Key Points
- CEO Gary Smalley bought 10,000 shares at an average of $73.24 on March 4 for $732,400, increasing his direct stake to 91,479 shares (a 12.27% rise), according to an SEC filing.
- Tutor Perini beat quarterly estimates, reporting $1.07 EPS vs. $0.92 expected and $1.51B revenue vs. $1.35B expected (revenue up 41.2% YoY), and set FY2026 guidance of $4.90–$5.30 EPS.
- Shares trade near $73 with a market cap of about $3.86B and a 52‑week range of $18.33–$89.51; analyst coverage is mixed with an average rating of "Hold" and a consensus target of $86.50.
Tutor Perini Corporation (NYSE:TPC - Get Free Report) CEO Gary Smalley acquired 10,000 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The shares were bought at an average cost of $73.24 per share, for a total transaction of $732,400.00. Following the acquisition, the chief executive officer directly owned 91,479 shares in the company, valued at $6,699,921.96. This represents a 12.27% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Tutor Perini Price Performance
TPC stock traded up $1.95 during mid-day trading on Friday, reaching $73.07. 173,380 shares of the company traded hands, compared to its average volume of 647,615. The company has a fifty day moving average price of $77.17 and a 200-day moving average price of $68.70. Tutor Perini Corporation has a 52-week low of $18.33 and a 52-week high of $89.51. The company has a market capitalization of $3.86 billion, a P/E ratio of 48.07 and a beta of 2.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.27 and a quick ratio of 1.30.
Tutor Perini (NYSE:TPC - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.15. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.35 billion. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The company's revenue for the quarter was up 41.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.49) earnings per share. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.
Tutor Perini Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 10th. Tutor Perini's dividend payout ratio (DPR) is presently 15.79%.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on TPC. B. Riley Financial reiterated a "buy" rating on shares of Tutor Perini in a research report on Thursday, November 6th. UBS Group boosted their target price on Tutor Perini from $86.00 to $98.00 and gave the stock a "buy" rating in a research report on Monday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Tutor Perini in a report on Wednesday, January 21st. Finally, Wall Street Zen downgraded Tutor Perini from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 22nd. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $86.50.
Get Our Latest Research Report on Tutor Perini
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Quarry LP lifted its stake in Tutor Perini by 74.7% during the third quarter. Quarry LP now owns 428 shares of the construction company's stock worth $28,000 after purchasing an additional 183 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Tutor Perini by 446.3% during the 4th quarter. Federated Hermes Inc. now owns 437 shares of the construction company's stock valued at $29,000 after purchasing an additional 357 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Tutor Perini by 968.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 470 shares of the construction company's stock valued at $31,000 after buying an additional 426 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Tutor Perini by 54.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 536 shares of the construction company's stock valued at $36,000 after buying an additional 188 shares in the last quarter. Finally, Allworth Financial LP lifted its position in Tutor Perini by 71.4% in the 4th quarter. Allworth Financial LP now owns 605 shares of the construction company's stock worth $41,000 after buying an additional 252 shares during the last quarter. Institutional investors own 65.01% of the company's stock.
Tutor Perini Company Profile
(
Get Free Report)
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.
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