Stantec Inc. $STN Stock: QV Investors Inc. Raises Holdings

by · The Markets Daily

QV Investors Inc. increased its position in shares of Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) by 48.5% in the third quarter, HoldingsChannel.com reports. The firm owned 759,645 shares of the business services provider’s stock after acquiring an additional 247,980 shares during the quarter. Stantec comprises 3.8% of QV Investors Inc.’s holdings, making the stock its 6th largest position. QV Investors Inc.’s holdings in Stantec were worth $51,333,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of STN. Wellington Altus USA Inc. acquired a new stake in Stantec in the second quarter valued at $26,000. Fortitude Family Office LLC purchased a new stake in Stantec during the 3rd quarter worth about $32,000. Addison Advisors LLC purchased a new stake in Stantec during the 2nd quarter worth about $33,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Stantec during the 2nd quarter worth about $62,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Stantec by 67.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,236 shares of the business services provider’s stock worth $83,000 after acquiring an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wall Street Zen downgraded Stantec from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings upgraded Stantec from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Check Out Our Latest Stock Report on STN

Stantec Stock Performance

Shares of Stantec stock opened at $68.98 on Wednesday. The firm’s fifty day simple moving average is $70.80 and its 200-day simple moving average is $74.69. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 21.49 and a beta of 1.01. Stantec Inc. has a 12 month low of $65.35 and a 12 month high of $114.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50.

Stantec (NYSE:STN – Get Free Report) (TSE:STN) last released its quarterly earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts forecast that Stantec Inc. will post 4.42 earnings per share for the current year.

Stantec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were paid a C$0.24 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. Stantec’s payout ratio is currently 21.81%.

Stantec Company Profile

(Free Report)

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects in areas including buildings, transportation, water, energy, and environmental services.

The company serves public- and private-sector clients across North America and in selected international markets. Its multidisciplinary teams help clients plan, design, manage, and deliver projects ranging from transportation networks and water systems to community developments, industrial facilities, and buildings.

Stantec was founded in 1954 in Edmonton, Alberta, by Dr.

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