Tutor Perini (NYSE:TPC) Stock Rating Lowered by Wall Street Zen

Tutor Perini (NYSE:TPC) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other analysts also recently weighed in on the company. Zacks Research downgraded Tutor Perini from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Weiss Ratings lowered shares of Tutor Perini from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Finally, UBS Group lifted their price objective on shares of Tutor Perini from $105.00 to $107.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $107.00.

Tutor Perini Trading Down 0.9%

NYSE:TPC opened at $89.11 on Friday. Tutor Perini has a 12-month low of $57.90 and a 12-month high of $102.30. The firm has a market capitalization of $4.68 billion, a P/E ratio of 33.75 and a beta of 2.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.27 and a quick ratio of 1.27. The business has a 50 day simple moving average of $83.80 and a 200 day simple moving average of $81.54.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data on Wednesday, November 4th. The construction company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.49. The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.63 billion. Tutor Perini had a return on equity of 23.19% and a net margin of 2.25%. The firm’s revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.07 EPS. Equities research analysts predict that Tutor Perini will post 6.03 EPS for the current year.

Insider Buying and Selling at Tutor Perini

In related news, Director Dale Reiss sold 13,400 shares of Tutor Perini stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $92.04, for a total value of $1,233,336.00. Following the transaction, the director directly owned 31,203 shares in the company, valued at $2,871,924.12. The trade was a 30.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Ronald Tutor sold 2,310,000 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $85.59, for a total value of $197,712,900.00. Following the sale, the chairman directly owned 701,477 shares in the company, valued at $60,039,416.43. This trade represents a 76.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 15.40% of the company’s stock.

Hedge Funds Weigh In On Tutor Perini

Institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC purchased a new position in shares of Tutor Perini during the third quarter valued at $32,000. Silvant Capital Management LLC acquired a new position in Tutor Perini during the second quarter valued at $49,000. Allworth Financial LP acquired a new position in Tutor Perini during the second quarter valued at $53,000. Public Employees Retirement System of Ohio purchased a new stake in Tutor Perini in the 2nd quarter worth about $56,000. Finally, Farther Finance Advisors LLC lifted its stake in Tutor Perini by 26.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 796 shares of the construction company’s stock worth $66,000 after acquiring an additional 168 shares in the last quarter. Hedge funds and other institutional investors own 65.01% of the company’s stock.

Tutor Perini News Summary

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

• Positive Sentiment: Tutor Perini reported record third-quarter results, with earnings of $1.83 per share versus the $1.34 consensus and revenue of $1.72 billion versus expectations of $1.63 billion. Revenue rose 21.5% year over year. Tutor Perini Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its 2026 adjusted EPS guidance. Reports also point to expanding margins, infrastructure demand and a substantial $20.4 billion backlog, reinforcing expectations for continued earnings growth. Q3 Earnings Call Highlights Higher Guidance and Backlog
• Positive Sentiment: UBS raised its price target to $107 from $105 and maintained a Buy rating, signaling continued analyst confidence.
• Neutral Sentiment: Unusually high call-option trading—2,503 contracts versus an average of 153—may reflect bullish positioning, though options activity is speculative and does not guarantee future performance.
• Neutral Sentiment: The company declared a quarterly dividend of $0.09 per share, payable December 3. The annualized yield is about 0.4%, a modest income component rather than a major growth catalyst. Quarterly Dividend Announcement

Tutor Perini Company Profile

Tutor Perini Corporation is a construction company that provides general contracting, construction management, and design-build services. Its work spans civil infrastructure, building construction, and specialty contracting, with projects for public agencies and private-sector clients.

The company’s civil projects include transportation and infrastructure such as highways, bridges, tunnels, and transit systems. Its building work includes facilities for sectors such as healthcare, government, hospitality, and gaming, while its specialty contractors provide services including concrete, electrical, and mechanical construction.

Headquartered in Sylmar, California, Tutor Perini traces its roots to construction businesses founded in the late 19th and early 20th centuries.