Quanta Services, Inc. $PWR Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its stake in shares of Quanta Services, Inc. (NYSE:PWR) by 11.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,409 shares of the construction company’s stock after buying an additional 1,502 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Quanta Services were worth $6,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Lansforsakringar Fondforvaltning AB publ grew its stake in shares of Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock worth $19,316,000 after purchasing an additional 2,375 shares during the last quarter. Calamos Advisors LLC grew its stake in shares of Quanta Services by 17.1% in the 3rd quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock worth $43,680,000 after purchasing an additional 15,388 shares during the last quarter. Chilton Capital Management LLC grew its stake in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock worth $69,016,000 after purchasing an additional 64,560 shares during the last quarter. Atria Investments Inc grew its stake 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 worth $5,727,000 after purchasing an additional 2,340 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its holdings in shares of Quanta Services by 44.4% in the third quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company’s stock worth $101,743,000 after buying an additional 75,449 shares during the period. 90.49% of the stock is currently owned by institutional investors.

Quanta Services Trading Down 0.9%

Shares of PWR opened at $631.67 on Wednesday. The stock has a fifty day moving average price of $573.35 and a two-hundred day moving average price of $495.07. 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, Inc. has a 52-week low of $281.17 and a 52-week high of $640.61. The company has a market cap of $94.79 billion, a price-to-earnings ratio of 92.89, a PEG ratio of 2.89 and a beta of 1.10.

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, beating the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Analysts predict that Quanta Services, Inc. will post 11.97 EPS for the current fiscal year.

Quanta Services Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on PWR shares. Cantor Fitzgerald raised their target price on shares of Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. DA Davidson increased their price target on shares of Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. TD Cowen increased their price objective on Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Roth Mkm upped their target price on Quanta Services from $600.00 to $650.00 and gave the stock a “buy” rating in a research report on Monday, April 6th. Finally, Sanford C. Bernstein raised their target price on shares of Quanta Services from $515.00 to $538.00 in a research note on Wednesday, April 1st. Eighteen 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.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $603.23.

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.