UBS Group AG Has $26.92 Million Stock Position in Tutor Perini Corporation $TPC

Key Points

• UBS Group AG cut its Tutor Perini stake by 31.6% in the fourth quarter, selling 185,690 shares and ending with 401,621 shares valued at about $26.9 million.
• Tutor Perini beat Q1 earnings expectations, posting $1.03 EPS versus the $0.96 consensus, while revenue rose 11.5% year over year to $1.39 billion.
• The company also issued FY 2026 guidance of $4.90-$5.30 EPS and declared a quarterly dividend of $0.06 per share, though analysts currently rate the stock a consensus Hold.

UBS Group AG decreased its stake in shares of Tutor Perini Corporation (NYSE:TPC - Free Report) by 31.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 401,621 shares of the construction company's stock after selling 185,690 shares during the period. UBS Group AG owned 0.76% of Tutor Perini worth $26,917,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Tutor Perini by 15.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 406,546 shares of the construction company's stock worth $26,665,000 after buying an additional 54,248 shares in the last quarter. Plato Investment Management Ltd lifted its position in Tutor Perini by 5,803.4% during the 3rd quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company's stock worth $453,000 after buying an additional 6,848 shares in the last quarter. Counterpoint Mutual Funds LLC lifted its position in Tutor Perini by 491.0% during the 3rd quarter. Counterpoint Mutual Funds LLC now owns 49,139 shares of the construction company's stock worth $3,223,000 after buying an additional 40,824 shares in the last quarter. Vanguard Group Inc. lifted its position in Tutor Perini by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,922,986 shares of the construction company's stock worth $191,719,000 after buying an additional 103,799 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in Tutor Perini by 39,576.5% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 67,450 shares of the construction company's stock worth $4,424,000 after buying an additional 67,280 shares in the last quarter. Institutional investors and hedge funds own 65.01% of the company's stock.

Tutor Perini Stock Performance

Shares of NYSE:TPC opened at $82.79 on Monday. The stock has a market capitalization of $4.36 billion, a P/E ratio of 56.32 and a beta of 2.18. Tutor Perini Corporation has a 1-year low of $29.80 and a 1-year high of $100.00. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $79.20 and a two-hundred day moving average price of $74.12.

Tutor Perini (NYSE:TPC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. The firm had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.44 billion. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.The company's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. Equities analysts predict that Tutor Perini Corporation will post 5.18 earnings per share for the current year.

Tutor Perini Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Tutor Perini's dividend payout ratio is 16.33%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Tutor Perini in a report on Monday, April 20th. Wall Street Zen cut Tutor Perini from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, UBS Group boosted their price objective on Tutor Perini from $86.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $86.50.

Key Stories Impacting Tutor Perini

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Tutor Perini beat Q1 earnings estimates, reporting $1.03 per share versus the $0.96 consensus, with earnings up sharply from $0.53 a year ago. Article Title
• Positive Sentiment: The company guided to 2026 adjusted EPS of $4.90-$5.30 and said it expects double-digit revenue growth, reinforcing confidence in future profitability. Article Title
• Positive Sentiment: Recent commentary highlighted Tutor Perini as potentially undervalued, with strong cash strength and backlog supporting buybacks and a valuation gap, which can attract value investors. Article Title
• Neutral Sentiment: Zacks noted the stock screens well on momentum and value metrics, but this was largely a style-factor assessment rather than a new operational catalyst. Article Title
• Neutral Sentiment: Another Zacks piece asked whether TPC is undervalued, reinforcing the valuation debate but not adding a major new catalyst. Article Title
• Neutral Sentiment: The company also declared a $0.06 quarterly dividend, a modest shareholder return that is supportive but unlikely to be a primary driver of the stock.

Insider Transactions at Tutor Perini

In related news, CEO Gary G. Smalley purchased 10,000 shares of the stock in a transaction dated Wednesday, March 4th. The stock was bought at an average cost of $73.24 per share, with a total value of $732,400.00. Following the purchase, the chief executive officer directly owned 91,479 shares in the company, valued at $6,699,921.96. The trade was a 12.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Peter Arkley purchased 8,117 shares of the stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $73.02 per share, with a total value of $592,703.34. Following the completion of the purchase, the director owned 216,717 shares in the company, valued at $15,824,675.34. The trade was a 3.89% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders bought 35,000 shares of company stock valued at $2,556,404. 15.40% of the stock is currently owned by company insiders.

About Tutor Perini

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.