Quanta Services, Inc. $PWR Stock Position Reduced by Capital International Sarl

Capital International Sarl cut its position in shares of Quanta Services, Inc. (NYSE:PWR) by 26.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,342 shares of the construction company’s stock after selling 2,235 shares during the quarter. Capital International Sarl’s holdings in Quanta Services were worth $2,628,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Rothschild Investment LLC grew its position in shares of Quanta Services by 2.8% during the 3rd quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock valued at $352,000 after buying an additional 23 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in shares of Quanta Services by 0.5% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock worth $1,968,000 after purchasing an additional 23 shares during the period. Wealth Alliance LLC lifted its holdings in shares of Quanta Services by 1.4% in the 3rd quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock worth $678,000 after purchasing an additional 23 shares during the last quarter. Petros Family Wealth LLC lifted its holdings in shares of Quanta Services by 2.2% in the 3rd quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company’s stock worth $456,000 after purchasing an additional 24 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in shares of Quanta Services by 15.2% during the third quarter. Montag A & Associates Inc. now owns 182 shares of the construction company’s stock valued at $75,000 after acquiring an additional 24 shares during the period. 90.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PWR. B. Riley Financial boosted their price objective on Quanta Services from $450.00 to $565.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. The Goldman Sachs Group lifted their price objective on shares of Quanta Services from $495.00 to $685.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Robert W. Baird upped their price target on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. UBS Group upped their price target on shares of Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, Bank of America boosted their price target on Quanta Services from $500.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $576.55.

Quanta Services Stock Performance

PWR stock opened at $563.76 on Wednesday. The company has a market cap of $84.35 billion, a P/E ratio of 82.91, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. The business’s fifty day moving average is $496.04 and its 200-day moving average is $449.54. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $576.86.

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

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.