasing an additional 224,462 shares during the period. Amundi owned approximately 0.93% of Stantec worth $86,775,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its stake in Stantec by 1,504.9% in the first quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider's stock valued at $162,000 after buying an additional 1,836 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Stantec by 15.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider's stock worth $13,621,000 after acquiring an additional 22,524 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Stantec by 73.2% in the first quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider's stock worth $1,828,000 after acquiring an additional 9,325 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Stantec in the second quarter worth about $361,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Stantec by 15.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider's stock valued at $148,000 after purchasing an additional 180 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors.

Stantec Stock Down 3.4%

Shares of STN opened at $70.48 on Thursday. The stock's 50-day moving average price is $71.71 and its two-hundred day moving average price is $78.93. Stantec Inc. has a 12 month low of $66.26 and a 12 month high of $114.51. The company has a market capitalization of $7.92 billion, a PE ratio of 21.96 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54.

Stantec (NYSE:STN - Get Free Report) TSE: STN last issued its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, analysts anticipate that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be issued a $0.245 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 annualized dividend and a yield of 1.4%. Stantec's payout ratio is presently 21.50%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on STN. Zacks Research cut shares of Stantec from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Wall Street Zen cut Stantec from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 13th. ATB Cormark Capital Markets raised Stantec from a "hold" rating to a "moderate buy" rating in a report on Friday, May 15th. Scotiabank restated an "outperform" rating on shares of Stantec in a research report on Friday, August 14th. Finally, Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, August 14th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Stantec has an average rating of "Moderate Buy" and a consensus price target of $175.00.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm's service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.

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