B. Riley Issues Optimistic Outlook for Tutor Perini Earnings

Key Points

• B. Riley increased its Q3 2025 earnings estimate for Tutor Perini to $0.96 per share, a significant rise from the previous estimate of $0.48, while maintaining a "Buy" rating with a target price of $75.00.
• Tutor Perini's recent quarterly earnings report showed an EPS of $1.41, exceeding estimates by $1.12, with revenue growth of 21.8% year-over-year, totaling $1.37 billion.
• Insider selling activity included Director Raymond R. Oneglia and Chairman Ronald N. Tutor selling shares, indicating a decrease in their positions but still retaining a significant ownership interest in the company.

Tutor Perini Corporation (NYSE:TPC - Free Report) - Stock analysts at B. Riley lifted their Q3 2025 earnings per share estimates for shares of Tutor Perini in a research note issued on Thursday, August 7th. B. Riley analyst L. Burke now forecasts that the construction company will post earnings of $0.96 per share for the quarter, up from their previous estimate of $0.48. B. Riley has a "Buy" rating and a $75.00 price objective on the stock. B. Riley also issued estimates for Tutor Perini's Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $3.78 EPS and FY2026 earnings at $4.63 EPS.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its earnings results on Wednesday, August 6th. The construction company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $1.12. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.27 billion. Tutor Perini had a negative return on equity of 6.41% and a negative net margin of 2.77%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 EPS.

TPC has been the subject of several other reports. Wall Street Zen raised Tutor Perini from a "buy" rating to a "strong-buy" rating in a report on Monday. UBS Group increased their target price on Tutor Perini from $59.00 to $67.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th.

Tutor Perini Stock Down 2.0%

TPC traded down $1.16 during midday trading on Monday, reaching $56.59. 155,017 shares of the company were exchanged, compared to its average volume of 684,383. The company has a market cap of $2.98 billion, a price-to-earnings ratio of -22.46 and a beta of 1.83. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.32 and a current ratio of 1.32. The company's fifty day moving average price is $46.22 and its 200 day moving average price is $32.80. Tutor Perini has a one year low of $18.33 and a one year high of $63.96.

Insiders Place Their Bets

In other Tutor Perini news, Chairman Ronald N. Tutor sold 130,478 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $40.93, for a total transaction of $5,340,464.54. Following the sale, the chairman owned 4,570,985 shares in the company, valued at $187,090,416.05. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 310,000 shares of company stock worth $12,270,901 in the last quarter. Company insiders own 17.30% of the company's stock.

Institutional Trading of Tutor Perini

Several large investors have recently modified their holdings of the business. GAMMA Investing LLC boosted its position in shares of Tutor Perini by 32.5% in the 1st quarter. GAMMA Investing LLC now owns 2,080 shares of the construction company's stock worth $48,000 after purchasing an additional 510 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in Tutor Perini during the 1st quarter valued at $54,000. Comerica Bank raised its stake in Tutor Perini by 30.7% during the 1st quarter. Comerica Bank now owns 2,423 shares of the construction company's stock valued at $56,000 after buying an additional 569 shares during the last quarter. CWM LLC grew its position in shares of Tutor Perini by 32.8% during the 1st quarter. CWM LLC now owns 3,442 shares of the construction company's stock valued at $80,000 after acquiring an additional 850 shares during the period. Finally, AlphaQuest LLC grew its position in shares of Tutor Perini by 849.2% during the 1st quarter. AlphaQuest LLC now owns 3,436 shares of the construction company's stock valued at $80,000 after acquiring an additional 3,074 shares during the period. 65.01% of the stock is owned by institutional investors.

Tutor Perini Company Profile

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.