TD Waterhouse Canada Inc. Purchases 57,145 Shares of Stantec Inc. $STN

Key Points

• TD Waterhouse Canada increased its Stantec holdings by 6.8% in the third quarter, purchasing 57,145 shares to bring its total to 891,558 shares, worth approximately $59.7 million. Institutional investors collectively own 63.86% of Stantec.
• Stantec reported quarterly earnings of $1.16 per share, slightly exceeding analyst expectations, while revenue reached $1.25 billion. The company provided fiscal 2026 guidance of $4.37–$4.49 in EPS.
• Stantec paid a quarterly dividend of C$0.24, equivalent to an annualized C$0.98 and a 1.4% yield. Analysts maintain a consensus “Moderate Buy” rating with a target price of $175.

TD Waterhouse Canada Inc. increased its holdings in Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 891,558 shares of the business services provider's stock after buying an additional 57,145 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.80% of Stantec worth $59,656,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of STN. Pictet Asset Management Holding SA boosted its holdings in shares of Stantec by 19.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider's stock valued at $300,340,000 after acquiring an additional 557,434 shares during the last quarter. Man Group plc purchased a new position in shares of Stantec during the second quarter worth $121,285,000. Cardinal Capital Management Inc. purchased a new position in shares of Stantec during the third quarter worth $109,514,000. Bank of America Corp DE purchased a new position in shares of Stantec during the second quarter worth $104,075,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Stantec during the second quarter valued at $98,396,000. 63.86% of the stock is owned by hedge funds and other institutional investors.

Stantec Stock Performance

Stantec stock traded up $0.03 during mid-day trading on Friday, hitting $69.22. The company had a trading volume of 276,797 shares, compared to its average volume of 378,721. 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 Inc. has a 12-month low of $65.35 and a 12-month high of $114.51. The company's fifty day moving average is $71.01 and its 200-day moving average is $75.01. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 21.56 and a beta of 1.01.

Stantec (NYSE:STN - Get Free Report) TSE: STN last posted its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts predict that Stantec Inc. will post 4.42 EPS for the current year.

Stantec Announces Dividend

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. The ex-dividend date was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. Stantec's dividend payout ratio is 22.12%.

Wall Street Analysts Forecast Growth

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

Stantec Company Profile

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 across the buildings, energy and resources, environment, and water sectors.

The company serves public- and private-sector clients involved in transportation, community development, buildings, water and wastewater systems, environmental restoration, energy infrastructure, and natural resources.

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