Yousif Capital Management LLC Cuts Holdings in Quanta Services, Inc. $PWR

Yousif Capital Management LLC lessened its stake in Quanta Services, Inc. (NYSE:PWR) by 11.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,997 shares of the construction company’s stock after selling 2,305 shares during the period. Yousif Capital Management LLC’s holdings in Quanta Services were worth $7,878,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Activest Wealth Management boosted its holdings in Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after acquiring an additional 32 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of Quanta Services during the fourth quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new stake in shares of Quanta Services during the second quarter worth about $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after purchasing an additional 49 shares during the period. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Quanta Services during the third quarter worth about $38,000. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Roth Mkm increased their target price on shares of Quanta Services from $600.00 to $650.00 and gave the stock a “buy” rating in a report on Monday. DA Davidson increased their target price on shares of Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Mizuho raised their target price on shares of Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a research report on Monday, March 30th. JPMorgan Chase & Co. raised their target price on shares of Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Robert W. Baird raised their target price on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $595.50.

Quanta Services Stock Up 3.7%

NYSE:PWR opened at $576.23 on Thursday. The firm has a market cap of $86.22 billion, a P/E ratio of 84.74, a P/E/G ratio of 2.55 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services, Inc. has a fifty-two week low of $241.62 and a fifty-two week high of $583.73. The firm has a 50-day simple moving average of $543.65 and a two-hundred day simple moving average of $475.73.

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

Quanta Services Announces Dividend

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

About Quanta Services

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.