Guardian Capital LP Trims Stake in Stantec Inc. $STN

Guardian Capital LP lessened its position in Stantec Inc. (NYSE:STN) (TSE:STN) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 286,858 shares of the business services provider’s stock after selling 6,916 shares during the quarter. Stantec accounts for 1.0% of Guardian Capital LP’s portfolio, making the stock its 29th largest position. Guardian Capital LP owned about 0.25% of Stantec worth $30,943,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in STN. Vanguard Group Inc. raised its position in Stantec by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 4,873,421 shares of the business services provider’s stock worth $525,584,000 after purchasing an additional 152,170 shares during the period. Alliancebernstein L.P. boosted its position in shares of Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock valued at $374,871,000 after buying an additional 1,558,703 shares during the period. Fiera Capital Corp grew its stake in shares of Stantec by 3.5% during the third quarter. Fiera Capital Corp now owns 2,469,545 shares of the business services provider’s stock valued at $266,236,000 after buying an additional 84,251 shares during the last quarter. Norges Bank bought a new position in shares of Stantec during the second quarter valued at approximately $157,932,000. Finally, Amundi raised its holdings in shares of Stantec by 4.4% in the second quarter. Amundi now owns 1,316,468 shares of the business services provider’s stock worth $152,211,000 after buying an additional 55,596 shares during the period. 63.86% of the stock is currently owned by institutional investors.

Stantec Stock Down 1.1%

Shares of NYSE STN opened at $90.51 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $10.32 billion, a price-to-earnings ratio of 29.97 and a beta of 1.12. The stock has a 50 day moving average price of $96.00 and a 200 day moving average price of $101.89. Stantec Inc. has a 52-week low of $77.07 and a 52-week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Sell-side analysts expect that Stantec Inc. will post 3.05 earnings per share for the current year.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.23. Stantec’s dividend payout ratio is currently 21.85%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on STN shares. Scotiabank reissued an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Desjardins reaffirmed a “buy” rating on shares of Stantec in a research report on Monday, November 17th. Zacks Research upgraded Stantec from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Stantec in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada boosted their target price on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Stantec presently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.