B. Riley Weighs in on Tutor Perini’s Q2 Earnings (NYSE:TPC)

Tutor Perini Co. (NYSE:TPC) – Analysts at B. Riley reduced their Q2 2025 EPS estimates for Tutor Perini in a research note issued to investors on Thursday, May 8th. B. Riley analyst L. Burke now anticipates that the construction company will post earnings per share of $0.29 for the quarter, down from their previous forecast of $0.32. B. Riley currently has a “Strong-Buy” rating on the stock. B. Riley also issued estimates for Tutor Perini’s Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.54 EPS and FY2026 earnings at $2.87 EPS.

Several other analysts have also commented on the company. UBS Group lifted their price objective on Tutor Perini from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com raised shares of Tutor Perini from a “hold” rating to a “buy” rating in a research report on Thursday.

Tutor Perini Stock Up 9.0 %

Shares of Tutor Perini stock opened at $32.55 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.53. Tutor Perini has a twelve month low of $14.50 and a twelve month high of $34.55. The company has a market cap of $1.72 billion, a price-to-earnings ratio of -12.97 and a beta of 1.62. The company’s 50 day moving average is $23.14 and its 200 day moving average is $24.78.

Tutor Perini (NYSE:TPC) last released its quarterly earnings data on Wednesday, May 7th. The construction company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.06 by $0.47. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tutor Perini had a negative return on equity of 9.56% and a negative net margin of 3.08%. Tutor Perini’s revenue for the quarter was up 18.8% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS.

Institutional Trading of Tutor Perini

Several institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC boosted its stake in shares of Tutor Perini by 298.0% in the third quarter. Barclays PLC now owns 69,875 shares of the construction company’s stock worth $1,898,000 after acquiring an additional 52,319 shares during the period. Franklin Resources Inc. lifted its stake in Tutor Perini by 24.6% in the 3rd quarter. Franklin Resources Inc. now owns 79,907 shares of the construction company’s stock worth $2,130,000 after purchasing an additional 15,788 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Tutor Perini by 611.0% in the third quarter. JPMorgan Chase & Co. now owns 536,384 shares of the construction company’s stock worth $14,568,000 after purchasing an additional 460,945 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Tutor Perini by 67.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 93,202 shares of the construction company’s stock valued at $2,255,000 after buying an additional 37,478 shares during the last quarter. Finally, Hennessy Advisors Inc. increased its stake in Tutor Perini by 6.8% in the 4th quarter. Hennessy Advisors Inc. now owns 682,981 shares of the construction company’s stock worth $16,528,000 after acquiring an additional 43,600 shares during the last quarter. 65.01% of the stock is currently owned by institutional investors.

Tutor Perini Company Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.