Vanguard Group Inc. Boosts Stake in Stantec Inc. $STN

Key Points

• Vanguard Group Inc. boosted its stake in Stantec by 1.9% in Q4, acquiring 92,641 shares to hold 4,966,062 shares (4.35% of the company) valued at about $468.6 million.
• Stantec posted a quarterly EPS beat of $0.90 versus $0.87 expected but reported revenue of $1.19 billion below the $1.65 billion estimate, and set FY2026 guidance of 4.370–4.490 EPS (analysts average 4.47).
• The company raised its quarterly dividend to $0.245 (annualized $0.98, ~1.1% yield), and brokerages hold a consensus "Buy" rating with an average price target of $175 after several upgrades.

Vanguard Group Inc. boosted its holdings in shares of Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,966,062 shares of the business services provider's stock after acquiring an additional 92,641 shares during the period. Vanguard Group Inc. owned 4.35% of Stantec worth $468,622,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new position in shares of Stantec during the 4th quarter worth approximately $278,000. Milestone Asset Management LLC acquired a new stake in shares of Stantec in the fourth quarter valued at approximately $355,000. TD Waterhouse Canada Inc. lifted its position in Stantec by 6.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 470,442 shares of the business services provider's stock worth $44,344,000 after buying an additional 29,718 shares in the last quarter. Ritholtz Wealth Management lifted its position in Stantec by 13.0% during the fourth quarter. Ritholtz Wealth Management now owns 25,565 shares of the business services provider's stock worth $2,412,000 after buying an additional 2,946 shares in the last quarter. Finally, Toth Financial Advisory Corp acquired a new position in Stantec during the fourth quarter worth $57,000. Institutional investors and hedge funds own 63.86% of the company's stock.

Stantec Stock Up 1.4%

Shares of STN opened at $92.20 on Wednesday. The company's 50-day moving average price is $89.40 and its 200 day moving average price is $96.02. Stantec Inc. has a 12-month low of $84.08 and a 12-month high of $114.51. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. The firm has a market cap of $10.52 billion, a P/E ratio of 30.53 and a beta of 1.06.

Stantec (NYSE:STN - Get Free Report) TSE: STN last announced its earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.03. Stantec had a net margin of 5.90% and a return on equity of 17.56%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, sell-side analysts forecast that Stantec Inc. will post 4.47 earnings per share for the current year.

Stantec Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from Stantec's previous quarterly dividend of $0.23. Stantec's dividend payout ratio is 23.18%.

Analyst Ratings Changes

A number of brokerages have issued reports on STN. Weiss Ratings raised Stantec from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. Wall Street Zen lowered shares of Stantec from a "strong-buy" rating to a "buy" rating in a report on Saturday, April 18th. Royal Bank Of Canada raised their price objective on shares of Stantec from $168.00 to $175.00 and gave the stock an "outperform" rating in a research report on Monday, March 2nd. Zacks Research upgraded shares of Stantec from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 14th. Finally, Scotiabank reissued an "outperform" rating on shares of Stantec in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $175.00.

Stantec Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm's service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.

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