Mn Services Vermogensbeheer B.V. reduced its stake in Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 10.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,500 shares of the business services provider's stock after selling 4,500 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Stantec were worth $3,356,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in Stantec by 632.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider's stock valued at $39,000 after buying an additional 424 shares during the period. Parallel Advisors LLC increased its position in shares of Stantec by 37.6% during the first quarter. Parallel Advisors LLC now owns 874 shares of the business services provider's stock worth $72,000 after acquiring an additional 239 shares in the last quarter. Versant Capital Management Inc bought a new stake in shares of Stantec during the first quarter worth about $97,000. Natixis increased its position in shares of Stantec by 114.8% during the fourth quarter. Natixis now owns 1,781 shares of the business services provider's stock worth $140,000 after acquiring an additional 952 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Stantec by 11.2% during the fourth quarter. US Bancorp DE now owns 2,359 shares of the business services provider's stock worth $185,000 after acquiring an additional 237 shares in the last quarter. 63.86% of the stock is owned by institutional investors.
Analyst Ratings Changes
STN has been the subject of several recent research reports. TD Securities reissued a "buy" rating on shares of Stantec in a research report on Friday, May 16th. Raymond James Financial raised shares of Stantec from a "market perform" rating to an "outperform" rating in a research report on Wednesday, February 26th. Wall Street Zen raised shares of Stantec from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 16th. Royal Bank Of Canada reissued an "outperform" rating on shares of Stantec in a research report on Friday, May 16th. Finally, Scotiabank reissued an "outperform" rating on shares of Stantec in a research report on Wednesday, May 7th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy".
View Our Latest Report on STN
Stantec Trading Down 1.1%
Shares of NYSE:STN traded down $1.16 on Friday, hitting $105.19. The company had a trading volume of 245,541 shares, compared to its average volume of 146,751. The firm's 50-day simple moving average is $97.41 and its two-hundred day simple moving average is $86.39. Stantec Inc. has a 1 year low of $73.18 and a 1 year high of $108.34. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $12.00 billion, a price-to-earnings ratio of 43.47 and a beta of 1.03.
Stantec (NYSE:STN - Get Free Report) TSE: STN last posted its earnings results on Wednesday, May 14th. The business services provider reported $0.81 EPS for the quarter, topping the consensus estimate of $0.79 by $0.02. Stantec had a net margin of 5.01% and a return on equity of 18.22%. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.54 billion. Equities analysts anticipate that Stantec Inc. will post 3.05 earnings per share for the current fiscal year.
Stantec Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.1612 per share. This is a boost from Stantec's previous quarterly dividend of $0.16. This represents a $0.64 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Monday, June 30th. Stantec's dividend payout ratio (DPR) is 25.62%.
Stantec Company Profile
(
Free Report)
Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.
Featured Articles
Before you consider Stantec, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stantec wasn't on the list.
While Stantec currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
