Stantec Inc. $STN Position Boosted by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management increased its Stantec stake by 7.9% in the third quarter, adding 153,576 shares to hold about 2.09 million shares, worth approximately $141.5 million.
• Stantec reported quarterly EPS of $1.16, narrowly beating estimates, while revenue of $1.25 billion came in slightly below consensus. The company’s FY2026 EPS guidance is $4.37–$4.49.
• Analysts give Stantec a Moderate Buy consensus rating, with a $175 average price target; the company also pays an annualized dividend of about $0.98 per share, a 1.3% yield.

Pictet Asset Management Holding SA boosted its stake in Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 7.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,093,951 shares of the business services provider's stock after purchasing an additional 153,576 shares during the quarter. Pictet Asset Management Holding SA owned about 1.87% of Stantec worth $141,499,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Wellington Altus USA Inc. acquired a new stake in shares of Stantec in the 2nd quarter valued at about $26,000. Heritage Family Offices LLP bought a new stake in Stantec in the 3rd quarter valued at about $31,000. Fortitude Family Office LLC bought a new stake in Stantec in the 3rd quarter valued at about $32,000. Addison Advisors LLC bought a new stake in Stantec in the 2nd quarter valued at about $33,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Stantec during the 2nd quarter worth approximately $62,000. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Stantec Trading Down 0.1%

NYSE:STN opened at $74.28 on Monday. The stock's fifty day moving average price is $70.61 and its two-hundred day moving average price is $79.14. Stantec Inc. has a 1 year low of $65.35 and a 1 year high of $108.70. The company has a market cap of $8.22 billion, a P/E ratio of 23.14 and a beta of 0.94. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50.

Stantec (NYSE:STN - Get Free Report) TSE: STN last announced its quarterly earnings results 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 net margin of 5.91% and a return on equity of 19.70%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, analysts expect that Stantec Inc. will post 4.42 EPS for the current year.

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 29th were given a C$0.24 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $0.98 annualized dividend and a yield of 1.3%. Stantec's payout ratio is 22.12%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on STN shares. Wall Street Zen lowered 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 report on Friday, August 14th. Weiss Ratings raised shares of Stantec from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, October 8th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Stantec in a research report on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $175.00.

Stantec Company Profile

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development.

Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.

Stantec's multidisciplinary teams advise clients throughout a project's life cycle, from early planning and environmental assessment to design, engineering, and project delivery.

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