Quanta Services, Inc. $PWR Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC cut its position in shares of Quanta Services, Inc. (NYSE:PWR) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,043 shares of the construction company’s stock after selling 976 shares during the quarter. Quanta Services comprises 0.9% of Signal Advisors Wealth LLC’s portfolio, making the stock its 27th biggest position. Signal Advisors Wealth LLC’s holdings in Quanta Services were worth $10,992,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. 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 valued at $1,968,000 after acquiring an additional 23 shares in the last quarter. Rothschild Investment LLC increased its stake in Quanta Services by 2.8% during the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock valued at $352,000 after purchasing an additional 23 shares during the last quarter. Wealth Alliance LLC raised its holdings in shares of Quanta Services by 1.4% during the third 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 period. Petros Family Wealth LLC lifted its position 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 buying an additional 24 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its position in shares of Quanta Services by 15.2% in the 3rd quarter. Montag A & Associates Inc. now owns 182 shares of the construction company’s stock worth $75,000 after buying an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PWR. Evercore reaffirmed an “outperform” rating and set a $604.00 price objective on shares of Quanta Services in a research report on Friday, February 20th. TD Cowen lifted their target price on Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. DA Davidson increased their price target on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Citigroup raised their price target on Quanta Services from $540.00 to $640.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Sanford C. Bernstein upped their price objective on Quanta Services from $471.00 to $515.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 24th. Seventeen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $576.55.

Quanta Services Stock Down 1.0%

Shares of Quanta Services stock opened at $572.91 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services, Inc. has a 1-year low of $227.08 and a 1-year high of $583.73. The business’s fifty day moving average price is $526.45 and its two-hundred day moving average price is $463.74. The company has a market capitalization of $85.72 billion, a P/E ratio of 84.25, a PEG ratio of 2.63 and a beta of 1.10.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same period last year, the company earned $2.94 earnings per share. The company’s quarterly 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. As a group, research analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Dividend Announcement

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

Quanta Services 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.