Tutor Perini Corporation (TPC)

Over the past six months, Tutor Perini's stock has increased by 76.57%, trading at $78.97 as of early February 2026, with a market cap of $4.17 billion. Key events impacting the stock price include strong third-quarter 2025 results, a record backlog of $21.6 billion, debt reduction and shareholder returns through a share repurchase program and dividends, and increased EPS guidance.

The construction industry can experience seasonality, with certain types of work being more feasible during specific times of the year. Tutor Perini's first-quarter operating cash flow has historically been its lowest of the year due to seasonality, but the company's operating cash flow for the first quarter of 2025 was solid. The company's diverse portfolio and focus on large, long-duration projects may help to smooth out some of the seasonal fluctuations in demand. The record backlog also provides a stable revenue stream for multiple years.

Tutor Perini Corporation is a civil, building, and specialty construction company providing diversified services to private clients and public agencies globally, operating within the Industrials sector. The company's business is structured into three main segments: Civil Group focuses on public works construction; Building Group targets large-scale projects in various markets; and Specialty Contractors Group delivers specialized services including electrical, mechanical, plumbing, HVAC, fire protection, and pneumatically-placed concrete services.

Tutor Perini Corporation's services span across the United States, Guam, and the Western Pacific. The company is headquartered in Sylmar, California, and maintains various other principal office locations throughout the U.S. and certain U.S. territories. They have a significant presence in the New York City metropolitan area.

Tutor Perini has built its reputation on a foundation of intelligence, intensity, and integrity, focusing on large and complex projects. The company is known for delivering multi-million and billion-dollar projects on time and within budget and has been consistently ranked by Engineering News-Record (ENR). The company's financial resurgence, driven by a record project backlog and a strategic focus on higher-margin projects, has likely positively impacted its brand reputation. The initiation of a quarterly cash dividend and a share repurchase program in November 2025 further demonstrates management's confidence and commitment to shareholder value.

Tutor Perini Corporation's ownership structure is a mix of institutional, retail, and individual investors. Institutional investors held approximately 65.01% of the company's shares, while insiders held about 17.3%. Ronald N. Tutor, the Executive Chairman, is the largest individual shareholder. Major institutional owners include BlackRock, Inc., and Vanguard Group Inc.