Ameritas Advisory Services LLC Sells 3,475 Shares of Quanta Services, Inc. $PWR

Ameritas Advisory Services LLC reduced its stake in Quanta Services, Inc. (NYSE:PWR) by 94.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 198 shares of the construction company’s stock after selling 3,475 shares during the period. Ameritas Advisory Services LLC’s holdings in Quanta Services were worth $82,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank bought a new stake in shares of Quanta Services in the second quarter worth about $675,802,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Quanta Services by 57.2% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock worth $917,009,000 after acquiring an additional 882,209 shares in the last quarter. Select Equity Group L.P. boosted its position in shares of Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock valued at $384,554,000 after acquiring an additional 416,395 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Quanta Services by 1.9% in the second quarter. Vanguard Group Inc. now owns 17,756,682 shares of the construction company’s stock valued at $6,713,446,000 after purchasing an additional 339,383 shares in the last quarter. Finally, DAVENPORT & Co LLC bought a new stake in Quanta Services in the third quarter worth $97,080,000. Institutional investors own 90.49% of the company’s stock.

Quanta Services Trading Up 6.5%

PWR opened at $553.15 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.30 and a current ratio of 1.34. The stock’s 50 day moving average price is $462.27 and its 200-day moving average price is $432.61. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $554.64. The stock has a market cap of $82.49 billion, a price-to-earnings ratio of 81.95, a P/E/G ratio of 2.52 and a beta of 1.15.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.74% and a net margin of 3.74%.The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. During the same quarter in the previous year, the business earned $2.94 EPS. Quanta Services’s 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. On average, equities analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PWR. Weiss Ratings raised shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Evercore lifted their price target on Quanta Services from $410.00 to $480.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Citigroup upped their price objective on Quanta Services from $526.00 to $540.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Jefferies Financial Group lowered their price objective on Quanta Services from $517.00 to $506.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Finally, JPMorgan Chase & Co. raised Quanta Services from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $457.00 to $515.00 in a research report on Monday, December 8th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $464.15.

Quanta Services News Summary

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

• Positive Sentiment: Q4 results beat expectations: Q4 revenue of $7.84B and adjusted EPS of $3.16 topped consensus, driven by strength in Electric Infrastructure. Higher-than-expected revenue and margin metrics validate topline momentum. PR Newswire: Q4 and FY 2025 Results
• Positive Sentiment: Bigger, more visible backlog: year-end total backlog ~ $44.0B (all‑time highs in Electric segment), improving revenue visibility and supporting multi‑year growth expectations. PR Newswire: Backlog
• Positive Sentiment: Bullish FY2026 guidance: management raised guidance to adjusted EPS $12.65–$13.35 and revenue ~$33.25–$33.75B, both above Street expectations — implies >20% EPS growth and is a primary catalyst for the rally. Company Guidance (see earnings release)
• Positive Sentiment: Strong cash generation and record full‑year metrics: robust adjusted EBITDA, operating cash flow and free cash flow figures support quality of earnings and potential returns to shareholders. PR Newswire: Cash Flow & Metrics
• Neutral Sentiment: Management commentary was upbeat on the earnings call and highlights accelerating grid buildout and large-load utility programs; transcript available for details. Earnings Call Transcript
• Neutral Sentiment: Strategic tuck‑in acquisitions (Tri‑City, Wilson, Billings) expand electrical capabilities and support utility programs — positive for long-term growth but incremental near-term impact. QuiverQuant: Results & Acquisitions
• Negative Sentiment: Notable insider selling and some large institutional reductions were flagged in data feeds — these flows can create short‑term selling pressure even amid positive fundamentals. QuiverQuant: Insider & Institution Activity

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.