Varma Mutual Pension Insurance Co Buys New Holdings in Stantec Inc. $STN

Key Points

• Varma Mutual Pension Insurance Co bought a new stake of 98,300 shares in Stantec valued at about $9.29 million, representing roughly 0.09% of the company at quarter-end.
• Stantec beat Q earnings estimates with $0.90 EPS vs. $0.87 expected but posted a large revenue miss ($1.19B vs. $1.65B expected) and set FY2026 guidance of 4.37–4.49 EPS, near the sell-side consensus of ~4.47.
• The company raised its quarterly dividend to $0.245 (annualized $0.98, ~1.1% yield), and analysts hold a consensus Buy rating with an average price target of $175.00.

Varma Mutual Pension Insurance Co bought a new stake in Stantec Inc. (NYSE:STN - Free Report) TSE: STN during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 98,300 shares of the business services provider's stock, valued at approximately $9,288,000. Varma Mutual Pension Insurance Co owned about 0.09% of Stantec at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STN. Jones Financial Companies Lllp lifted its stake in shares of Stantec by 1,504.9% during the first quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider's stock worth $162,000 after purchasing an additional 1,836 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Stantec by 15.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider's stock worth $13,621,000 after buying an additional 22,524 shares during the period. Jane Street Group LLC boosted its position in shares of Stantec by 73.2% in the first quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider's stock worth $1,828,000 after buying an additional 9,325 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Stantec in the second quarter worth about $361,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Stantec by 15.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider's stock worth $148,000 after buying an additional 180 shares during the period. Institutional investors and hedge funds own 63.86% of the company's stock.

Stantec Trading Up 1.4%

NYSE:STN opened at $92.20 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. Stantec Inc. has a one year low of $84.08 and a one year high of $114.51. The business's 50-day simple moving average is $89.40 and its 200 day simple moving average is $96.02. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 30.53 and a beta of 1.06.

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

Stantec Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings raised Stantec from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. Royal Bank Of Canada upped their target price on Stantec from $168.00 to $175.00 and gave the stock an "outperform" rating in a research report on Monday, March 2nd. Wall Street Zen downgraded Stantec from a "strong-buy" rating to a "buy" rating in a research report on Saturday, April 18th. Scotiabank reaffirmed an "outperform" rating on shares of Stantec in a research report on Thursday, January 22nd. Finally, Zacks Research raised Stantec from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently 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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