American Century Companies Inc. Has $68.62 Million Stock Holdings in Quanta Services, Inc. $PWR

American Century Companies Inc. reduced its position in Quanta Services, Inc. (NYSE:PWR) by 2.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 165,588 shares of the construction company’s stock after selling 4,093 shares during the period. American Century Companies Inc. owned 0.11% of Quanta Services worth $68,623,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Activest Wealth Management grew its position in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after buying an additional 32 shares during the period. Darwin Wealth Management LLC bought a new position in Quanta Services in the second quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its holdings in Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after acquiring an additional 49 shares during the period. GPS Wealth Strategies Group LLC bought a new stake in shares of Quanta Services during the 3rd quarter valued at $38,000. Finally, Guerra Advisors Inc acquired a new position in shares of Quanta Services in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PWR. UBS Group lifted their price objective on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Cantor Fitzgerald boosted their target price on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Weiss Ratings raised Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Jefferies Financial Group lifted their price objective on shares of Quanta Services from $506.00 to $634.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, TD Cowen boosted their price objective on shares of Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a report on Monday. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $576.55.

Quanta Services Stock Up 0.5%

Shares of PWR stock opened at $568.85 on Thursday. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $573.97. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. The firm has a fifty day moving average of $486.14 and a 200-day moving average of $444.11. The company has a market capitalization of $85.11 billion, a price-to-earnings ratio of 83.65, a P/E/G ratio of 2.59 and a beta of 1.10.

Quanta Services (NYSE:PWR) last announced its 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. 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 analyst estimates of $7.38 billion. During the same period in the prior year, the business earned $2.94 EPS. The company’s revenue for the quarter 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. As a group, equities research analysts predict that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

About Quanta Services

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.