Quanta Services, Inc. $PWR Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its holdings in Quanta Services, Inc. (NYSE:PWR) by 13.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,354 shares of the construction company’s stock after selling 3,802 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Quanta Services were worth $10,507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Quanta Services in the second quarter valued at about $675,802,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Quanta Services by 57.2% during the second 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 buying an additional 882,209 shares during the last quarter. Select Equity Group L.P. increased its position in Quanta Services by 69.3% in 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 period. Vanguard Group Inc. raised its stake in Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock valued at $7,519,079,000 after acquiring an additional 386,937 shares during the last quarter. Finally, DAVENPORT & Co LLC acquired a new stake in shares of Quanta Services during the third quarter worth $97,080,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PWR. DA Davidson upped their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Sanford C. Bernstein raised their target price on Quanta Services from $471.00 to $515.00 and gave the company a “market perform” rating in a report on Tuesday, February 24th. Weiss Ratings upgraded shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Roth Mkm reiterated a “buy” rating and issued a $600.00 price target on shares of Quanta Services in a report on Friday, February 20th. Finally, Cantor Fitzgerald raised their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $576.55.

Quanta Services Stock Down 1.6%

PWR opened at $540.58 on Monday. 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 company has a market cap of $80.88 billion, a price-to-earnings ratio of 79.50, a PEG ratio of 2.46 and a beta of 1.10. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $573.97. The business’s fifty day moving average is $490.60 and its two-hundred day moving average is $446.91.

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

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.