What is B. Riley's Estimate for Tutor Perini Q3 Earnings?

Tutor Perini Corporation (NYSE:TPC - Free Report) - B. Riley decreased their Q3 2025 earnings per share estimates for Tutor Perini in a report released on Wednesday, July 16th. B. Riley analyst L. Burke now anticipates that the construction company will post earnings per share of $0.48 for the quarter, down from their prior estimate of $0.49. B. Riley currently has a "Buy" rating and a $50.00 target price 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 earnings results on Wednesday, May 7th. The construction company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.47. The firm had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.08 billion. Tutor Perini had a negative return on equity of 11.64% and a negative net margin of 3.35%. The company's revenue was up 18.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share.

Several other analysts have also issued reports on TPC. Wall Street Zen upgraded shares of Tutor Perini from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th. UBS Group boosted their target price on Tutor Perini from $41.00 to $59.00 and gave the stock a "buy" rating in a research note on Thursday, July 10th.

Tutor Perini Stock Up 1.8%

Shares of TPC stock traded up $0.90 during trading hours on Friday, hitting $51.79. 41,930 shares of the company were exchanged, compared to its average volume of 568,137. The business has a 50 day moving average of $40.76 and a two-hundred day moving average of $29.40. Tutor Perini has a 52 week low of $14.50 and a 52 week high of $52.60. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $2.73 billion, a PE ratio of -17.88 and a beta of 1.79.

Institutional Investors Weigh In On Tutor Perini

Several institutional investors have recently bought and sold shares of TPC. Donald Smith & CO. Inc. increased its position in shares of Tutor Perini by 16.8% during the 1st quarter. Donald Smith & CO. Inc. now owns 4,031,220 shares of the construction company's stock worth $93,444,000 after purchasing an additional 580,963 shares during the last quarter. Vanguard Group Inc. boosted its stake in Tutor Perini by 4.8% in the first quarter. Vanguard Group Inc. now owns 2,829,370 shares of the construction company's stock valued at $65,585,000 after acquiring an additional 130,747 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Tutor Perini by 6.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,825,350 shares of the construction company's stock valued at $68,373,000 after acquiring an additional 170,440 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Tutor Perini by 5.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,726,545 shares of the construction company's stock worth $65,982,000 after buying an additional 148,425 shares during the last quarter. Finally, Fred Alger Management LLC increased its position in Tutor Perini by 91.9% during the 4th quarter. Fred Alger Management LLC now owns 1,133,014 shares of the construction company's stock worth $27,419,000 after purchasing an additional 542,647 shares during the period. 65.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Tutor Perini

In other Tutor Perini news, Director Raymond R. Oneglia sold 75,000 shares of Tutor Perini stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $36.23, for a total transaction of $2,717,250.00. Following the completion of the sale, the director owned 115,470 shares of the company's stock, valued at approximately $4,183,478.10. The trade was a 39.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Ronald N. Tutor sold 130,478 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $40.93, for a total value of $5,340,464.54. Following the sale, the chairman directly owned 4,570,985 shares in the company, valued at $187,090,416.05. This represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 410,000 shares of company stock worth $15,891,651. 17.30% of the stock is owned by corporate insiders.

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.

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