$3.4 Billion Rail Cash Buffer Eases Tutor Perini Funding Concerns
California's high-speed rail project has a $3.375 billion cash buffer, largely from the Greenhouse Gas Reduction Fund, easing near-term funding concerns for contractors like Tutor Perini Corporation (NYSE: TPC). Tutor Perini's joint venture manages a significant segment of the rail project, and the new funding figures coincide with strong Q2 2026 financial results for the company, including a 19% revenue increase and a 54% rise in construction operating profit. While the cash buffer helps with immediate payments, the article notes that long-term funding shortfalls for the project remain unresolved, and investors should monitor upcoming financial reviews and potential risks.
Tutor Perini wins $60M Coast Guard contract in Florida
Tutor Perini Corporation has been awarded a $60 million contract by the U.S. Coast Guard for construction work in St. Petersburg, Florida. The project, awarded on August 13, 2026, involves accelerated design-build facilities for Fast Response Cutter and Waterways Commerce Cutter, waterfront maintenance, and hurricane storm damage repairs. Tutor Perini was selected for providing the highest technically rated offer at a fair price.
37,184 Shares in Tutor Perini Corporation $TPC Purchased by GSA Capital Partners LLP
GSA Capital Partners LLP recently acquired 37,184 shares of Tutor Perini Corporation (NYSE:TPC) worth approximately $3.1 million, making them a new institutional investor in the construction company. This purchase is part of broader institutional ownership, with 65.01% of Tutor Perini's stock held by such entities. The company has shown strong financial performance, reporting EPS of $1.74 against an estimated $0.67, with revenues up 19.2% year-over-year.
Tutor Perini Corporation Announces Retirement of William E. Jensen from Executive Vice President - Civil West, Effective September 4, 2026
Tutor Perini Corporation announced that William E. Jensen, Executive Vice President - Civil West, will retire from the company effective September 4, 2026. Jensen notified the company of his decision on August 11, 2026. This announcement includes recent news about the company, including financial results and other executive changes.
Tutor Perini Corporation $TPC Shares Bought by Bank of America Corp DE
Bank of America Corp DE increased its stake in Tutor Perini Corporation (NYSE:TPC) by 74.2% in the first quarter, acquiring an additional 204,878 shares to hold 481,180 shares valued at approximately $37.1 million. The construction company reported strong quarterly earnings of $1.74 per share on $1.64 billion revenue and raised its quarterly dividend to $0.09. Despite insider sales totaling nearly $20 million, analysts have mixed ratings, with an average "Hold" and a price target of $105.
Tutor Perini Corporation (TPC) executive vice president to retire Sept. 4, 2026
Tutor Perini Corporation announced that William E. Jensen, Executive Vice President - Civil West, will retire effective September 4, 2026. Mr. Jensen notified the company of his decision on August 11, 2026. The company expressed its appreciation for his service.
Assenagon Asset Management S.A. Has $2.51 Million Stock Holdings in Tutor Perini Corporation $TPC
Assenagon Asset Management S.A. significantly increased its stake in Tutor Perini Corporation, now holding 30,211 shares valued at $2.51 million. This comes as Tutor Perini reported strong quarterly earnings, beating estimates with $1.74 EPS and 19.2% revenue growth, and raised its dividend. Despite mixed analyst ratings, the company is targeting a fiscal 2026 EPS of $5.15–$5.45.
Perini Management Services, Inc. Awarded $42 Million Construction Completion Project at Tabuk Air Base, Saudi Arabia
Perini Management Services, Inc. (PMSI), a subsidiary of Tutor Perini Corporation, has been awarded a $42 million contract by the U.S. Army Corps of Engineers. This project involves completing construction facilities at Tabuk Air Base in Saudi Arabia, including a helicopter maintenance hangar, warehouse, and Ground Support Equipment facility. Design work is set to begin in September 2026, with completion expected by September 2028.
Perini Management Services, Inc. Awarded $42 Million Construction Completion Project at Tabuk Air Base, Saudi Arabia
Perini Management Services, Inc. (PMSI), a subsidiary of Tutor Perini Corporation, has been awarded a $42 million contract by the U.S. Army Corps of Engineers to complete facilities at Tabuk Air Base in Saudi Arabia. The project involves finishing a helicopter maintenance hangar, a warehouse, and a Ground Support Equipment facility to support the Royal Saudi Land Forces Aviation Corps. Design work is set to begin in September 2026, with substantial completion expected by September 2028.
Tutor Perini unit wins $42M Saudi Arabia air base contract
Tutor Perini Corporation announced that its subsidiary, Perini Management Services, has secured a $42 million contract from the U.S. Army Corps of Engineers. This contract is for the completion of construction facilities at Tabuk Air Base in Saudi Arabia for the Royal Saudi Land Forces Aviation Corps. The project includes a helicopter maintenance hangar, warehouse, and Ground Support Equipment facility, with design work starting in September 2026 and completion expected by September 2028.
Tutor Perini Corporation (TPC) Stock Forecasts
Argus has issued a "HOLD" investment rating for Tutor Perini Corp (TPC), raising its target price to $102.00 from its current price of $96.14. The report provides subratings for various aspects of the company, including a "High" for Industry and Value, and "Low" for Management, Safety, and Growth, with Financial Strength rated "Medium."
Tutor Perini (NYSE:TPC) Director Sidney Feltenstein Sells 184,209 Shares
Tutor Perini Director Sidney Feltenstein sold 184,209 shares of the company's stock for approximately $17.9 million, significantly reducing his stake to 6,700 shares. This transaction follows strong quarterly earnings where Tutor Perini beat EPS estimates and reported increased revenue, leading the company to raise its quarterly dividend and issue positive fiscal 2026 EPS guidance. Despite an average "Hold" rating from analysts, the stock has shown positive movement and institutional investors have adjusted their positions.
Tutor Perini Corp (TPC) director Sidney Feltenstein sells 184,209 shares in August 7 trades
Tutor Perini Corp (TPC) director Sidney J. Feltenstein sold a total of 184,209 shares of common stock on August 7, 2026, across four separate transactions. The sales occurred at weighted average prices ranging from $95.66 to $98.18 per share. After these transactions, Feltenstein holds 6,700 shares of common stock directly.
Tutor Perini Corp (TPC) Stock News Today
Tutor Perini Corp (TPC) stock news covers recent developments including its Q2 2026 earnings report, where project execution led to a 54% increase in operating income. The article provides current stock performance data, showing a 3.55% rise to $99.110 per share, and directs users to further financial analysis and company information on TradingKey.
Company (NYSE: TPC) files to sell 52.6M common shares via RBC Capital
An affiliate of Tutor Perini Corp (NYSE: TPC) has filed a Form 144 with the SEC, indicating a potential sale of up to 52.6 million common shares through RBC Capital Markets LLC. The aggregate market value of these shares is stated as $17.88 million, with a planned sale date of August 7, 2026. The shares were acquired through a combination of board compensation grants and an open market purchase between 2020 and 2026.
Tutor Perini rides megaprojects to record revenue, higher profits in Q2
Tutor Perini achieved record revenue and higher profits in Q2 by focusing on large, complex megaprojects, despite some firms avoiding such ventures due to risk. The contractor's strategy has resulted in a strong backlog of approximately $19.86 billion, including significant projects like the Hudson Tunnel and California's high-speed rail, allowing them to secure large contracts independently without joint venture partners. With $424 million in cash on hand, Tutor Perini plans to selectively pursue highly profitable projects from an estimated $200 billion market opportunity.
Tutor Perini Corporation Q2 2026 Earnings Call Summary
Tutor Perini Corporation reported record revenue and operating income in Q2 2026, driven by nine major mega-projects and improved operating margins across all segments. The company raised its adjusted EPS guidance for 2026 to $5.15-$5.45, reflecting strong project performance and a tripled project opportunity pipeline. Tutor Perini also increased its quarterly dividend by 50% and successfully refinanced senior notes, reducing annual interest expenses.
Tutor Perini Corp stock hits all-time high at 100.12 USD
Tutor Perini Corp (TPC) stock has reached an all-time high of $100.12 USD, reflecting a 79.27% increase over the past year due to strong investor confidence and robust revenue growth of 25.67%. The company reported impressive second-quarter 2026 earnings, surpassing expectations with adjusted earnings of $1.74 per share and revenue of $1.6 billion, leading to raised full-year guidance and an increased quarterly dividend. Despite this strong performance, InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value.
BlackRock (TPC) discloses 6.7M Tutor Perini shares in updated 13G
BlackRock, Inc. has filed an Amendment No. 8 to a Schedule 13G, revealing its beneficial ownership of 6,711,093 shares of Tutor Perini Corp. common stock, which represents a 12.8% stake in the company. The filing indicates BlackRock has sole voting power over 6,637,284 shares and sole dispositive power over all 6,711,093 shares. Additionally, the iShares Core S&P Small-Cap ETF, an affiliate, holds more than five percent of Tutor Perini's total outstanding common stock.
Tutor Perini Corp stock hits all-time high at 100.12 USD
Tutor Perini Corp (TPC) stock has reached an all-time high of $100.12, reflecting a 79.27% increase over the past year. This growth is supported by strong Q2 2026 earnings, robust revenue growth of 25.67%, and a market capitalization of $5.19 billion. Despite being considered overvalued by InvestingPro, the company has raised its full-year EPS guidance and increased dividends due to record revenue levels and improved margins.
Tutor Perini (NYSE:TPC) Beats Q2 Estimates on Record Revenue, Raises Full-Year Guidance
Tutor Perini (NYSE:TPC) exceeded Q2 estimates with record revenue of $1.637 billion and adjusted EPS of $1.74, driven by increased project work. The company raised its full-year 2026 adjusted EPS guidance to $5.15-$5.45 and announced a 50% increase in its quarterly dividend, signaling strong confidence in future performance supported by a $19.9 billion backlog. Shares rose over 4% in after-market trading following the positive report.
Tutor Perini (NYSE: TPC) lifts 2026 EPS guidance and hikes dividend 50%
Tutor Perini (NYSE: TPC) reported record Q2 2026 results, with revenue up 19% year-over-year and income from construction operations increasing by 54%. The company raised its 2026 Adjusted EPS guidance to $5.15–$5.45 and increased its quarterly dividend by 50% to $0.09 per share. Tutor Perini also highlighted a record operating cash flow for the first half of 2026 and a strong backlog of $19.9 billion.
Tutor Perini Q2 2026 earnings: Project execution lifts operating income 54%
Tutor Perini (NYSE: TPC) reported strong Q2 2026 results with revenue up 19% to $1.637 billion and diluted EPS increasing to $1.23, largely driven by increased activity on new large projects and a significant reduction in share-based compensation expenses. The company saw operating income rise by 54% and raised its full-year adjusted EPS guidance, while also increasing its quarterly dividend. Despite a decline in gross margin, lower general and administrative expenses contributed to improved profitability, and the company maintains a robust backlog and future project pipeline.
Tutor Perini unit wins $54.7M Wisconsin highway contract
Tutor Perini's subsidiary, Lunda Construction, has secured a $54.7 million contract for bridge construction and improvements on the I-41/WIS 441 System Interchange in Outagamie County, Wisconsin. The project involves building two flyover structures, along with retaining walls, widening, and deck replacement work, with construction scheduled from 2026 through 2029. This contract will be added to Tutor Perini’s backlog in the third quarter of 2026.
Tutor Perini unit wins $54.7M Wisconsin highway contract By Investing.com
Tutor Perini Corporation's subsidiary, Lunda Construction, has secured a $54.7 million contract for bridge construction and improvements at the I-41/WIS 441 System Interchange in Outagamie County, Wisconsin. The project involves building two flyover structures and additional related work, with construction scheduled from 2026 to 2029. This contract value will be added to Tutor Perini’s backlog in the third quarter of 2026.
Lunda Construction Awarded $54.7 Million Bridge Package on I-41/WIS 441 System Interchange
Tutor Perini Corporation announced that its subsidiary, Lunda Construction, has been awarded a $54.7 million contract for the I-41/WIS 441 System Interchange project in Wisconsin. Lunda's work involves constructing two signature flyover bridges, interchange retaining walls, and widening/deck replacement of WIS 441, improving traffic flow and safety. The project, running from 2026 to 2029, reinforces Lunda's expertise in complex infrastructure and will be added to the company's backlog in Q3 2026.
TPC|Tutor Perini Corp|Price:83.640|Chg%:+0.360
TradingKey provides a comprehensive stock analysis of Tutor Perini Corp (TPC), highlighting its relatively healthy fundamentals, high growth potential, and fair valuation. Despite an expected medium-term downward trend in stock price, the company shows strong fundamentals and is suitable for range-bound swing trading. The analysis includes a detailed breakdown of its Stock Score, financial health, valuation, earnings forecasts, price momentum, institutional confidence, and risk assessment, comparing it with industry peers.
Investors brace for Tutor Perini earnings after legal blow By Investing.com
Tutor Perini is set to report its second-quarter earnings, with analysts expecting significant growth in EPS and revenue despite a recent $42.4 million legal judgment. Investors will focus on how the company manages operational momentum, project execution following the legal setback, and its ability to convert a record backlog into revenue. The report will be crucial in determining if the company's operational turnaround can overcome execution risks and validate its recovery narrative.
Tutor Perini Plans Second-Quarter Results After Aug. 5 Close
Tutor Perini Corporation announced it will host a conference call on Wednesday, August 5, 2026, at 2:00 PM Pacific Time to discuss its second-quarter 2026 financial results. The company plans to release its earnings announcement after the market close on the same day. Investors can access the call via phone or live webcast on Tutor Perini's website.
Tutor Perini Announces Conference Call to Discuss Second Quarter 2026 Results
Tutor Perini Corporation announced it will host a conference call on Wednesday, August 5, 2026, at 2:00 PM Pacific Time to discuss its second-quarter 2026 financial results. The company plans to release its earnings statement after market close on the same day. Investors and interested parties can access the call via phone or live webcast on Tutor Perini's website.
Tutor Perini Corp (TPC) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Tutor Perini Corp (TPC), focusing on its support and resistance levels, various technical indicators, and moving averages. TPC's current price momentum score is 4.05, placing it 22nd in its industry, with the stock trading between a resistance level of 91.73 and a support level of 76.58. The analysis includes a breakdown of indicators like MACD, RSI, and KDJ, alongside moving average signals, to offer insight into the stock's potential direction, concluding with a neutral overall signal based on these factors.
TPC|Tutor Perini Corp|Price:85.730|Chg%:-1.040
This article provides a detailed company profile for Tutor Perini Corp (TPC), outlining its business segments which include civil, building, and specialty construction services. It lists key financial data, company information, and an extensive list of company executives with their shareholdings. The report also addresses frequently asked questions regarding top shareholders, institutional holdings, and the primary revenue source for the company.
Tutor Perini Corp (TPC) Income Statement
This article provides the quarterly and annual income statements for Tutor Perini Corp (TPC), offering detailed financial data such as total revenue, cost of revenue, operating expenses, operating profit, net income, and earnings per share. It also includes frequently asked questions to help users understand how to interpret the financial information presented on the TradingKey platform. The data spans from FY2012Q1 to FY2026Q1, with specific figures for fiscal year 2025 and the most recent quarter.
Tutor Perini Corp (TPC) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides details on the dividend and stock split history for Tutor Perini Corp (TPC). It highlights that the company has distributed $0.00 in dividends over the past five years. The only upcoming dividend event listed is an interim cash dividend of USD 0.06 with an ex-dividend date of May 21, 2026, and a payment date of June 04, 2026.
Tutor Perini Corp (TPC) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a detailed breakdown of Tutor Perini Corp's (TPC) revenue across different business segments and geographical regions. As of April 6, the company's revenue is primarily driven by mass transit projects, followed by healthcare and detention facilities. The vast majority of its revenue, over 91%, originates from the United States.
Tutor Perini Corp | Price: 86.770 | Chg%: -0.875
Tutor Perini Corp (TPC) is trading at $86.770, down 0.875% as of July 24, 2026. The company shows healthy fundamentals and high growth potential, with its valuation considered fairly valued within the Construction & Engineering industry. Institutional ownership is notably high, and analysts currently rate the stock as "Buy" with a target price of $114.20.
TPC: Tutor Perini Corp Latest Stock Price, Analysis, News and Trading Ideas
This page provides real-time stock information for Tutor Perini Corp (TPC), including its latest stock price, daily performance, market capitalization, volume, and key fundamental metrics like P/E ratio and EPS. It also features recent news articles related to TPC, sentiment indicators, and trending discussions on other stocks.
Fisk Electric to Install Systems at New 552-Room Campus
Fisk Electric, a subsidiary of Tutor Perini, has secured a $143 million electrical contract for a new pediatric campus in Dallas. The project includes installing comprehensive electrical systems for a 4.9 million square-foot facility featuring 552 inpatient rooms across two 12-story towers and one 8-story tower, along with other amenities. Substantial completion of the electrical construction is expected in the fall of 2030, with the contract value being added to the company's Q2 2026 backlog.
Tutor Perini unit wins $29.5M Florida office project
Tutor Perini's subsidiary Fisk Electric Company has secured a $29.5 million electrical contract for a new six-story commercial office building in Palm Beach, Florida. The project includes electrical system installation, a four-level parking structure with 150 EV charging stations, and a solar photovoltaic system. Work has commenced and is expected to be substantially complete in 2029, with the contract value added to the company's Q2 2026 backlog.
Tutor Perini unit wins $26.9M Houston hospital contract
Tutor Perini Corporation's subsidiary, Fisk Electric Company, has secured a $26.9 million contract for electrical renovation at a Houston healthcare facility. The project involves modernizing electrical distribution systems, including switchgear replacement and bus riser installation, in an active hospital environment. Substantial completion is expected by April 2027, and the contract value will be added to Tutor Perini's Q2 2026 backlog.
Tutor Perini (TPC) Surges 7.8%: Is This an Indication of Further Gains?
Tutor Perini (TPC) saw its shares surge by 7.8% following the announcement that it will join the S&P SmallCap 600 index. This rally was also supported by the company's strong execution, robust project backlog, and a recent contract award. However, the article notes that despite positive revenue and earnings expectations, the consensus EPS estimate for the quarter has remained unchanged, suggesting investors should monitor earnings estimate revisions for sustained strength.
Oklahoma’s Choctaw Casino & Resort undergoes $140M renovation, expansion
The Choctaw Nation of Oklahoma has selected Tutor Perini Building Corp. for a $140 million renovation and expansion of the Choctaw Casino & Resort in Pocola, Oklahoma. The project will include interior and exterior upgrades to the existing hotel and casino, all food and gaming venues, and the construction of a new seven-story, 130-room hotel tower. The new tower will feature a spa, fitness center, and pool complex, with construction expected to begin in the third quarter of 2026.
A Houston healthcare facility is undergoing an approx. $26.9M power upgrade
Tutor Perini Corporation's subsidiary, Fisk Electric Company, has been awarded a $26.9 million contract to renovate the electrical distribution systems of a Houston healthcare facility. The project, which is already underway and expected to be completed by April 2027, will modernize the facility's power operations, including life safety and emergency systems. This work is being performed in an active healthcare environment, requiring careful coordination and adherence to safety protocols.
Krystal Biotech Set to Join S&P MidCap 400; Tutor Perini and V2X to Join S&P SmallCap 600
Krystal Biotech (KRYS) is set to join the S&P MidCap 400, replacing Taylor Morrison Home Corp. (TMHC) on July 24, 2026, due to Berkshire Hathaway's acquisition of Taylor Morrison. Tutor Perini Corp. (TPC) will take Krystal Biotech's place in the S&P SmallCap 600. Additionally, V2X Inc. (VVX) will replace Avanos Medical Inc. (AVNS) in the S&P SmallCap 600 on July 27, 2026, following American Industrial Partners' acquisition of Avanos Medical.
Tutor Perini (TPC) Joins S&P 600 Index on July 24
Tutor Perini Corp (TPC) is set to join the S&P 600 Index on July 24, replacing Krystal Biotech, a move reflecting its growth and increasing relevance in the construction sector. While inclusion in the index may boost investor interest, the company's high P/E ratio of 54.79 (compared to a five-year median of 9.25) and recent insider selling activity suggest potential overvaluation and a cautious outlook from insiders. Investors are advised to consider these factors alongside the company's solid GF Score and financial strength.
Krystal Biotech Set to Join S&P MidCap 400; Tutor Perini and V2X to Join S&P SmallCap 600
Krystal Biotech (KRYS) will replace Taylor Morrison Home Corp. (TMHC) in the S&P MidCap 400, and Tutor Perini Corp. (TPC) will replace Krystal Biotech in the S&P SmallCap 600, effective July 24, 2026. Separately, V2X Inc. (VVX) will replace Avanos Medical Inc. (AVNS) in the S&P SmallCap 600 effective July 27, 2026. These changes are due to acquisitions of Taylor Morrison Home by Berkshire Hathaway and Avanos Medical by American Industrial Partners.
Tutor Perini bags $140m casino renovation
Tutor Perini Building Corp, a subsidiary of Tutor Perini, has secured a $140 million contract for the renovation and expansion of the Choctaw Casino & Resort – Pocola in Oklahoma. The project involves extensive interior and exterior renovations, as well as the construction of a new seven-story, 130-room hotel tower with various amenities. Construction is set to begin in the third quarter of 2026, with the contract value being added to Tutor Perini's backlog as project milestones are met.
Tutor Perini Wins $140M Choctaw Casino Expansion Project in Oklahoma
Tutor Perini Building Corp. has been awarded a $140 million contract for the renovation and expansion of the Choctaw Casino & Resort in Pocola, Oklahoma. The project includes extensive upgrades to the existing hotel, casino, and entertainment areas, along with the construction of a new seven-story hotel tower with 130 guest rooms, a spa, fitness center, and pool complex. Preconstruction services began in 2025, and field construction is set to start in the third quarter of 2026, with the contract value progressively added to Tutor Perini Corporation's backlog.
Tutor Perini building unit wins $140M Oklahoma casino contract
Tutor Perini Building Corp. secured a $140 million contract from the Choctaw Nation of Oklahoma to renovate and expand the Choctaw Casino & Resort in Pocola. The project, which includes a new 130-room hotel tower, builds on the subsidiary's past success with casino construction. Despite this win, the firm has faced ongoing litigation from other hotel projects, including a recent $42.4 million judgment in Philadelphia.
Tutor Perini Wins $140 Million Choctaw Casino Expansion Project in Oklahoma
Tutor Perini Corporation's subsidiary, Tutor Perini Building Corp. (TPBC), has been selected by the Choctaw Nation of Oklahoma for an approximately $140 million renovation and expansion of Choctaw Casino & Resort – Pocola. This project will modernize and expand the resort through renovations and new construction, including a new seven-story hotel tower. Construction is expected to begin in the third quarter of 2026, strengthening Tutor Perini's backlog in the hospitality and gaming sector.
