Stantec Inc. $STN Holdings Increased by Cidel Asset Management Inc.

Key Points

• Cidel Asset Management increased its Stantec stake by 52.8% in the third quarter, bringing its holdings to 193,686 shares valued at approximately $13.1 million. Institutional investors and hedge funds collectively own 63.86% of the company.
• Analyst sentiment remains positive overall, with five Buy ratings and two Hold ratings producing a consensus “Moderate Buy” rating and a target price of $175.00, despite one recent downgrade to Hold.
• Stantec reported quarterly EPS of $1.16, slightly above expectations, and maintains fiscal 2026 EPS guidance of $4.37–$4.49. The company also paid a quarterly dividend of C$0.24, representing an annualized yield of about 1.4%.

Cidel Asset Management Inc. raised its stake in Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 52.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 193,686 shares of the business services provider's stock after acquiring an additional 66,952 shares during the period. Cidel Asset Management Inc. owned about 0.17% of Stantec worth $13,088,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Man Group plc acquired a new stake in shares of Stantec in the 2nd quarter valued at $121,285,000. Cardinal Capital Management Inc. bought a new stake in shares of Stantec in the 3rd quarter worth about $109,514,000. Bank of America Corp DE bought a new stake in shares of Stantec in the 2nd quarter worth about $104,075,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Stantec during the 2nd quarter worth about $98,396,000. Finally, Amundi increased its position in shares of Stantec by 27.2% during the 2nd quarter. Amundi now owns 1,050,103 shares of the business services provider's stock worth $86,775,000 after purchasing an additional 224,462 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on STN shares. Wall Street Zen downgraded shares of Stantec from a "buy" rating to a "hold" rating in a report on Saturday, October 17th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Stantec in a research note on Friday, August 14th. Scotiabank reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, August 14th. Finally, Weiss Ratings upgraded shares of Stantec from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Stantec presently has a consensus rating of "Moderate Buy" and a consensus target price of $175.00.

Stantec Trading Up 0.0%

Shares of NYSE STN opened at $72.30 on Friday. Stantec Inc. has a 1-year low of $65.35 and a 1-year high of $111.80. The company has a 50-day moving average of $70.39 and a two-hundred day moving average of $79.70. The company has a market cap of $8.11 billion, a PE ratio of 22.52 and a beta of 1.01. 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 released its quarterly earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. The business had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts expect that Stantec Inc. will post 4.42 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were given a C$0.24 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, September 29th. Stantec's dividend payout ratio (DPR) is presently 22.12%.

About Stantec

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects in areas including buildings, transportation, water, energy, and environmental services.

The company serves public- and private-sector clients across North America and in selected international markets. Its multidisciplinary teams help clients plan, design, manage, and deliver projects ranging from transportation networks and water systems to community developments, industrial facilities, and buildings.

Stantec was founded in 1954 in Edmonton, Alberta, by Dr.

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