Wealth Enhancement Advisory Services LLC Buys 2,025 Shares of Quanta Services, Inc. $PWR

Wealth Enhancement Advisory Services LLC lifted its stake in Quanta Services, Inc. (NYSE:PWR) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,161 shares of the construction company’s stock after purchasing an additional 2,025 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Quanta Services were worth $31,269,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC boosted its position in Quanta Services by 0.3% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 35,298 shares of the construction company’s stock valued at $15,383,000 after buying an additional 111 shares during the last quarter. Signet Financial Management LLC raised its position in shares of Quanta Services by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 15,507 shares of the construction company’s stock worth $6,545,000 after acquiring an additional 51 shares during the last quarter. Procyon Advisors LLC acquired a new position in shares of Quanta Services during the fourth quarter valued at $234,000. CWA Asset Management Group LLC boosted its holdings in Quanta Services by 7.2% in the fourth quarter. CWA Asset Management Group LLC now owns 686 shares of the construction company’s stock valued at $290,000 after acquiring an additional 46 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA increased its position in Quanta Services by 6.2% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 23,626 shares of the construction company’s stock worth $9,972,000 after purchasing an additional 1,374 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PWR. Bank of America upped their target price on shares of Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Jefferies Financial Group boosted their price target on shares of Quanta Services from $506.00 to $634.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Mizuho increased their price objective on shares of Quanta Services from $424.00 to $537.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Stifel Nicolaus set a $647.00 price objective on shares of Quanta Services in a research note on Monday, February 23rd. Finally, Wolfe Research upped their target price on shares of Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $576.55.

Quanta Services Stock Performance

Shares of Quanta Services stock opened at $568.29 on Tuesday. The company has a market capitalization of $85.03 billion, a PE ratio of 83.57, a PEG ratio of 2.52 and a beta of 1.10. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $583.73. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The stock’s fifty day simple moving average is $521.04 and its 200 day simple moving average is $461.52.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. The firm had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company’s revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, research analysts predict that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

Quanta Services Company Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.