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BlackRock Inc. bought a new stake in Stantec Inc. (NYSE: STN) (TSE: STN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 384,476 shares of the business services provider's stock, valued at approximately $26,494,000. BlackRock Inc. owned about 0.34% of Stantec as of
Stantec (NYSE: STN - Get Free Report) and China Communications Construction (OTCMKTS:CCCGY - Get Free Report) are both industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, earnings, profitability, analyst recommendations, risk, institutional ownership and valuation. Insider and Institutional Ownership 63.9% of Stantec shares
Stantec is rated Buy, supported by a record C$9.2B backlog and strong organic/inorganic growth prospects. STN trades at 16.44x forward P/E and 10.78x EV/EBITDA, below sector medians and historical averages, offering valuation upside. Ramp-up of delayed North American projects and Page's transition to organic growth should accelerate revenue and earnings in H2 2026 and 2027.
Bank of Nova Scotia acquired a new stake in shares of Stantec Inc. (NYSE: STN) (TSE: STN) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 132,432 shares of the business services provider's stock, valued at approximately $9,133,000.
EDMONTON, Alberta, Aug. 18, 2026 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec Inc. (“Stantec”), a global leader in sustainable design and engineering, announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) respecting an amendment of its previously approved Normal Course Issuer Bid (“NCIB”) to increase the maximum number of common shares Stantec may repurchase for cancellation under the NCIB from 2,281,339 (or 2% of Stantec's issued and outstanding shares as of March 2, 2026), to 5,703,349 common shares (or 5% of Stantec's shares as of March 2, 2026). As at August 17, 2026, Stantec had repurchased and cancelled a total of 1,667,292 common shares at a weighted average of $103.43 under the current normal course issuer bid, representing 1.46% of the issued and outstanding common shares as at March 10, 2026, when Stantec filed its initial application with the TSX.
Stantec NYSE: STN reported higher second-quarter revenue, earnings and margins, while raising its full-year adjusted EBITDA margin outlook as management cited resilient demand across its regional and business-line portfolio.
Stantec Inc. (STN:CA) Q2 2026 Earnings Call Transcript
Stantec (STN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.98 per share a year ago.