Quanta Services, Inc. $PWR Shares Acquired by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC boosted its holdings in Quanta Services, Inc. (NYSE:PWR) by 2.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,398 shares of the construction company’s stock after purchasing an additional 1,458 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Quanta Services were worth $22,958,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new position in shares of Quanta Services in the 2nd quarter valued at $26,000. Activest Wealth Management grew its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after purchasing an additional 32 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after purchasing an additional 49 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Quanta Services in the 2nd quarter valued at about $37,000. Finally, NewSquare Capital LLC boosted its position in shares of Quanta Services by 320.8% in the 2nd quarter. NewSquare Capital LLC now owns 101 shares of the construction company’s stock valued at $38,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Analyst Upgrades and Downgrades

PWR has been the topic of several research analyst reports. Sanford C. Bernstein lifted their price target on Quanta Services from $471.00 to $515.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 24th. Jefferies Financial Group upped their price target on shares of Quanta Services from $506.00 to $634.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. UBS Group raised their price objective on shares of Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Argus upped their target price on shares of Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Stifel Nicolaus set a $647.00 price target on Quanta Services in a research report on Monday, February 23rd. Seventeen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $576.55.

Quanta Services Stock Down 3.4%

Quanta Services stock opened at $549.09 on Friday. The firm has a market capitalization of $82.15 billion, a price-to-earnings ratio of 80.75, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10. 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 fifty-two week low of $227.08 and a fifty-two week high of $573.97. The stock’s fifty day moving average is $488.45 and its two-hundred day moving average is $444.84.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same period last year, the firm posted $2.94 EPS. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Analysts predict that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

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.