Quanta Services, Inc. $PWR Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. trimmed its holdings in Quanta Services, Inc. (NYSE:PWR) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,266 shares of the construction company’s stock after selling 4,085 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Quanta Services were worth $8,399,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Rothschild Investment LLC lifted its holdings in Quanta Services by 2.8% in the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock valued at $352,000 after acquiring an additional 23 shares during the period. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Quanta Services by 0.5% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock valued at $1,968,000 after purchasing an additional 23 shares in the last quarter. Wealth Alliance LLC lifted its stake in shares of Quanta Services by 1.4% in the 3rd quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock valued at $678,000 after purchasing an additional 23 shares during the period. Petros Family Wealth LLC boosted its holdings in Quanta Services by 2.2% during the third quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company’s stock worth $456,000 after buying an additional 24 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its position in Quanta Services by 1.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 2,250 shares of the construction company’s stock valued at $851,000 after buying an additional 26 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Stock Down 0.6%

NYSE PWR opened at $549.11 on Tuesday. The business has a fifty day moving average price of $466.86 and a 200 day moving average price of $435.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. The company has a market cap of $82.16 billion, a P/E ratio of 80.75, a P/E/G ratio of 2.68 and a beta of 1.15. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $565.93.

Quanta Services (NYSE:PWR) last issued its earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The business had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. During the same period in the prior year, the business earned $2.94 earnings per share. The company’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. Research analysts anticipate that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Key Quanta Services News

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

• Positive Sentiment: Wolfe Research raised its price target on Quanta from $477 to $576 and kept an “outperform” rating — a sizable upward revision that signals stronger revenue/earnings expectations and supports further upside. Wolfe Research raises PT to $576 – MarketScreener
• Positive Sentiment: Bank of America raised its price target to $610 (from $500) and reiterated a “buy” rating — another analyst endorsement that increases implied upside and investor confidence in Quanta’s growth trajectory. BofA raises PT to $610 – MarketScreener
• Positive Sentiment: JPMorgan raised its price target to $627 (from $515) and maintained an “overweight” rating — the largest uplift among the peers, implying meaningful upside relative to the recent price and reinforcing bullish analyst sentiment. JPMorgan raises PT to $627 – MarketScreener
• Positive Sentiment: Truist Financial reiterated a “buy” rating on Quanta, signalling continued analyst conviction behind the name. Truist reiterates Buy – American Banking News
• Neutral Sentiment: AMJ Financial Wealth Management modestly increased its stake in Quanta (an extra ~1,217 shares, a 4.3% lift reported for the period) — a small institutional buy that offers limited incremental demand pressure. AMJ increases stake in Quanta – DefenseWorld

Analysts Set New Price Targets

PWR has been the topic of several recent analyst reports. Evercore reissued an “outperform” rating and set a $604.00 target price on shares of Quanta Services in a research note on Friday. Argus set a $540.00 price target on Quanta Services in a research report on Friday, October 31st. The Goldman Sachs Group set a $495.00 price objective on Quanta Services in a report on Monday, November 24th. Wolfe Research upped their target price on Quanta Services from $477.00 to $576.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Robert W. Baird lifted their price target on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research note on Friday. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $542.95.

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.