Blair William & Co. IL Has $16.31 Million Position in Quanta Services, Inc. $PWR

Blair William & Co. IL boosted its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 6.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,345 shares of the construction company’s stock after buying an additional 2,210 shares during the period. Blair William & Co. IL’s holdings in Quanta Services were worth $16,305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in Quanta Services in the 2nd quarter worth about $26,000. Activest Wealth Management lifted its holdings 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 valued at $27,000 after buying an additional 32 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after buying an additional 49 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in Quanta Services in the second quarter worth approximately $37,000. Finally, Berbice Capital Management LLC bought a new position in Quanta Services during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PWR shares. TD Cowen lifted their price objective on shares of Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Mizuho raised their target price on Quanta Services from $424.00 to $537.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Argus boosted their price target on Quanta Services from $540.00 to $650.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Cantor Fitzgerald upped their price target on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Finally, UBS Group increased their price objective on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a report on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $576.55.

Quanta Services Trading Down 1.6%

Shares of PWR opened at $540.58 on Monday. The stock’s 50-day moving average price is $490.60 and its 200 day moving average price is $446.91. 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 market capitalization of $80.88 billion, a price-to-earnings ratio of 79.50, a P/E/G ratio of 2.46 and a beta of 1.10. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $573.97.

Quanta Services (NYSE:PWR) last announced its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 EPS 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 return on equity of 18.10% and a net margin of 3.61%.The company’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, research analysts predict that Quanta Services, Inc. will post 9.34 earnings per share for the current 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.