Raymond James Upgrades Stantec (NYSE:STN) to “Outperform”

Stantec (NYSE:STN) (TSE:STN) was upgraded by research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report issued on Wednesday, MarketBeat reports. Raymond James also issued estimates for Stantec’s 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 analysts have also recently weighed in on STN. StockNews.com upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Stantec Price Performance

Shares of STN stock opened at $84.64 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $90.24. The firm has a market cap of $9.65 billion, a P/E ratio of 38.47 and a beta of 1.01. The business’s 50 day moving average price is $78.36 and its 200-day moving average price is $81.02.

Hedge Funds Weigh In On Stantec

Several institutional investors and hedge funds have recently added to or reduced their stakes in STN. Mackenzie Financial Corp grew its position in shares of Stantec by 166.5% in the 4th quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider’s stock worth $1,751,093,000 after buying an additional 13,958,790 shares during the period. Amiral Gestion bought a new stake in Stantec during the fourth quarter worth about $823,000. USS Investment Management Ltd grew its holdings in Stantec by 27.1% in the fourth quarter. USS Investment Management Ltd now owns 17,969 shares of the business services provider’s stock worth $1,423,000 after purchasing an additional 3,827 shares during the period. Voloridge Investment Management LLC increased its stake in shares of Stantec by 171.4% during the fourth quarter. Voloridge Investment Management LLC now owns 56,751 shares of the business services provider’s stock valued at $4,452,000 after purchasing an additional 35,838 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its holdings in shares of Stantec by 12.2% during the fourth quarter. Two Sigma Advisers LP now owns 130,967 shares of the business services provider’s stock valued at $10,274,000 after purchasing an additional 14,200 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

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.