Quanta Services (NYSE:PWR) Price Target Raised to $580.00

Quanta Services (NYSE:PWR) had its target price lifted by Mizuho from $537.00 to $580.00 in a report issued on Monday,Benzinga reports. They currently have a neutral rating on the construction company’s stock.

A number of other equities analysts have also recently commented on the stock. Stifel Nicolaus set a $647.00 target price on shares of Quanta Services in a report on Monday, February 23rd. TD Cowen raised their price objective on shares of Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Truist Financial restated a “buy” rating and issued a $643.00 price objective (up from $548.00) on shares of Quanta Services in a research note on Friday, February 20th. UBS Group increased their target price 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, JPMorgan Chase & Co. raised their price target on Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Eighteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $592.32.

Quanta Services Stock Up 2.2%

Quanta Services stock opened at $560.84 on Monday. The company has a market capitalization of $83.91 billion, a P/E ratio of 82.48, a PEG ratio of 2.49 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $583.73. The stock has a 50-day simple moving average of $534.88 and a 200-day simple moving average of $469.53.

Quanta Services (NYSE:PWR) last released its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter last year, the business posted $2.94 EPS. The firm’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. Equities research analysts expect that Quanta Services will post 9.34 earnings per share for the current year.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Old North State Trust LLC grew its holdings in Quanta Services by 11.9% during the fourth quarter. Old North State Trust LLC now owns 2,869 shares of the construction company’s stock worth $1,211,000 after acquiring an additional 305 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Quanta Services by 23.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 97,242 shares of the construction company’s stock valued at $41,042,000 after acquiring an additional 18,780 shares during the period. World Investment Advisors boosted its position in shares of Quanta Services by 12.7% during the 4th quarter. World Investment Advisors now owns 6,969 shares of the construction company’s stock worth $2,941,000 after purchasing an additional 788 shares in the last quarter. DUTCH ASSET Corp acquired a new position in shares of Quanta Services during the 4th quarter worth $825,000. Finally, Corient Private Wealth LLC increased its holdings in shares of Quanta Services by 137.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock valued at $486,065,000 after purchasing an additional 667,050 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Evercore raised its price target to $635 and kept an “outperform” rating, signaling strong buy-side conviction and providing upside to the consensus. Evercore Raises PT to $635
• Positive Sentiment: Multiple bullish features/analyses position Quanta as a long-term infrastructure/energy transition winner, highlighting its role in electrification, grid upgrades and energy infrastructure. Infrastructure Trade Of The Decade
• Positive Sentiment: Zacks and other coverage highlight data centers and AI-related power demand as an accelerating growth pillar for Quanta, backed by a record backlog (~$44B) and strong 2025 revenue — suggesting durable secular tailwinds. Data Centers Growth Theme
• Positive Sentiment: Mizuho and other analysts reiterated constructive views or said the stock is likely to rise, adding independent support to the bullish narrative. Mizuho Analyst Comment
• Positive Sentiment: Recent earnings showed a beat, revenue growth (~+20% YoY last quarter) and FY2026 EPS guidance (12.65–13.35), which underpin the current valuation and positive analyst moves.
• Neutral Sentiment: Quanta hosted Investor Day with slides and a transcript outlining strategy and long-term targets — useful for judging execution but not an immediate catalyst by itself. Investor Day Slideshow Investor Day Transcript Investor Day PR
• Neutral Sentiment: Recent tape notes and media coverage report the stock has risen in recent sessions but still “lags the market” in some short-term comparisons — context for momentum but not a directional driver. Rises Yet Lags Market MarketWatch Note
• Negative Sentiment: Sanford C. Bernstein raised its target to $538, which still implies downside versus the current price — a reminder that not all analysts are aligned on valuation and some see limited near-term upside. Bernstein PT to $538

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.