Allianz SE Makes New $729,000 Investment in Quanta Services, Inc. $PWR

Allianz SE acquired a new stake in Quanta Services, Inc. (NYSE:PWR) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,759 shares of the construction company’s stock, valued at approximately $729,000.

Other large investors have also added to or reduced their stakes in the company. Rothschild Investment LLC lifted its stake 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 buying an additional 23 shares during the period. Northwestern Mutual Investment Management Company LLC increased its stake in shares of Quanta Services by 0.5% in 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 acquiring an additional 23 shares in the last quarter. Wealth Alliance LLC lifted its position in shares of Quanta Services by 1.4% during the 3rd quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock valued at $678,000 after acquiring an additional 23 shares during the period. Petros Family Wealth LLC boosted its stake 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 acquiring an additional 24 shares in the last quarter. Finally, Carr Financial Group Corp grew its holdings in Quanta Services by 1.8% in the third quarter. Carr Financial Group Corp now owns 1,471 shares of the construction company’s stock worth $610,000 after purchasing an additional 26 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PWR. Evercore reiterated an “outperform” rating and set a $604.00 price objective on shares of Quanta Services in a report on Friday, February 20th. Stifel Nicolaus set a $647.00 price target on Quanta Services in a report on Monday, February 23rd. Mizuho boosted their price objective on Quanta Services from $424.00 to $537.00 and gave the company a “neutral” rating in a report on Tuesday. Robert W. Baird upped their target price on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Cantor Fitzgerald lifted their price target on shares of Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $569.95.

Quanta Services Stock Performance

Shares of PWR stock opened at $563.06 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a 50-day moving average of $478.04 and a 200-day moving average of $440.13. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $573.94. The company has a market cap of $84.25 billion, a P/E ratio of 82.80, a P/E/G ratio of 2.58 and a beta of 1.15.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data 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 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 the consensus estimate of $7.38 billion. During the same period in the prior year, the firm 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 forecast that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

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.