Tutor Perini (NYSE:TPC) Releases FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.900-5.300 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.

Tutor Perini Trading Up 3.8%

Shares of NYSE TPC traded up $3.31 on Thursday, reaching $89.41. 1,158,410 shares of the company traded hands, compared to its average volume of 579,212. The stock has a market capitalization of $4.72 billion, a PE ratio of -168.69 and a beta of 2.21. Tutor Perini has a fifty-two week low of $18.33 and a fifty-two week high of $89.51. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average of $76.39 and a 200 day moving average of $68.02.

Tutor Perini (NYSE:TPC) last released its earnings results on Thursday, February 26th. The construction company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.15. Tutor Perini had a negative net margin of 0.55% and a positive return on equity of 7.07%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.35 billion. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a report on Wednesday, January 21st. Wall Street Zen downgraded Tutor Perini from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. B. Riley Financial restated a “buy” rating on shares of Tutor Perini in a research note on Thursday, November 6th. Finally, UBS Group lifted their price objective on Tutor Perini from $67.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Tutor Perini has a consensus rating of “Hold” and an average target price of $80.50.

Institutional Investors Weigh In On Tutor Perini

Several institutional investors and hedge funds have recently modified their holdings of TPC. Quarry LP raised its holdings in shares of Tutor Perini by 74.7% during the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock valued at $28,000 after buying an additional 183 shares during the period. Federated Hermes Inc. boosted its holdings in Tutor Perini by 446.3% in the 4th quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock worth $29,000 after acquiring an additional 357 shares during the period. Smartleaf Asset Management LLC grew its position in Tutor Perini by 31.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 618 shares of the construction company’s stock valued at $42,000 after acquiring an additional 148 shares in the last quarter. Comerica Bank raised its stake in shares of Tutor Perini by 30.7% during the first quarter. Comerica Bank now owns 2,423 shares of the construction company’s stock valued at $56,000 after purchasing an additional 569 shares during the period. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Tutor Perini during the third quarter valued at approximately $72,000. Hedge funds and other institutional investors own 65.01% of the company’s 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.