Is Most-Watched Stock Tutor Perini Corporation (TPC) Worth Betting on Now?
Tutor Perini Corporation (TPC) is currently a "Strong Buy" according to Zacks Rank, driven by favorable earnings estimate revisions. The construction company's shares have seen a slight dip recently, but its financial outlook suggests potential for outperformance, with projected earnings and revenue growth. Analysts' consensus estimates indicate significant year-over-year improvements in both EPS and sales for the current and next fiscal years.
Tutor Perini Unit Awarded $315 Million US Coast Guard Fuel Pier Contract
Tutor Perini Corporation's subsidiary, Perini Management Services, has secured a $315 million contract from the US Coast Guard for a new fuel pier at Coast Guard Base Kodiak in Alaska. The project, utilizing an accelerated design-build-to-budget method, aims to expand dock capacity for two major cutter berths. Design work commenced in late September, with project completion slated for September 2030, and the contract value will be added to Tutor Perini's Q3 2026 backlog.
Tutor Perini unit wins $315M Coast Guard fuel pier contract
Tutor Perini's subsidiary, Perini Management Services, Inc., secured a $315 million contract from the U.S. Coast Guard to build a new fuel pier at Base Kodiak in Alaska. The project, awarded using an accelerated design-build method, will expand dock capacity for major cutter berths and includes various site improvements. Design work commenced in September, with completion expected by September 2030, and the contract value will be added to Tutor Perini's Q3 2026 backlog.
Tutor Perini unit wins $315M Coast Guard contract in Alaska
Tutor Perini's subsidiary, Perini Management Services, has secured a $315 million contract from the U.S. Coast Guard to construct a fuel pier at Coast Guard Base Kodiak in Alaska. This design-build project will expand dock capacity for two major cutter berths and is scheduled for substantial completion by September 2030. The contract value will be added to the company's backlog in the third quarter of 2026.
Tutor Perini unit awarded $315M U.S. Coast Guard Pier contract
Tutor Perini Corporation's subsidiary, Perini Management Services, has secured a $315 million contract from the U.S. Coast Guard to build a new fuel pier at Base Kodiak in Alaska. The project, which includes expanding dock capacity and various infrastructure improvements, began design work in late September and is expected to be substantially complete by September 2030. This contract adds to the company's Q3 2026 project backlog and positively impacted its share price.
A planned Alaska pier could let up to two Coast Guard ships dock
Tutor Perini Corporation's subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a $315 million contract by the U.S. Coast Guard. The project involves constructing a new fuel pier at USCG Base Kodiak in Alaska, designed to accommodate up to two major cutter ships. Design work has already begun, with substantial completion expected by September 2030.
Zacks Industry Outlook Highlights EMCOR, Dycom Industries, Granite Construction and Tutor Perini
The Zacks Building Products – Heavy Construction industry is experiencing robust growth driven by infrastructure investment, AI-driven data center construction, and public spending on transportation and energy. Despite challenges like labor shortages and margin pressures, companies like EMCOR, Dycom Industries, Granite Construction, and Tutor Perini are well-positioned for growth. The industry's outlook is positive, with strong earnings estimate revisions and specific companies showing significant growth potential.
Tutor Perini Lands Work
Tutor Perini Corp. subsidiaries secured two new contracts worth a total of $88.2 million. One contract for $45.2 million involves bridge reconstruction in Guam, and the other for $43 million is for facility improvements for the U.S. Coast Guard in Astoria, Oregon. These new contracts are expected to boost Tutor Perini's third-quarter backlog, which currently stands at $19.9 billion.
TPC5795434 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Tutor Perini Corporation (TPC) 11.875% bond maturing on April 30, 2029 (TPC5795434). It outlines key bond details such as issuer information, issue and maturity dates, face value, and minimum denomination. The profile also includes an overview of Tutor Perini Corp.'s business segments and a coupon payout schedule, highlighting upcoming interest payments.
Tutor Perini unit wins $43M U.S. Coast Guard contract in Oregon
Tutor Perini Corporation announced that its subsidiary, Perini Management Services, Inc., has been awarded a $43 million contract by the U.S. Coast Guard. This project involves designing and constructing improvements at East Tongue Point in Astoria, Oregon, to support the homeporting of four Fast Response Cutters. The work, which includes new piers, docks, and support facilities, is expected to begin in late September and be substantially completed by May 2029.
Four Coast Guard response boats are set to get new docks in Astoria
Tutor Perini Corporation's subsidiary, Perini Management Services, Inc., has been awarded a $43 million contract by the U.S. Coast Guard. The project involves designing and constructing facilities at East Tongue Point in Astoria, Oregon, to homeport four Fast Response Cutters. This includes a new fixed pier, two floating docks, and a cutter support facility, with design work starting in late September 2026 and substantial completion by May 2029.
Coast Guard Awards Tutor Perini Contract To Rebuild Base Kodiak Fuel Pier
The Coast Guard has awarded a $315 million contract to Tutor Perini Corp. for the design and construction of a new fuel pier and major cutter mooring at Base Kodiak, Alaska. This project aims to enhance shore infrastructure to support Coast Guard operations in Alaska and the Arctic, with completion expected in the fall of 2030. Funding for the work comes from the 2022 Infrastructure Investment and Jobs Act, Fiscal Year 2023 Major Acquisition Systems Infrastructure, and Fiscal Year 2025 Budget Reconciliation.
Perini Management Services, Inc. Awarded $43 Million U.S. Coast Guard Astoria Fast Response Cutter Homeport Phase 2 Project
Perini Management Services, Inc. (PMSI), a subsidiary of Tutor Perini Corporation, has been awarded a $43 million contract by the U.S. Coast Guard for the Astoria Fast Response Cutter Homeport Phase 2 Project in Oregon. The project involves designing and constructing new facilities, including a fixed pier, floating docks, and a support facility, to accommodate four Fast Response Cutters. Design work is set to begin in late September 2026, with completion anticipated in May 2029, and the contract value will be added to Tutor Perini’s backlog in Q3 2026.
Coast Guard Awards $315 Million Kodiak Pier Contract to Support Arctic Fleet Expansion
The U.S. Coast Guard has awarded a $315 million contract to Tutor Perini Corp. for a new fuel pier and major cutter mooring at Base Kodiak, Alaska. This investment prepares the base for an expanded role in U.S. Arctic operations, including homeporting Arctic Security Cutters. The project, expected to be completed in fall 2030, is part of a larger infrastructure buildout to support growing personnel and the Coast Guard's Arctic presence.
Black Construction Awarded $45.2 Million Project to Reconstruct Bridges Along Route 1 in Guam
Tutor Perini Corporation's subsidiary, Black Construction Corporation, has been awarded a $45.2 million project by the Guam Department of Public Works. The project involves reconstructing Laguas Bridge and Asan Culvert on Route 1, aiming to ensure their long-term functionality and safety for local and military use. Work is expected to begin soon and be completed by early 2029, with the contract value added to the company's Q3 2026 backlog.
Zacks.com featured highlights include LifeStance Health, Tutor Perini, News, Everus Construction and HF Sinclair
Amid rising oil prices and inflation, Zacks.com highlights five low-leverage stocks for investors seeking a defensive strategy. The article emphasizes the importance of a low debt-to-equity ratio and strong balance sheets for financial resilience. Featured companies include LifeStance Health, Tutor Perini, News Corporation, Everus Construction Group, and HF Sinclair, all with strong recent earnings and positive Zacks Ranks.
Tutor Perini (TPC) Stock Trades Below Fair Value Despite A Huge Run
Tutor Perini (TPC) stock appears undervalued according to a Discounted Cash Flow (DCF) model and a tailored P/E ratio, despite a significant multi-year price run. The DCF model suggests a 41.1% discount to its estimated intrinsic value of $150 per share, while its P/E of 37.4x is below its fair P/E of 50.2x, even though it's higher than industry averages. The key for investors is whether the company can consistently convert its record $21.1 billion backlog into strong cash flows and earnings to justify this intrinsic value.
Millions of Tutor Perini (NYSE: TPC) shares sold as its chair trims his trust holdings
Tutor Perini's Executive Chairman, Ronald N. Tutor, sold 2.31 million shares of TPC common stock through related trusts on August 31, 2026. These sales, conducted via open-market and broker-arranged block trades, are part of his estate and tax planning as he approaches retirement. Despite the sales, Mr. Tutor expressed high confidence in the company's business and future performance.
Coast Guard Issues $60M to Rebuild St. Petersburg Waterfront
The U.S. Coast Guard has awarded a $60 million contract to Tutor Perini Corp. to rebuild and modernize its waterfront facilities at Sector St. Petersburg. This project aims to replace infrastructure damaged by Hurricane Helene and prepare the base for future Fast Response Cutter operations. The funding comes from federal appropriations, including the One Big Beautiful Bill Act and the American Relief Act of 2025, with completion expected by summer 2028.
$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.
