CenterBook Partners LP Has $967,000 Stake in Quanta Services, Inc. $PWR

CenterBook Partners LP cut its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 41.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,333 shares of the construction company’s stock after selling 1,672 shares during the quarter. CenterBook Partners LP’s holdings in Quanta Services were worth $967,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Quanta Services in the fourth quarter valued at about $298,000. Woodline Partners LP grew its stake in Quanta Services by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock valued at $3,170,000 after buying an additional 3,606 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in Quanta Services by 62.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 162 shares of the construction company’s stock valued at $61,000 after acquiring an additional 62 shares during the period. Exencial Wealth Advisors LLC acquired a new stake in Quanta Services during the second quarter worth approximately $268,000. Finally, TFB Advisors LLC bought a new stake in shares of Quanta Services during the second quarter worth approximately $235,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Argus set a $540.00 price target on Quanta Services in a report on Friday, October 31st. Cantor Fitzgerald lifted their target price on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings raised shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. upgraded shares of Quanta Services from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $457.00 to $515.00 in a research note on Monday, December 8th. Finally, Jefferies Financial Group decreased their target price on shares of Quanta Services from $517.00 to $506.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Quanta Services currently has an average rating of “Moderate Buy” and a consensus target price of $525.85.

Quanta Services Price Performance

PWR stock opened at $552.59 on Friday. The company’s 50-day moving average price is $464.58 and its two-hundred day moving average price is $433.72. The firm has a market cap of $82.40 billion, a P/E ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15. The company has a quick ratio of 1.30, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $565.93.

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

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
• Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
• Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
• Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
• Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.

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.