Canada Pension Plan Investment Board Takes Position in Stantec Inc. $STN

Key Points

• Canada Pension Plan Investment Board acquired 1.15 million Stantec shares worth approximately $79 million, giving it a 1.02% stake. Institutional investors collectively own 63.86% of the company.
• Stantec slightly beat quarterly earnings expectations with $1.16 EPS versus the $1.15 consensus, while revenue of $1.25 billion fell just short of estimates. The company reaffirmed fiscal 2026 EPS guidance of $4.37–$4.49.
• Stantec declared a quarterly dividend of $0.245, equal to an annualized $0.98 payout and a 1.3% yield. Analysts maintain a “Moderate Buy” consensus rating, with five Buy ratings and two Holds.

Canada Pension Plan Investment Board bought a new position in shares of Stantec Inc. (NYSE:STN - Free Report) TSE: STN during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,147,215 shares of the business services provider's stock, valued at approximately $79,047,000. Canada Pension Plan Investment Board owned 1.02% of Stantec as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new position in Stantec during the 2nd quarter worth approximately $56,076,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Stantec in the 2nd quarter valued at $98,396,000. Cullen Capital Management LLC purchased a new stake in shares of Stantec during the 2nd quarter worth $494,000. Cibc World Market Inc. purchased a new stake in shares of Stantec during the 2nd quarter worth $32,322,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Stantec during the second quarter worth $1,179,000. Institutional investors and hedge funds own 63.86% of the company's stock.

Stantec Stock Up 2.8%

Shares of NYSE STN opened at $75.58 on Thursday. The business has a 50-day moving average price of $70.78 and a 200 day moving average price of $80.34. The stock has a market cap of $8.50 billion, a PE ratio of 23.55 and a beta of 0.99. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec Inc. has a 52-week low of $66.26 and a 52-week high of $114.51.

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

Stantec Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 29th will be given a $0.245 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 annualized dividend and a yield of 1.3%. Stantec's dividend payout ratio is 21.50%.

Analyst Upgrades and Downgrades

STN has been the topic of a number of analyst reports. Scotiabank restated an "outperform" rating on shares of Stantec in a research note on Friday, August 14th. Wall Street Zen cut Stantec from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 13th. Weiss Ratings downgraded Stantec from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Stantec in a research report on Friday, August 14th. Finally, Zacks Research cut Stantec from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Stantec presently has an average rating of "Moderate Buy" and an average price target of $175.00.

Stantec 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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