Core Viewpoint - Tutor Perini Corporation's subsidiary, Rudolph and Sletten, has secured a significant contract valued at approximately $155 million for the construction of the Diego Rivera Performing Arts Center at City College of San Francisco [1] Group 1: Contract Details - The awarded contract is for the construction of a new performing arts center [1] - The project encompasses an area of about 78,000 square feet dedicated to theatrical and music arts [1]

Core Viewpoint - Tutor Perini Corporation has been awarded a significant construction contract by the U.S. Army Corps of Engineers, indicating strong demand for its services in the civil and specialty construction sector [1] Group 1: Contract Details - The contract awarded to Tutor Perini's subsidiary, Perini Management Services, Inc., is a multiple-award task order contract (MATOC) [1] - The total shared capacity of the contract is $900 million, which will be distributed over a period of seven years [1] - The contract includes a two-year base period followed by five one-year option periods, providing flexibility and potential for extended work [1]

Core Viewpoint - Tutor Perini Corporation's subsidiary, Perini Management Services, Inc., has secured a contract worth approximately $35.8 million from the U.S. Army Corps of Engineers for the construction of a new Tool and Die Facility at the Iowa Army Ammunition Plant [1] Company Summary - Tutor Perini Corporation is recognized as a leading civil, building, and specialty construction company [1] - The awarded contract is part of the company's ongoing efforts to expand its project portfolio and capabilities in the construction sector [1] Industry Summary - The contract awarded by the U.S. Army Corps of Engineers highlights the ongoing demand for construction services within the defense sector [1] - The establishment of the new Tool and Die Facility indicates a focus on enhancing manufacturing capabilities for military applications [1]

Core Insights - The article emphasizes the importance of value investing, highlighting the strategy of identifying undervalued companies in the market [2]. Group 1: Investment Strategy - The Zacks ranking system focuses on earnings estimates and revisions to identify winning stocks, while also considering trends in value, growth, and momentum [1]. - Value investors utilize fundamental analysis and established metrics to find companies believed to be undervalued at their current share prices [2]. - The Style Scores system allows investors to find stocks with specific traits, particularly in the "Value" category, where stocks with "A" grades and high Zacks Ranks are considered top value stocks [3]. Group 2: Company Analysis - Tutor Perini (TPC) - Tutor Perini (TPC) currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong investment potential [4]. - TPC has a P/E ratio of 14.92, significantly lower than the industry average P/E of 22.04, suggesting it may be undervalued [4]. - The stock's P/B ratio is 2.78, which is favorable compared to the industry average P/B of 5.45, indicating solid market value relative to book value [5]. - TPC's P/S ratio stands at 0.71, lower than the industry average P/S of 1.11, reinforcing the notion of undervaluation [6]. - Overall, TPC's strong value metrics and positive earnings outlook position it as an impressive value stock at this time [7].

Core Insights - Tutor Perini, a construction firm focused on large infrastructure projects, experienced notable insider buying, particularly by Board member Peter Arkley, following a year of strong share price gains [1][9]. Transaction Summary - Peter Arkley purchased 40,000 shares for approximately $2.6 million, increasing his direct ownership to 191,717 shares valued at around $12.5 million post-transaction [2][6]. - The shares were acquired at a weighted average price of $64.12, while the stock closed at $65.16 on the transaction date [6]. Company Overview - Tutor Perini reported a total revenue of $5.10 billion and a net income of -$27.83 million for the trailing twelve months (TTM) [4]. - The company has 7,500 employees and experienced a 152.21% increase in share price over the past year [4]. Company Snapshot - Tutor Perini provides general contracting, construction management, and design-build services across civil infrastructure, building, and specialty contractor segments [5][7]. Market Context - The purchase by Mr. Arkley is significant as it marks his first open-market buy, representing a 26.36% increase in his direct holdings [6]. - The company is benefiting from the Bipartisan Infrastructure Law, which allocates over $1 trillion for infrastructure projects, contributing to revenue growth [10]. Financial Performance - In Q3, Tutor Perini reported revenue of $1.4 billion, a 31% year-over-year increase, and has a record backlog of customer orders totaling $21.6 billion, reflecting a 54% growth over 2024 [11]. - The company's price-to-sales ratio is at a multi-year high of 0.71, indicating that the stock may be considered pricey [12].

Core Insights - Alger Small Cap Focus Fund's third-quarter 2025 investor letter indicates that U.S. equity markets experienced significant growth, with the S&P 500 Index rising by 8.12% due to improving economic conditions, solid corporate earnings, and expectations for monetary easing [1] - The fund's class A shares underperformed compared to the Russell 2000 Growth Index during the same period [1] Company Overview - Tutor Perini Corporation (NYSE:TPC) is a leading construction company that provides a wide range of services including general contracting, construction management, and design-build services to both private and public sector clients globally [3] - The company reported a stock price of $67.56 per share as of November 27, 2025, with a one-month return of -0.19% and a remarkable 147.93% increase in value over the last 52 weeks [2] Financial Performance - Tutor Perini Corporation's shares positively contributed to the fund's performance in the quarter following strong second-quarter results and an increase in full-year 2025 earnings guidance [3] - Management anticipates a significant increase in earnings for 2026, supported by infrastructure spending and improved project execution, which has enhanced investor confidence [3] Hedge Fund Interest - Tutor Perini Corporation is not among the 30 most popular stocks among hedge funds, with 36 hedge fund portfolios holding the stock at the end of the third quarter, up from 31 in the previous quarter [4] - While the company shows potential as an investment, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - Tutor Perini (TPC) has undergone a significant turnaround in the civil construction sector over the past 18 months, transforming from a debt-laden, unprofitable contractor to a more stable entity [1]. Group 1: Company Performance - The company was previously characterized by volatile, low-margin earnings, but has now managed to improve its financial standing [1]. - Tutor Perini's transformation highlights its ability to navigate challenges within the civil construction industry effectively [1]. Group 2: Industry Context - The civil construction sector has been marked by companies facing chronic profitability issues, making Tutor Perini's turnaround particularly noteworthy [1].

Core Insights - Tutor Perini (TPC) has undergone a significant turnaround in the civil construction sector over the past 18 months, transforming from a debt-laden, unprofitable contractor to a more stable entity [1] Company Summary - The company was previously characterized by volatile, low-margin earnings and chronic unprofitability [1] - Tutor Perini has managed to improve its financial standing and operational efficiency, indicating a positive shift in its business model [1]

Core Insights - Tutor Perini Corporation reported strong financial performance for the third quarter and year-to-date 2025, highlighting record operating cash flow and backlog [1] Financial Performance - The company achieved a year-to-date operating cash flow of $574.4 million, with $289.1 million generated in the third quarter alone [1] - Tutor Perini Corporation's backlog reached a record high of $21.6 billion, indicating strong future revenue potential [1] Dividend Declaration - In light of its strong financial results, the Board of Directors declared a quarterly cash dividend of $0.06 per share [1]

Group 1 - SPX Technologies is currently outperforming its peers in the Construction sector, with a year-to-date return of approximately 49.6% compared to the sector average of 4.1% [4] - The Zacks Rank for SPX Technologies is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for SPX Technologies' full-year earnings has increased by 3.1% over the past quarter, reflecting improved analyst sentiment [4] Group 2 - SPX Technologies is part of the Building Products - Air Conditioner and Heating industry, which has seen a year-to-date gain of about 4.7% [6] - The Construction sector, which includes SPX Technologies, ranks 15 in the Zacks Sector Rank, indicating a moderate performance relative to other sectors [2] - Another notable stock in the Construction sector is Tutor Perini, which has achieved a year-to-date return of 178.5% and also holds a Zacks Rank of 2 (Buy) [5][7]