Ausdal Financial Partners Inc. Increases Holdings in Quanta Services, Inc. $PWR

Ausdal Financial Partners Inc. increased its position in Quanta Services, Inc. (NYSE:PWR) by 130.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,033 shares of the construction company’s stock after acquiring an additional 1,716 shares during the period. Ausdal Financial Partners Inc.’s holdings in Quanta Services were worth $1,257,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PWR. Brighton Jones LLC purchased a new stake in Quanta Services during the fourth quarter worth $298,000. Woodline Partners LP increased its position in shares of Quanta Services by 40.7% in the first 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 in the last quarter. Advisors Capital Management LLC raised its stake in shares of Quanta Services by 44.9% during the 2nd quarter. Advisors Capital Management LLC now owns 1,472 shares of the construction company’s stock worth $557,000 after buying an additional 456 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Quanta Services by 7.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,347 shares of the construction company’s stock worth $13,742,000 after buying an additional 2,590 shares in the last quarter. Finally, Creative Planning grew its stake in Quanta Services by 29.2% in the 2nd quarter. Creative Planning now owns 39,931 shares of the construction company’s stock valued at $15,097,000 after acquiring an additional 9,026 shares during the last quarter. 90.49% of the stock is owned by institutional investors and hedge funds.

Quanta Services Price Performance

Quanta Services stock opened at $574.81 on Tuesday. The stock has a market capitalization of $86.00 billion, a P/E ratio of 84.53, a P/E/G ratio of 2.54 and a beta of 1.10. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $576.86. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The firm’s 50-day moving average is $507.05 and its two-hundred day moving average is $454.73.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on PWR shares. Sanford C. Bernstein lifted their target price on shares of Quanta Services from $471.00 to $515.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 24th. Mizuho increased their price target on shares of Quanta Services from $424.00 to $537.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Argus raised their price objective on shares of Quanta Services from $540.00 to $650.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Robert W. Baird upped their target price on Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, Stifel Nicolaus set a $647.00 target price on Quanta Services in a report on Monday, February 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $576.55.

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.