14,489 Shares in Quanta Services, Inc. $PWR Bought by BLB&B Advisors LLC

BLB&B Advisors LLC purchased a new stake in Quanta Services, Inc. (NYSE:PWR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,489 shares of the construction company’s stock, valued at approximately $6,115,000.

Several other institutional investors have also recently bought and sold shares of PWR. Bingham Private Wealth LLC bought a new position in shares of Quanta Services in the fourth quarter valued at $1,055,000. Farther Finance Advisors LLC increased its position in shares of Quanta Services by 51.6% during the fourth quarter. Farther Finance Advisors LLC now owns 7,651 shares of the construction company’s stock worth $3,229,000 after acquiring an additional 2,604 shares in the last quarter. Sunpointe LLC increased its position in shares of Quanta Services by 267.7% during the fourth quarter. Sunpointe LLC now owns 4,592 shares of the construction company’s stock worth $1,938,000 after acquiring an additional 3,343 shares in the last quarter. Sage Mountain Advisors LLC acquired a new stake in shares of Quanta Services in the 4th quarter worth about $371,000. Finally, Split Rock Private Trading & Wealth Management LLC bought a new position in Quanta Services in the 4th quarter valued at about $785,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Trading Down 0.2%

NYSE:PWR opened at $594.41 on Wednesday. Quanta Services, Inc. has a 52 week low of $251.04 and a 52 week high of $599.00. The firm has a 50-day moving average price of $552.35 and a two-hundred day moving average price of $481.64. 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 firm has a market cap of $89.20 billion, a price-to-earnings ratio of 87.41, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10.

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

Quanta Services Dividend Announcement

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

Analyst Upgrades and Downgrades

PWR has been the subject of a number of analyst reports. Bank of America lifted their price target on Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Stifel Nicolaus set a $647.00 target price on Quanta Services in a report on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Quanta Services in a research report on Friday. Truist Financial reiterated a “buy” rating and set a $643.00 price target (up from $548.00) on shares of Quanta Services in a report on Friday, February 20th. Finally, Wolfe Research raised their price objective on Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Eighteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and an average price target of $595.50.

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.