Tutor Perini (NYSE:TPC) Cut to Buy at Wall Street Zen

Key Points

• Wall Street Zen downgraded Tutor Perini from “strong-buy” to “buy,” while the broader analyst view remains mixed with an overall consensus rating of “Hold” and an average target price of $86.50.
• The company beat first-quarter earnings expectations, reporting $1.03 EPS versus the $0.96 estimate, and revenue rose 11.5% year over year to $1.39 billion despite coming in slightly below sales expectations.
• Tutor Perini gave upbeat forward guidance, setting FY 2026 adjusted EPS guidance at $4.90-$5.30 and signaling double-digit revenue growth, which helped reinforce optimism around future profitability.

Tutor Perini (NYSE:TPC - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report issued on Saturday.

A number of other research analysts have also issued reports on TPC. Weiss Ratings restated a "sell (d-)" rating on shares of Tutor Perini in a research note on Monday, April 20th. UBS Group upped their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Tutor Perini currently has an average rating of "Hold" and a consensus target price of $86.50.

Tutor Perini Trading Up 1.0%

Shares of Tutor Perini stock opened at $82.79 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.31. Tutor Perini has a 12-month low of $29.80 and a 12-month high of $100.00. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 56.32 and a beta of 2.18. The firm's 50 day simple moving average is $79.20 and its two-hundred day simple moving average is $74.12.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The construction company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.07. Tutor Perini had a net margin of 1.37% and a return on equity of 19.97%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business posted $0.65 EPS. Tutor Perini's revenue for the quarter was up 11.5% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. Analysts predict that Tutor Perini will post 5.1 EPS for the current year.

Insider Buying and Selling at Tutor Perini

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

Institutional Trading of Tutor Perini

A number of hedge funds have recently added to or reduced their stakes in TPC. Quarry LP boosted its holdings in Tutor Perini by 74.7% during the third quarter. Quarry LP now owns 428 shares of the construction company's stock worth $28,000 after buying an additional 183 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Tutor Perini by 446.3% during the fourth quarter. Federated Hermes Inc. now owns 437 shares of the construction company's stock worth $29,000 after buying an additional 357 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Tutor Perini by 968.2% during the third quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company's stock worth $31,000 after buying an additional 426 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Tutor Perini by 54.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company's stock worth $36,000 after buying an additional 188 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Tutor Perini by 71.4% during the fourth quarter. Allworth Financial LP now owns 605 shares of the construction company's stock worth $41,000 after buying an additional 252 shares in the last quarter. 65.01% of the stock is owned by hedge funds and other institutional investors.

Key Headlines 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.

Tutor Perini Company Profile

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.

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