Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Stock Position in Quanta Services, Inc. $PWR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Quanta Services, Inc. (NYSE:PWR) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,484 shares of the construction company’s stock after purchasing an additional 994 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Quanta Services were worth $11,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. PFG Private Wealth Management LLC purchased a new position in Quanta Services in the fourth quarter worth $341,000. LeConte Wealth Management LLC raised its position in Quanta Services by 38.8% during the fourth quarter. LeConte Wealth Management LLC now owns 776 shares of the construction company’s stock valued at $328,000 after purchasing an additional 217 shares in the last quarter. Guided Capital Wealth Management LLC lifted its stake in Quanta Services by 65.9% during the fourth quarter. Guided Capital Wealth Management LLC now owns 7,459 shares of the construction company’s stock worth $3,148,000 after purchasing an additional 2,962 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of Quanta Services by 5.0% in the 4th quarter. Silver Oak Securities Incorporated now owns 801 shares of the construction company’s stock worth $344,000 after purchasing an additional 38 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its position in shares of Quanta Services by 11.2% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 2,553 shares of the construction company’s stock valued at $1,078,000 after purchasing an additional 258 shares during the last quarter. Institutional investors own 90.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PWR. Bank of America raised their price objective on Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. increased their price target on shares of Quanta Services from $515.00 to $627.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Argus boosted their price objective on shares of Quanta Services from $540.00 to $650.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Stifel Nicolaus set a $647.00 price objective on shares of Quanta Services in a research note on Monday, February 23rd. Finally, DA Davidson increased their target price on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $592.32.

Quanta Services Price Performance

Shares of Quanta Services stock opened at $560.84 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $583.73. The business’s 50 day simple moving average is $534.88 and its two-hundred day simple moving average is $469.53. The stock has a market capitalization of $83.91 billion, a P/E ratio of 82.48, a price-to-earnings-growth ratio of 2.49 and a beta of 1.10.

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

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd will be given a $0.11 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s payout ratio is presently 6.47%.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Evercore raised its price target to $635 and kept an “outperform” rating, signaling strong buy-side conviction and providing upside to the consensus. Evercore Raises PT to $635
• Positive Sentiment: Multiple bullish features/analyses position Quanta as a long-term infrastructure/energy transition winner, highlighting its role in electrification, grid upgrades and energy infrastructure. Infrastructure Trade Of The Decade
• Positive Sentiment: Zacks and other coverage highlight data centers and AI-related power demand as an accelerating growth pillar for Quanta, backed by a record backlog (~$44B) and strong 2025 revenue — suggesting durable secular tailwinds. Data Centers Growth Theme
• Positive Sentiment: Mizuho and other analysts reiterated constructive views or said the stock is likely to rise, adding independent support to the bullish narrative. Mizuho Analyst Comment
• Positive Sentiment: Recent earnings showed a beat, revenue growth (~+20% YoY last quarter) and FY2026 EPS guidance (12.65–13.35), which underpin the current valuation and positive analyst moves.
• Neutral Sentiment: Quanta hosted Investor Day with slides and a transcript outlining strategy and long-term targets — useful for judging execution but not an immediate catalyst by itself. Investor Day Slideshow Investor Day Transcript Investor Day PR
• Neutral Sentiment: Recent tape notes and media coverage report the stock has risen in recent sessions but still “lags the market” in some short-term comparisons — context for momentum but not a directional driver. Rises Yet Lags Market MarketWatch Note
• Negative Sentiment: Sanford C. Bernstein raised its target to $538, which still implies downside versus the current price — a reminder that not all analysts are aligned on valuation and some see limited near-term upside. Bernstein PT to $538

Quanta Services 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.