Tema Etfs LLC Acquires 10,640 Shares of Quanta Services, Inc. $PWR

Tema Etfs LLC raised its holdings in Quanta Services, Inc. (NYSE:PWR) by 48.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 32,720 shares of the construction company’s stock after acquiring an additional 10,640 shares during the period. Quanta Services accounts for 1.1% of Tema Etfs LLC’s portfolio, making the stock its 13th largest position. Tema Etfs LLC’s holdings in Quanta Services were worth $13,810,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Quanta Services by 57.2% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock valued at $917,009,000 after acquiring an additional 882,209 shares during the period. Bank of America Corp DE increased its position in Quanta Services by 35.6% during the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after acquiring an additional 765,822 shares during the period. Select Equity Group L.P. raised its stake in Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock valued at $384,554,000 after purchasing an additional 416,395 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock valued at $7,519,079,000 after purchasing an additional 386,937 shares during the period. Finally, DAVENPORT & Co LLC acquired a new stake in Quanta Services in the 3rd quarter worth $97,080,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting 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

Quanta Services Stock Up 2.2%

NYSE PWR opened at $560.84 on Thursday. 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 stock’s 50 day moving average is $534.88 and its two-hundred day moving average is $469.53. The company has a market capitalization of $83.91 billion, a price-to-earnings ratio of 82.48, a PEG ratio of 2.49 and a beta of 1.10. Quanta Services, Inc. has a 1-year low of $227.08 and a 1-year high of $583.73.

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

Quanta Services Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Mizuho boosted their price objective on shares of Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a report on Monday. Roth Mkm reissued a “buy” rating and set a $600.00 target price on shares of Quanta Services in a research report on Friday, February 20th. UBS Group boosted their price target on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Evercore raised their price objective on Quanta Services from $604.00 to $635.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, DA Davidson lifted their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $592.32.

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.