Tutor Perini Stock Surges 183% This Past Year as One Major Holder Rebalances a $47 Million Stake | The Motley Fool

New York-based JB Capital Partners cut its holding in Tutor Perini ( TPC +0.55%) by 175,000 shares in the third quarter, reducing exposure by approximately $5.35 million, according to a November 13 SEC filing. What Happened According to a U.S. Securities and Exchange Commission (SEC) filing dated November 13, JB Capital Partners LP reduced its stake in Tutor Perini ( TPC +0.55%) during the third quarter. The fund cut its position by 175,000 shares, with the remaining investment standing at 719,554 shares valued at $47.20 million as of September 30. What Else to Know Tutor Perini now represents 8% of JB Capital Partners LP's 13F AUM, ranking as the fund's third-largest holding. Top holdings after the filing: NASDAQ:RDNT: $108.53 million (18.6% of AUM) NYSE:RYI: $48.58 million (8.3% of AUM) NYSE:TPC: $47.20 million (8.1% of AUM) NYSE:CNR: $38.97 million (6.7% of AUM) NYSE:OPY: $37.25 million (6.4% of AUM) As of Friday, TPC shares were priced at $69.54, up a staggering 183.5% over the past year and well outperforming the S&P 500, which is instead up about 15% in the same Company Overview Metric Value Revenue (TTM) $5.10 billion Net Income (TTM) ($27.83 million) Market Capitalization $3.66 billion Price (as of Friday) $69.54 Company Snapshot Tutor Perini offers general contracting, construction management, and design-build services across civil, building, and specialty contractor segments, with key revenue from large-scale infrastructure, commercial, and specialty systems projects. The company operates a project-based business model, generating revenue through long-term contracts for public works, infrastructure, and complex building developments, as well as specialty electrical, mechanical, and HVAC services. It serves a diversified client base including public agencies, private corporations, and institutional customers in sectors such as transportation, government, healthcare, hospitality, and industrial markets. Tutor Perini is a leading provider of diversified construction services with a strong presence in large-scale civil and building projects. The company's integrated approach and expertise in complex project delivery enable it to compete for major contracts across public and private sectors. Its broad capabilities and long-standing client relationships support its position as a key player in the engineering and construction industry. Foolish Take For long-term investors, the most interesting signal here is not the trim itself but what it says about Tutor Perini’s transformation. This is no longer a turnaround story fueled by hope. It is increasingly a cash flow and execution story, and that changes how serious money behaves. Tutor Perini just posted one of the strongest quarters in its history. Third-quarter revenue jumped 31% year over year to $1.42 billion, operating cash flow hit a record $289 million, and backlog climbed to an all-time high of $21.6 billion. Management raised full-year adjusted EPS guidance again to $4.00 to $4.20 and signaled confidence that 2026 and 2027 earnings will be meaningfully higher. At the same time, the stock is up more than 180% in a year, and when a position becomes the third-largest holding in a concentrated portfolio, trimming is less about doubt and more about risk management. JB Capital still keeps Tutor...

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