Hsbc Holdings PLC Decreases Stock Holdings in Stantec Inc. $STN

Hsbc Holdings PLC lowered its stake in Stantec Inc. (NYSE:STN) (TSE:STN) by 72.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,693 shares of the business services provider’s stock after selling 193,255 shares during the quarter. Hsbc Holdings PLC’s holdings in Stantec were worth $7,048,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its stake in shares of Stantec by 1,504.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider’s stock worth $162,000 after buying an additional 1,836 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Stantec by 15.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider’s stock worth $13,621,000 after purchasing an additional 22,524 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Stantec by 73.2% during the 1st quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider’s stock valued at $1,828,000 after purchasing an additional 9,325 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Stantec during the 2nd quarter valued at about $361,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Stantec by 15.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock valued at $148,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 63.86% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on STN. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Stantec presently has an average rating of “Moderate Buy” and an average target price of $175.00.

Stantec Price Performance

Shares of Stantec stock opened at $69.64 on Thursday. The company has a market capitalization of $7.89 billion, a price-to-earnings ratio of 22.32 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $75.49 and its 200-day simple moving average is $86.93. Stantec Inc. has a 52 week low of $66.94 and a 52 week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last issued its 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 company had revenue of $1.22 billion for 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, analysts expect that Stantec Inc. will post 4.5 earnings per share for the current fiscal year.

Stantec Announces Dividend

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

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.