One Wealth Capital Management LLC purchased a new position in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,066 shares of the construction company’s stock, valued at approximately $685,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC grew its holdings in shares of Quanta Services by 70.4% in the second quarter. Cornerstone Financial Management LLC now owns 46 shares of the construction company’s stock valued at $33,000 after purchasing an additional 19 shares in the last quarter. Boreal Capital Management LLC purchased a new stake in Quanta Services during the 1st quarter worth approximately $27,000. JNBA Financial Advisors lifted its holdings in Quanta Services by 1,733.3% during the 2nd quarter. JNBA Financial Advisors now owns 55 shares of the construction company’s stock worth $40,000 after buying an additional 52 shares in the last quarter. Markowski Investments acquired a new stake in Quanta Services during the 2nd quarter worth approximately $55,000. Finally, SJS Investment Consulting Inc. lifted its holdings in Quanta Services by 100.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 82 shares of the construction company’s stock worth $45,000 after buying an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on PWR. Piper Sandler dropped their price target on shares of Quanta Services from $731.00 to $714.00 and set an “overweight” rating for the company in a research note on Monday, September 28th. UBS Group reiterated a “buy” rating on shares of Quanta Services in a research note on Monday, August 17th. Mizuho set a $684.00 price objective on Quanta Services in a research note on Wednesday, October 7th. Benchmark lowered Quanta Services to a “sell” rating in a report on Friday, July 31st. Finally, Morgan Stanley cut Quanta Services to an “underweight” rating in a research note on Monday, August 3rd. Twenty-three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $761.24.
Read Our Latest Stock Analysis on Quanta Services
Quanta Services News Summary
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
Quanta Services Stock Down 1.0%
Shares of NYSE:PWR opened at $546.89 on Friday. Quanta Services, Inc. has a fifty-two week low of $408.36 and a fifty-two week high of $788.75. The firm’s 50 day moving average price is $640.38 and its 200 day moving average price is $663.20. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The stock has a market cap of $82.22 billion, a price-to-earnings ratio of 62.64, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27.
Quanta Services (NYSE:PWR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, topping 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 company had revenue of $9.56 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter in the previous year, the business posted $2.48 EPS. The firm’s revenue was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. As a group, equities research analysts predict that Quanta Services, Inc. will post 15.37 earnings per share for the current fiscal year.
Quanta Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders 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 of this dividend was Thursday, October 1st. Quanta Services’s payout ratio is 5.04%.
Quanta Services Company Profile
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.
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