tutor perini corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. the company operates through three segments: civil, building, and specialty contractors. the civil segment engages in the public works construction, replacement, and reconstruction of infrastructure, including highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities. this segment also provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. the building segment offers services in various specialized building markets, including hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and industrial and high-tech. the specialty contractors segment provides electrical, me
Company profile
Ticker
TPC
Exchange
Website
CEO
Ronald Tutor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PERINI CORP
SEC CIK
Corporate docs
Subsidiaries
Becho, Inc. • Black Construction Corporation • Cherry Hill Construction, Inc. • Frontier-Kemper Constructors, Inc. • Lunda Construction Company • Tutor-Saliba Corporation • James A. Cummings, Inc. • Keating Building Company • Perini Management Services, Inc. • Roy Anderson Corp ...
IRS number
41717070
TPC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 Jul 24
8-K
Departure of Directors or Certain Officers
25 Jun 24
8-K
Amendments to Articles of Incorporation or Bylaws
24 May 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Tutor Perini Reports First Quarter 2024 Results
25 Apr 24
8-K
Entry into a Material Definitive Agreement
23 Apr 24
8-K
Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes
15 Apr 24
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
Transcripts
TPC
Earnings call transcript
2024 Q1
25 Apr 24
TPC
Earnings call transcript
2023 Q4
28 Feb 24
TPC
Earnings call transcript
2023 Q3
9 Nov 23
TPC
Earnings call transcript
2023 Q2
3 Aug 23
TPC
Earnings call transcript
2023 Q1
4 May 23
TPC
Earnings call transcript
2022 Q4
15 Mar 23
TPC
Earnings call transcript
2022 Q3
3 Nov 22
TPC
Earnings call transcript
2022 Q2
5 Aug 22
TPC
Earnings call transcript
2022 Q1
5 May 22
TPC
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
4
RAYMOND R ONEGLIA
20 Jun 24
4
RONALD N TUTOR
17 Jun 24
144
Notice of proposed sale of securities
13 Jun 24
4
Ghassan Ariqat
12 Jun 24
4
RONALD N TUTOR
10 Jun 24
144
Notice of proposed sale of securities
10 Jun 24
144
Notice of proposed sale of securities
6 Jun 24
3
Kristiyan D Assouri
3 Jun 24
4
Michael Francis Smithson
30 May 24
4
DALE ANNE REISS
24 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 373.05 mm | 373.05 mm | 373.05 mm | 373.05 mm | 373.05 mm | 373.05 mm |
Cash burn (monthly) | 7.21 mm | (no burn) | (no burn) | 3.06 mm | (no burn) | (no burn) |
Cash used (since last report) | 27.87 mm | n/a | n/a | 11.83 mm | n/a | n/a |
Cash remaining | 345.18 mm | n/a | n/a | 361.23 mm | n/a | n/a |
Runway (months of cash) | 47.9 | n/a | n/a | 118.1 | n/a | n/a |
Institutional ownership, Q1 2024
19.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 33 |
Closed positions | 2 |
Increased positions | 2 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 50.79 bn |
Total shares | 10.40 mm |
Total puts | 75.00 k |
Total calls | 177.10 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Tutor Ronald N | 4.25 mm | $62.09 mm |
Frontier Capital Management | 1.65 mm | $20.41 mm |
Mirae Asset Global Investments | 1.43 mm | $8.39 bn |
Foundry Partners | 624.98 k | $9.04 bn |
Westside Investment Management | 315.12 k | $4.56 bn |
Pinnacle Associates | 291.18 k | $4.21 bn |
Empowered Funds | 218.93 k | $3.17 bn |
Verus Capital Partners | 215.20 k | $3.11 bn |
Miller Value Partners | 214.56 k | $3.10 bn |
Assenagon Asset Management | 184.46 k | $2.67 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Jun 24 | Tutor Ronald N | Common Stock | Sell | Dispose S | Yes | No | 19.4 | 25,000 | 485.00 k | 2,387,267 |
10 Jun 24 | Ghassan Ariqat | Common Stock | Sell | Dispose S | No | No | 19.62 | 11,855 | 232.60 k | 0 |
7 Jun 24 | Tutor Ronald N | Common Stock | Sell | Dispose S | Yes | No | 19.91 | 49,282 | 981.20 k | 3,361,940 |
6 Jun 24 | Tutor Ronald N | Common Stock | Sell | Dispose S | Yes | No | 20.66 | 25,718 | 531.33 k | 3,411,222 |
28 May 24 | Michael Francis Smithson | Common Stock | Payment of exercise | Dispose F | No | No | 21.5 | 26,975 | 579.96 k | 45,850 |
28 May 24 | Michael Francis Smithson | Common Stock | Option exercise | Acquire M | No | No | 0 | 50,000 | 0.00 | 72,825 |
28 May 24 | Michael Francis Smithson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 50,000 | 0.00 | 0 |
News
Why AMMO Shares Are Trading Lower By Over 19%? Here Are Other Stocks Moving In Friday's Mid-Day Session
14 Jun 24
Hasbro, Tutor Perini, Arm Holdings And Other Big Stocks Moving Higher On Friday
14 Jun 24
UBS Upgrades Tutor Perini to Buy, Raises Price Target to $27
14 Jun 24
Tutor Perini Building Secures $228.6M Terminal Connectors Project At Fort Lauderdale-Hollywood International Airport
22 May 24
Tutor Perini Building Bags $228.6M Terminal Connectors Project at Fort Lauderdale-Hollywood International Airport
22 May 24
Press releases
Tutor Perini Announces Conference Call to Discuss Second Quarter 2024 Results
25 Jul 24
Elevate Inglewood Partners Selected as Best Value Proposer for the Inglewood Transit Connector Project
23 Jul 24
Perini Management Services Awarded $48.6 Million Alcatraz Island Historic Structures Stabilization and Rehabilitation Project
9 Jul 24
Lunda Construction Awarded $53.6 Million Kellogg/3rd Street Bridge Replacement Project
20 Jun 24
Black Construction-Tutor Perini Joint Venture Awarded $74.4 Million Child Development Center at Andersen Air Force Base, Guam
29 May 24