Value Partners Investments Inc. Acquires New Holdings in Stantec Inc. $STN

Key Points

• Value Partners Investments acquired 700,268 Stantec shares worth approximately $47.4 million, making the stock its 16th-largest holding and representing about 3.2% of its portfolio.
• Institutional ownership remains substantial at 63.86%, with several major investors—including Man Group, Bank of America, and Canada Pension Plan Investment Board—also initiating positions recently.
• Analysts maintain a generally positive outlook, with five Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $175. Stantec recently beat quarterly EPS estimates and declared a dividend yielding about 1.4%.

Value Partners Investments Inc. bought a new position in Stantec Inc. (NYSE:STN - Free Report) TSE: STN during the third quarter, according to its most recent disclosure with the SEC. The firm bought 700,268 shares of the business services provider's stock, valued at approximately $47,352,000. Stantec accounts for about 3.2% of Value Partners Investments Inc.'s investment portfolio, making the stock its 16th biggest holding. Value Partners Investments Inc. owned approximately 0.62% of Stantec at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Man Group plc bought a new stake in Stantec during the second quarter valued at about $121,285,000. Cardinal Capital Management Inc. bought a new position in shares of Stantec in the third quarter worth about $109,514,000. Bank of America Corp DE bought a new position in shares of Stantec in the second quarter worth about $104,075,000. The Manufacturers Life Insurance Company bought a new position in shares of Stantec in the second quarter worth about $98,396,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Stantec during the 2nd quarter valued at about $79,047,000. 63.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Stantec Price Performance

NYSE STN traded down $0.71 during trading hours on Monday, reaching $68.57. The company's stock had a trading volume of 230,967 shares, compared to its average volume of 381,568. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. The firm's 50-day moving average price is $71.01 and its 200-day moving average price is $74.94. Stantec Inc. has a 1 year low of $65.35 and a 1 year high of $114.51. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 21.36 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 analysts' consensus estimates of $1.15 by $0.01. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates 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. On average, equities research analysts predict that Stantec Inc. will post 4.42 EPS for the current fiscal year.

Stantec Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were paid a dividend of C$0.24 per share. The ex-dividend date was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. Stantec's dividend payout ratio 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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