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Filed: 2026-10-28 AccNo: 0001193125-26-435047 Size: 191 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
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Parsons Corporation announced that its joint venture, Riyadh Metro Transit Consultants (RMTC), was selected to provide project and construction management services for the Riyadh Metro Red Line Extension.
Persimmon Plc issued and admitted 9,473 ordinary shares to trading in October 2026 to satisfy vested employee share awards.
UBS has raised its price target for Parsons Corporation to $64 from $61 while maintaining a Buy rating on the stock.
Persimmon shares fell by 7% following the UK government's announcement of the 'Your First Home' scheme, which includes higher-than-expected developer fees and a later-than-anticipated rollout.
Parsons (PSN) reported Q3 2026 earnings of $0.89 per share, beating consensus estimates of $0.81 by 9.88%, but missed revenue expectations with $1.65 billion versus the estimated $1.66 billion. The stock has underperformed the S&P 500 by 30.7 percentage points year-to-date and carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.