Tutor Perini Approves Key Proposals at Shareholder Meeting

The latest announcement is out from Tutor Perini ( (TPC) ).

On May 15, 2025, Tutor Perini Corporation held its Annual Meeting of Shareholders, where several key proposals were approved, including an amendment to the company’s Omnibus Incentive Plan. This amendment increases the number of shares available for awards by 2,000,000 and extends the plan’s term to 2030, potentially enhancing the company’s ability to attract and retain talent. Additionally, shareholders elected ten directors, ratified Deloitte & Touche LLP as independent auditors, and approved executive compensation on a non-binding basis, reflecting continued shareholder engagement in corporate governance.

The most recent analyst rating on (TPC) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Tutor Perini stock, see the TPC Stock Forecast page.

Spark’s Take on TPC Stock

According to Spark, TipRanks’ AI Analyst, TPC is a Neutral.

Tutor Perini’s stock score reflects mixed financial performance with notable profitability challenges, offset by strong cash flow and improved balance sheet stability. Technical indicators suggest strong momentum, though caution is warranted due to overbought signals. The earnings call provides a positive outlook with significant growth and improved guidance, but valuation remains a concern with the negative P/E ratio and lack of dividend yield.

To see Spark’s full report on TPC stock, click here.

More about Tutor Perini

Tutor Perini Corporation operates in the construction industry, providing diversified general contracting, construction management, and design-build services to private clients and public agencies. The company focuses on large, complex projects across various sectors, including civil infrastructure, building, and specialty contracting.

Average Trading Volume: 658,972

Technical Sentiment Signal: Buy

Current Market Cap: $1.9B

Learn more about TPC stock on TipRanks’ Stock Analysis page.