Quanta Services, Inc. $PWR Stock: XXI Wealth LLC Raises Holdings

XXI Wealth LLC boosted its holdings in Quanta Services, Inc. (NYSE:PWR) by 221.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,566 shares of the construction company’s stock after buying an additional 1,079 shares during the quarter. XXI Wealth LLC’s holdings in Quanta Services were worth $1,006,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bartlett & CO. Wealth Management LLC boosted its holdings in Quanta Services by 2.6% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 513 shares of the construction company’s stock valued at $282,000 after purchasing an additional 13 shares in the last quarter. Pincus Capital Management LP boosted its holdings in shares of Quanta Services by 0.4% in the 1st quarter. Pincus Capital Management LP now owns 3,690 shares of the construction company’s stock valued at $2,026,000 after buying an additional 15 shares in the last quarter. SouthState Bank Corp grew its position in shares of Quanta Services by 23.5% in the 1st quarter. SouthState Bank Corp now owns 84 shares of the construction company’s stock valued at $46,000 after buying an additional 16 shares during the last quarter. Lewis Asset Management LLC grew its holdings in shares of Quanta Services by 2.5% during the first quarter. Lewis Asset Management LLC now owns 692 shares of the construction company’s stock worth $380,000 after purchasing an additional 17 shares during the last quarter. Finally, Stiles Financial Services Inc increased its position in shares of Quanta Services by 1.8% during the first quarter. Stiles Financial Services Inc now owns 987 shares of the construction company’s stock worth $542,000 after purchasing an additional 17 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Stock Performance

Shares of PWR stock traded down $5.55 during mid-day trading on Friday, hitting $546.89. The stock had a trading volume of 1,620,771 shares, compared to its average volume of 1,055,948. Quanta Services, Inc. has a fifty-two week low of $408.36 and a fifty-two week high of $788.75. The firm has a market cap of $82.22 billion, a PE ratio of 62.64, a PEG ratio of 1.63 and a beta of 1.27. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. The company’s 50-day simple moving average is $640.38 and its 200-day simple moving average is $663.20.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm had revenue of $9.56 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the firm posted $2.48 EPS. The firm’s revenue for the quarter was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Sell-side analysts anticipate that Quanta Services, Inc. will post 15.37 earnings per share for the current year.

Quanta Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 1st were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, October 1st. Quanta Services’s payout ratio is currently 5.04%.

Trending Headlines about Quanta Services

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Exposure to grid modernization and AI infrastructure: Polen Capital highlighted Quanta Services as a beneficiary of long-term investment in power-grid modernization and infrastructure supporting artificial intelligence. This supports the bullish view that demand for the company’s engineering and construction services can remain strong. Quanta Services, Inc. (PWR) Offers Exposure to Grid Modernization and AI Infrastructure
• Positive Sentiment: Potential earnings beat: Zacks said Quanta has factors supporting a possible earnings beat in its upcoming quarterly report, including favorable earnings expectations and its Earnings ESP indicator. A stronger-than-expected result or outlook could help stabilize the shares. Quanta Services Earnings Expected to Grow
• Neutral Sentiment: Earnings are the next major catalyst: Quanta is scheduled to report results on Thursday, making revenue, margins, backlog and forward guidance particularly important after the recent share-price weakness. Quanta Services Set to Post Earnings on Thursday
• Neutral Sentiment: Analysts are also screening Quanta among construction companies that could beat quarterly estimates, reinforcing the possibility of a positive earnings surprise but offering no new company-specific results. Construction Stocks That Could Beat Earnings
• Negative Sentiment: Broad selloff and bearish options positioning: PWR declined substantially in the latest session, while unusually high put-option activity suggests traders are hedging against—or speculating on—additional downside. The move may also reflect profit-taking and concern that the stock’s premium valuation leaves little room for disappointment. Traders Buy High Volume of Quanta Services Put Options

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PWR shares. TD Cowen boosted their target price on Quanta Services from $775.00 to $785.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Guggenheim upgraded Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 price target on the stock in a research note on Friday, July 31st. Wall Street Zen lowered Quanta Services from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. Raymond James Financial started coverage on Quanta Services in a research note on Friday, July 31st. They issued an “outperform” rating for the company. Finally, Mizuho set a $684.00 price objective on Quanta Services in a report on Wednesday, October 7th. Twenty-three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $761.24.

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.