J. Safra Sarasin Holding AG Has $11.62 Million Stock Holdings in Stantec Inc. $STN

J. Safra Sarasin Holding AG trimmed its stake in Stantec Inc. (NYSE:STN) (TSE:STN) by 15.6% in the first quarter, Holdings Channel reports. The firm owned 135,144 shares of the business services provider’s stock after selling 24,896 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Stantec were worth $11,624,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Alliancebernstein L.P. raised its stake in shares of Stantec by 82.4% during the 2nd quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after purchasing an additional 1,558,703 shares in the last quarter. Norges Bank bought a new position in shares of Stantec in the fourth quarter valued at $124,217,000. BCV Asset Management Inc. bought a new position in shares of Stantec in the fourth quarter valued at $93,015,000. Bank of Montreal Can increased its holdings in Stantec by 25.2% during the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after buying an additional 897,912 shares during the last quarter. Finally, Man Group plc increased its holdings in Stantec by 103.5% during the fourth quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after buying an additional 803,322 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Analyst Ratings Changes

STN has been the subject of a number of recent analyst reports. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings lowered shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Finally, Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Stantec has an average rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Down 0.0%

STN stock opened at $69.22 on Monday. Stantec Inc. has a 1-year low of $66.94 and a 1-year high of $114.51. The business’s 50 day simple moving average is $74.66 and its 200 day simple moving average is $86.57. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $7.84 billion, a PE ratio of 22.19 and a beta of 1.00.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.02. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts anticipate that Stantec Inc. will post 4.5 EPS for the current year.

Stantec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is currently 22.12%.

About Stantec

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.