Stantec (NYSE:STN) Upgraded at Raymond James

Raymond James upgraded shares of Stantec (NYSE:STN - Free Report) TSE: STN from a market perform rating to an outperform rating in a research note released on Wednesday morning, MarketBeat reports. Raymond James also issued estimates for Stantec's Q1 2025 earnings at $0.76 EPS, Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.92 EPS, Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.68 EPS, Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $1.09 EPS, Q3 2026 earnings at $1.20 EPS, Q4 2026 earnings at $1.08 EPS and FY2026 earnings at $4.27 EPS.

Several other research firms have also weighed in on STN. StockNews.com upgraded Stantec from a "hold" rating to a "buy" rating in a report on Saturday, November 16th. Canaccord Genuity Group upgraded Stantec from a "hold" rating to a "buy" rating in a report on Monday, November 11th. Finally, Canaccord Genuity Group raised shares of Stantec from a "hold" rating to a "buy" rating in a research report on Monday, November 11th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy".

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Stantec Stock Up 0.7 %

NYSE STN traded up $0.63 during trading on Wednesday, reaching $85.27. The company's stock had a trading volume of 264,020 shares, compared to its average volume of 148,280. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $9.73 billion, a PE ratio of 38.76 and a beta of 1.01. Stantec has a 1-year low of $73.18 and a 1-year high of $90.24. The business has a 50-day moving average price of $78.48 and a 200-day moving average price of $81.06.

Stantec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.1574 per share. The ex-dividend date is Friday, March 28th. This is a positive change from Stantec's previous quarterly dividend of $0.16. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.74%. Stantec's payout ratio is 26.18%.

Institutional Trading of Stantec

A number of hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in Stantec by 632.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider's stock worth $39,000 after buying an additional 424 shares in the last quarter. Blue Trust Inc. lifted its position in Stantec by 802.8% in the third quarter. Blue Trust Inc. now owns 975 shares of the business services provider's stock worth $81,000 after purchasing an additional 867 shares during the period. Natixis boosted its stake in Stantec by 114.8% during the fourth quarter. Natixis now owns 1,781 shares of the business services provider's stock worth $140,000 after buying an additional 952 shares in the last quarter. US Bancorp DE increased its holdings in Stantec by 30.3% in the 3rd quarter. US Bancorp DE now owns 2,122 shares of the business services provider's stock valued at $171,000 after buying an additional 493 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Stantec in the 4th quarter valued at $205,000. 63.86% of the stock is owned by institutional investors.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.