Sigma Planning Corp Sells 2,493 Shares of Quanta Services, Inc. $PWR

Sigma Planning Corp lessened its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 58.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,787 shares of the construction company’s stock after selling 2,493 shares during the quarter. Sigma Planning Corp’s holdings in Quanta Services were worth $1,148,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PWR. State Street Corp boosted its position in Quanta Services by 4.7% during the second quarter. State Street Corp now owns 6,581,807 shares of the construction company’s stock valued at $4,739,164,000 after purchasing an additional 296,893 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Quanta Services by 5.4% during the 1st quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company’s stock worth $1,891,215,000 after purchasing an additional 175,184 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Quanta Services by 7.1% during the 1st quarter. Royal Bank of Canada now owns 1,264,827 shares of the construction company’s stock valued at $694,415,000 after buying an additional 83,363 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Quanta Services by 18.3% during the 1st quarter. First Trust Advisors LP now owns 1,003,917 shares of the construction company’s stock valued at $551,170,000 after buying an additional 155,529 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Quanta Services by 10.3% during the 1st quarter. Amundi now owns 580,718 shares of the construction company’s stock valued at $318,826,000 after buying an additional 54,237 shares during the last quarter. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Price Performance

NYSE:PWR opened at $632.79 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. Quanta Services, Inc. has a one year low of $408.36 and a one year high of $788.75. The company has a fifty day moving average price of $633.61 and a 200 day moving average price of $622.23. The stock has a market cap of $95.13 billion, a P/E ratio of 72.48, a PEG ratio of 1.79 and a beta of 1.27.

Quanta Services (NYSE:PWR) last announced its quarterly earnings data on Thursday, October 29th. The construction company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.02 by $1.04. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The business had revenue of $12.01 billion during the quarter, compared to analyst estimates of $11.03 billion. During the same quarter in the prior year, the business earned $3.33 earnings per share. The firm’s revenue for the quarter was up 57.4% on a year-over-year basis. Analysts anticipate that Quanta Services, Inc. will post 15.36 earnings per share for the current year.

Quanta Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were issued 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 was Thursday, October 1st. Quanta Services’s dividend payout ratio (DPR) is presently 5.04%.

Analyst Ratings Changes

PWR has been the topic of several recent research reports. JPMorgan Chase & Co. lowered shares of Quanta Services from an “overweight” rating to a “neutral” rating and set a $714.00 price objective on the stock. in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft downgraded shares of Quanta Services to a “sell” rating in a research report on Friday, July 31st. Sanford C. Bernstein upgraded Quanta Services from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $748.00 to $775.00 in a research note on Thursday, September 24th. Argus set a $800.00 price objective on Quanta Services in a research note on Wednesday, August 5th. Finally, Citigroup increased their price target on Quanta Services from $837.00 to $871.00 and gave the company a “buy” rating in a report on Friday, July 31st. Twenty-three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $764.46.

Key Quanta Services News

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

• Positive Sentiment: Record earnings beat expectations. Third-quarter adjusted EPS was $6.06 versus the $5.02 consensus estimate, while revenue reached a record $12.01 billion, well above estimates of $11.03 billion and 57.4% higher than a year earlier. GAAP EPS was $4.55, compared with $2.24 in the prior-year quarter. Quanta Services Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised its full-year outlook. Quanta now expects 2026 revenue of approximately $41.3 billion to $41.6 billion and diluted EPS of $12.57 to $12.97, reflecting stronger operating performance and demand. PWR Q3 Earnings Beat on Electric Strength, 2026 View Raised
• Positive Sentiment: Visibility remains strong. Total backlog increased to $63.7 billion and remaining performance obligations reached $41.8 billion. Operating cash flow was $1.5 billion and free cash flow was $1.2 billion, supporting confidence in execution and cash generation. Quanta Services Delivers Record Q3 Results, Raises Outlook
• Neutral Sentiment: The company completed two acquisitions for roughly $245 million, potentially expanding capabilities but also adding integration demands and capital commitments. Management’s earnings call emphasized sustained electric-infrastructure demand as a primary growth driver. Quanta Services Q3 2026 Earnings Call Summary
• Negative Sentiment: At roughly 72 times earnings, the stock carries a demanding valuation, leaving less room for execution shortfalls. Separately, reported insider activity showed substantial selling and no insider purchases over the past six months, a potential sentiment overhang, though it does not change the quarter’s strong fundamentals. Quanta Services Posts Third-Quarter Results

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.