Bank of America Corp DE acquired a 1.34% stake in Stantec Inc. during the second quarter. The investment involved 1.51 million shares valued at $104.08 million, according to a September 19, 2026, filing. This purchase increases total institutional ownership of Stantec to 63.86%.
Stantec recently reported quarterly earnings of $1.16 per share, narrowly exceeding analyst estimates. The company generated $1.25 billion in revenue during the same period. Management affirmed full-year 2026 EPS guidance between $4.37 and $4.49.
Analysts currently maintain a Moderate Buy consensus on the stock. The rating consists of five buy recommendations and two hold ratings.