Quanta Services, Inc. $PWR Stock Holdings Raised by Trust Point Inc.

Trust Point Inc. boosted its stake in Quanta Services, Inc. (NYSE:PWR) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 73,777 shares of the construction company’s stock after acquiring an additional 3,131 shares during the quarter. Quanta Services comprises about 2.5% of Trust Point Inc.’s holdings, making the stock its 6th largest holding. Trust Point Inc.’s holdings in Quanta Services were worth $31,138,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PWR. Lansforsakringar Fondforvaltning AB publ increased its position in shares of Quanta Services by 5.4% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock worth $19,316,000 after acquiring an additional 2,375 shares during the last quarter. Calamos Advisors LLC boosted its holdings in Quanta Services by 17.1% in the third quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock valued at $43,680,000 after purchasing an additional 15,388 shares during the last quarter. Chilton Capital Management LLC grew its stake in Quanta Services by 63.3% during the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock valued at $69,016,000 after purchasing an additional 64,560 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in Quanta Services by 59.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock worth $18,397,000 after purchasing an additional 16,637 shares during the last quarter. Finally, Atria Investments Inc raised its position in shares of Quanta Services by 20.4% in the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company’s stock valued at $5,727,000 after purchasing an additional 2,340 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Wall Street Analyst Weigh In

PWR has been the subject of several research analyst reports. The Goldman Sachs Group increased their target price on Quanta Services from $495.00 to $685.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Weiss Ratings raised shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. Wolfe Research increased their price objective on shares of Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Jefferies Financial Group raised their price objective on shares of Quanta Services from $506.00 to $634.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Finally, Evercore reissued an “outperform” rating and issued a $604.00 target price on shares of Quanta Services in a research report on Friday, February 20th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $576.55.

Quanta Services Price Performance

Shares of NYSE PWR opened at $545.27 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $81.58 billion, a price-to-earnings ratio of 80.19, a price-to-earnings-growth ratio of 2.61 and a beta of 1.10. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $583.73. The business has a 50 day simple moving average of $528.41 and a 200-day simple moving average of $464.31.

Quanta Services (NYSE:PWR) last announced 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 return on equity of 18.10% and a net margin of 3.61%.The firm had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.38 billion. During the same period last year, the business posted $2.94 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities research analysts expect that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Quanta Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors 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 of this dividend is Thursday, April 2nd. Quanta Services’s dividend payout ratio is currently 6.47%.

Quanta Services Company 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.