Tutor Perini (NYSE:TPC) Releases FY 2026 Earnings Guidance

Tutor Perini (NYSE:TPC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.150-5.450 for the period, compared to the consensus estimate of 5.090. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Wall Street Zen lowered Tutor Perini from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Tutor Perini in a research report on Friday, July 17th. Finally, Zacks Research lowered shares of Tutor Perini from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $86.50.

Tutor Perini Stock Performance

Shares of TPC stock opened at $84.38 on Thursday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average price of $78.54 and a 200 day moving average price of $79.12. The company has a market cap of $4.44 billion, a P/E ratio of 57.40 and a beta of 2.05. Tutor Perini has a 12 month low of $46.51 and a 12 month high of $100.00.

Tutor Perini (NYSE:TPC) last posted its earnings results on Wednesday, August 5th. The construction company reported $1.74 EPS for the quarter, beating the consensus estimate of $0.67 by $1.07. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.57 billion. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.Tutor Perini’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.38 earnings per share. Tutor Perini has set its FY 2026 guidance at 5.150-5.450 EPS. Sell-side analysts predict that Tutor Perini will post 5.18 earnings per share for the current fiscal year.

Insider Activity at Tutor Perini

In other news, Director Robert C. Lieber sold 17,500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the sale, the director owned 149,410 shares of the company’s stock, valued at approximately $11,259,537.60. This trade represents a 10.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 15.40% of the company’s stock.

Institutional Trading of Tutor Perini

Institutional investors have recently modified their holdings of the stock. Quarry LP grew its position in shares of Tutor Perini by 74.7% in the 3rd quarter. Quarry LP now owns 428 shares of the construction company’s stock valued at $28,000 after buying an additional 183 shares during the last quarter. Federated Hermes Inc. lifted its position in Tutor Perini by 446.3% in the fourth quarter. Federated Hermes Inc. now owns 437 shares of the construction company’s stock valued at $29,000 after acquiring an additional 357 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Tutor Perini by 31.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 618 shares of the construction company’s stock valued at $42,000 after acquiring an additional 148 shares in the last quarter. Comerica Bank boosted its stake in Tutor Perini by 30.7% in the first quarter. Comerica Bank now owns 2,423 shares of the construction company’s stock valued at $56,000 after acquiring an additional 569 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Tutor Perini during the third quarter worth about $72,000. Hedge funds and other institutional investors own 65.01% of the company’s stock.

About Tutor Perini

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.