B. Riley Analysts Reduce Earnings Estimates for Tutor Perini

Tutor Perini Corporation (NYSE:TPC - Free Report) - Investment analysts at B. Riley dropped their Q3 2025 EPS estimates for shares of Tutor Perini in a report released on Wednesday, July 16th. B. Riley analyst L. Burke now forecasts that the construction company will post earnings per share of $0.48 for the quarter, down from their previous estimate of $0.49. B. Riley has a "Buy" rating and a $50.00 price objective on the stock. B. Riley also issued estimates for Tutor Perini's FY2025 earnings at $1.83 EPS, FY2025 earnings at $1.83 EPS and FY2026 earnings at $2.86 EPS.

Tutor Perini (NYSE:TPC - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The construction company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.47. Tutor Perini had a negative net margin of 3.35% and a negative return on equity of 11.64%. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm posted $0.30 earnings per share. The business's revenue was up 18.8% on a year-over-year basis.

TPC has been the subject of several other research reports. UBS Group upped their price objective on shares of Tutor Perini from $41.00 to $59.00 and gave the stock a "buy" rating in a research report on Thursday, July 10th. Wall Street Zen downgraded shares of Tutor Perini from a "strong-buy" rating to a "buy" rating in a research report on Friday.

Tutor Perini Stock Down 2.5%

Shares of TPC stock traded down $1.27 during trading on Friday, reaching $48.82. The company's stock had a trading volume of 706,004 shares, compared to its average volume of 570,764. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.33. The business has a fifty day moving average price of $41.17 and a 200-day moving average price of $29.66. Tutor Perini has a one year low of $14.50 and a one year high of $51.98. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -16.95 and a beta of 1.79.

Insider Transactions at Tutor Perini

In other news, Director Raymond R. Oneglia sold 25,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $36.14, for a total transaction of $903,500.00. Following the completion of the transaction, the director directly owned 90,470 shares in the company, valued at $3,269,585.80. This trade represents a 21.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Ronald N. Tutor sold 130,478 shares of Tutor Perini stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $40.93, for a total value of $5,340,464.54. Following the completion of the transaction, the chairman owned 4,570,985 shares of the company's stock, valued at approximately $187,090,416.05. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 410,000 shares of company stock worth $15,891,651 in the last 90 days. Company insiders own 17.30% of the company's stock.

Institutional Investors Weigh In On Tutor Perini

A number of large investors have recently bought and sold shares of TPC. Commonwealth Equity Services LLC increased its holdings in Tutor Perini by 7.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,291 shares of the construction company's stock valued at $249,000 after purchasing an additional 700 shares in the last quarter. Boston Partners boosted its stake in Tutor Perini by 1,801.4% in the fourth quarter. Boston Partners now owns 605,450 shares of the construction company's stock valued at $14,666,000 after acquiring an additional 573,608 shares during the period. Quantbot Technologies LP boosted its stake in Tutor Perini by 79.3% in the fourth quarter. Quantbot Technologies LP now owns 36,938 shares of the construction company's stock valued at $894,000 after acquiring an additional 16,341 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Tutor Perini during the fourth quarter worth approximately $232,000. Finally, LPL Financial LLC boosted its position in shares of Tutor Perini by 139.3% during the fourth quarter. LPL Financial LLC now owns 44,984 shares of the construction company's stock worth $1,089,000 after buying an additional 26,186 shares during the period. Institutional investors and hedge funds own 65.01% of the company's stock.

About Tutor Perini

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.