Tutor Perini is a global construction company that performs civil, building, and specialty construction for private clients and public agencies. Its projects range from highways, bridges, and tunnels to resorts, casinos, and hospitals, supported by in-house civil, building, and specialty groups offering electrical, mechanical, plumbing, HVAC, fire protection, and pneumatically-placed concrete. Projects are delivered through a mix of in-house capabilities and subcontractor relationships to manage schedule, cost, and risk, with a focus on completing work on time and within budget. The company emphasizes a long track record, strong financial position, and experience handling complex, high-profile infrastructure and building programs to win and deliver large projects worldwide.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1894
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Health Insurance
401(k) Retirement Plan
Flexible Work Hours
California's proposed 5% one-time wealth tax on billionaires could redirect up to $100 billion into public spending, creating opportunities for companies with infrastructure, healthcare, and education exposure in the state. Nextpower, a Fremont-based solar hardware provider valued at approximately $12.2 billion, stands to benefit from California's decarbonisation push. The company generates around $3.6 billion from solar tracker systems and software, with strategic investments in US supply chain localisation providing competitive advantages. Tutor Perini, a Sylmar-based contractor with a $4.5 billion market value, builds roads, rail links, water systems, schools, and hospitals. The company generates $3.3 billion from civil works, $2.1 billion from building projects, and $970 million from specialty contracting services for US public agencies. Analysts identified 35 additional companies potentially exposed to California's infrastructure and public services spending.
TPC stock flat in post-market after massive +416% regular-hours surge. Tutor Perini is essentially flat in post-market trading, up just 0.01%, after a historic regular-hours session saw the stock surge over 416% from $16.70 to $86.23. Justin Hale Tutor Perini Corporation (NYSE: TPC) is seeing virtually no movement in post-market trading, with the stock up just 0.01% to $86.23 as of the latest print. The session volume of 696 shares reflects the typical thin after-hours activity. The stock's actual story today played out during regular market hours, when TPC surged approximately 416% from its previous close of $16.70 to above $86. The dramatic move pushed Tutor Perini's market capitalization to approximately $4.55 billion. What drove the massive regular-hours move. No specific news item or SEC filing in the available sources clearly explains today's historic surge. The discrepancy between the stock's fundamental data and its prior trading range suggests one or more of the following may be at play: * A significant contract announcement not captured in recent headlines * Short covering following an earlier sharp decline * A potential takeover bid or strategic transaction * An error or data anomaly in pricing feeds Recent Zacks Investment Research coverage has highlighted Tutor Perini's $16 billion mega-project portfolio, including a $4.6 billion Indo-Pacific pipeline opportunity, as potential growth drivers. A Seeking Alpha article from August noted that Q2 2026 results strengthened the bull case for the construction company. The stock's previous close of $16.70 had positioned TPC well below its 52-week range expectations, with analyst price targets averaging around $36-$91 based on historical commentary. Tutor Perini at a glance. Tutor Perini is a diversified construction company operating three segments: * Civil: Public works, highways, bridges, tunnels, and water management projects * Building: Hospitality, healthcare, transportation, and government facilities * Specialty Contractors: Drilling, foundation, and excavation services The company employs approximately 7,500 workers and serves both private and public sector clients globally. Key data points. * Current price: $86.23 * Previous close: $16.70 * Day change: +416.29% (regular hours) * Post-market change: +0.01% * Market cap: $4.55 billion * Avg. daily volume: 604,635 shares * Short interest: 1.8 million shares (2.97 days to cover) Looking ahead. Traders should monitor for potential 8-K filings or news releases that could explain the extraordinary regular-hours move. The post-market's flat performance suggests the initial catalyst, whatever it was, has already been priced in during standard trading hours. Thin post-market volume means the 696 shares traded represent minimal directional signal for tomorrow's session.
Tutor Perini's subsidiary Perini Management Services has secured a $69.5 million contract to rehabilitate water and wastewater treatment systems at Death Valley National Park. The project includes upgrades to potable water wells, a reverse osmosis facility, chlorination systems, and replacement of sewer infrastructure. Work is scheduled to begin in autumn 2026, with substantial completion targeted for early 2029. The contract will be added to Tutor Perini's backlog in the third quarter of 2026. The project expands Tutor Perini's federal work beyond transit and defence into water infrastructure for national parks. The company recently reported quarterly sales of $1.64 billion and has increased its dividend to $0.09 whilst conducting share buybacks.
Tutor Perini reported second-quarter results for 2026 that exceeded analyst expectations. The general contracting company posted revenue of $1.64 billion, up 19.2% year on year and beating estimates of $1.57 billion by 4.4%. Non-GAAP earnings per share came in at $1.74, surpassing the consensus estimate of $1.26 by 37.6%. Operating margin improved to 7.2% from 5.6% in the same quarter last year. Management raised full-year adjusted EPS guidance to $5.30 at the midpoint, a 3.9% increase. However, the company's backlog declined 5.9% year on year to $19.86 billion at quarter end. Analysts expect revenue growth of 11.7% over the next 12 months, representing a deceleration from recent performance but still indicating positive momentum.
Tutor Perini (NYSE:TPC) posts quarterly earnings results, beats expectations by $1.07 EPS. August 5, 2026 Key points. * Tutor Perini beat quarterly earnings expectations, reporting $1.74 in EPS versus the $0.67 consensus estimate. Revenue reached $1.64 billion, also above analyst expectations of $1.57 billion. * The stock fell 1.6% to $84.38 after the results, despite the earnings beat. Tutor Perini has a $4.44 billion market capitalization and trades near the middle of its $46.51-$100.00 52-week range. * Analyst sentiment remains mixed, with the stock carrying a consensus rating of "Hold" and an average price target of $86.50. Institutional investors own approximately 65% of the company, while an insider recently sold 17,500 shares. * Five stocks we like better than Tutor Perini. Tutor Perini (NYSE:TPC - Get Free Report) issued its quarterly earnings results on Wednesday. The construction company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $0.67 by $1.07, FiscalAI reports. Tutor Perini had a return on equity of 19.92% and a net margin of 1.37%.The company had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.57 billion. Tutor Perini trading down 1.6%. NYSE TPC traded down $1.33 during trading hours on Wednesday, hitting $84.38. 651,903 shares of the company's stock were exchanged, compared to its average volume of 651,323. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 57.40 and a beta of 2.05. The stock has a 50-day simple moving average of $78.34 and a 200 day simple moving average of $79.05. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. Tutor Perini has a 1-year low of $46.51 and a 1-year high of $100.00. Insider transactions at Tutor Perini. In other Tutor Perini news, Director Robert C. Lieber sold 17,500 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $75.36, for a total transaction of $1,318,800.00. Following the transaction, the director directly owned 149,410 shares in the company, valued at approximately $11,259,537.60. This represents a 10.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 15.40% of the company's stock. Institutional inflows and outflows. Several institutional investors and hedge funds have recently bought and sold shares of TPC. Gendell Jeffrey L grew its holdings in Tutor Perini by 95.0% in the fourth quarter. Gendell Jeffrey L now owns 889,915 shares of the construction company's stock worth $59,642,000 after purchasing an additional 433,559 shares during the period. Millennium Management LLC boosted its position in shares of Tutor Perini by 165.2% during the 1st quarter. Millennium Management LLC now owns 383,530 shares of the construction company's stock worth $8,890,000 after purchasing an additional 238,933 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of Tutor Perini by 397.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 292,077 shares of the construction company's stock valued at $13,663,000 after buying an additional 233,335 shares during the period. Nearwater Capital Markets Ltd bought a new stake in Tutor Perini in the 4th quarter valued at about $15,080,000. Finally, Marshall Wace LLP raised its stake in Tutor Perini by 243.1% during the 3rd quarter. Marshall Wace LLP now owns 287,025 shares of the construction company's stock worth $18,826,000 after buying an additional 203,378 shares during the period. 65.01% of the stock is owned by institutional investors. Wall Street analyst weigh in. Several brokerages recently commented on TPC. Wall Street Zen cut Tutor Perini from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 9th. Zacks Research lowered shares of Tutor Perini from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Tutor Perini in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $86.50. Discover more Stock Screener Tool Tutor Perini company profile. Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments - Civil, Building and Specialty Contractors - serving a broad range of infrastructure and vertical construction needs. In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Tutor Perini, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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