Tutor Perini (NYSE:TPC) Shares Gap Down – Here’s Why

Tutor Perini Corporation (NYSE:TPC) gapped down prior to trading on Friday . The stock had previously closed at $89.38, but opened at $79.21. Tutor Perini shares last traded at $82.1310, with a volume of 1,176,323 shares traded.

Tutor Perini News Roundup

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Q4 beat and revenue strength: Tutor Perini reported $1.07 EPS vs. $0.92 expected and revenue of $1.51B (up ~41% YoY), showing outsized top-line growth that beat analysts. Tutor Perini Q4 press release
• Positive Sentiment: Raised FY‑2026 guidance: Management updated FY‑2026 EPS guidance to $4.90–$5.30, above consensus (~$4.78), signaling confidence in 2026 execution. Tutor Perini Q4 press release
• Positive Sentiment: Dividend declared: The company declared a $0.06 quarterly dividend (small 0.3% yield), a modest return of capital that can support investor sentiment.
• Neutral Sentiment: Earnings call detail and strategy: The transcript and call highlights emphasize record revenue and strategic growth plans; read for backlog, margin outlook and capital allocation context. Tutor Perini Corporation (TPC) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Market reaction / profit-taking: Despite the beat and raised guidance, the stock is down on heavy volume — likely driven by profit-taking after a recent run to the 12‑month high and short‑term momentum selling. Commentary notes the selloff may be overdone, suggesting sentiment, not fundamentals, is amplifying the move. Why Did Tutor Perini Stock Drop Today?
• Negative Sentiment: Margin & profitability caveats: Despite revenue growth and positive ROE, net margin remained slightly negative in the quarter (around -0.55%), which could temper enthusiasm until margin improvement is sustained. Tutor Perini Q4 press release

Analysts Set New Price Targets

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

Tutor Perini Stock Performance

The company has a fifty day moving average price of $76.82 and a two-hundred day moving average price of $68.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.30 and a quick ratio of 1.30. The company has a market capitalization of $4.18 billion, a P/E ratio of -149.68 and a beta of 2.21.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data 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 business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter last year, the business earned ($1.49) EPS. The firm’s quarterly revenue was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Tutor Perini’s payout ratio is presently -45.28%.

Hedge Funds Weigh In On Tutor Perini

A number of hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP lifted its position in shares of Tutor Perini by 4,166.1% in the 2nd quarter. First Trust Advisors LP now owns 1,153,214 shares of the construction company’s stock worth $53,947,000 after purchasing an additional 1,126,182 shares during the period. Prudential Financial Inc. raised its stake in Tutor Perini by 438.4% during the second quarter. Prudential Financial Inc. now owns 610,720 shares of the construction company’s stock worth $28,569,000 after buying an additional 497,296 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in Tutor Perini by 209.4% in the third quarter. Assenagon Asset Management S.A. now owns 720,405 shares of the construction company’s stock valued at $47,251,000 after buying an additional 487,529 shares during the period. Gendell Jeffrey L boosted its position in Tutor Perini by 95.0% during the fourth quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company’s stock valued at $59,642,000 after acquiring an additional 433,559 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Tutor Perini by 11,487.7% during the fourth quarter. SG Americas Securities LLC now owns 366,054 shares of the construction company’s stock valued at $24,533,000 after acquiring an additional 362,895 shares during the last quarter. 65.01% of the stock is currently owned by institutional investors.

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.