13,159 Shares in Stantec Inc. $STN Acquired by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd bought a new position in shares of Stantec Inc. (NYSE:STN) (TSE:STN) in the second quarter, HoldingsChannel.com reports. The firm bought 13,159 shares of the business services provider’s stock, valued at approximately $907,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. UBS Group AG grew its stake in Stantec by 23.2% in the fourth quarter. UBS Group AG now owns 390,644 shares of the business services provider’s stock valued at $36,861,000 after purchasing an additional 73,539 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Stantec by 12.6% in the 1st quarter. Bank of America Corp DE now owns 1,140,686 shares of the business services provider’s stock valued at $98,555,000 after buying an additional 127,229 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Stantec by 59.8% in the 1st quarter. Quantinno Capital Management LP now owns 58,909 shares of the business services provider’s stock valued at $5,090,000 after buying an additional 22,036 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Stantec by 126.0% in the 4th quarter. Principal Financial Group Inc. now owns 932,025 shares of the business services provider’s stock worth $88,066,000 after buying an additional 519,545 shares during the last quarter. Finally, Navellier & Associates Inc. purchased a new position in shares of Stantec in the 4th quarter worth approximately $3,980,000. Institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on STN. Scotiabank reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen lowered Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Stock Up 0.2%

Shares of STN opened at $74.22 on Tuesday. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 23.12 and a beta of 0.99. Stantec Inc. has a 52 week low of $66.26 and a 52 week high of $114.51. The stock’s 50-day moving average price is $70.62 and its 200-day moving average price is $80.70. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.01. Stantec had a net margin of 5.91% and a return on equity of 19.70%. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, sell-side analysts predict that Stantec Inc. will post 4.46 EPS for the current year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. Stantec’s dividend payout ratio (DPR) is 21.50%.

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.