1,357 Shares in Quanta Services, Inc. $PWR Acquired by Buffalo Business & Estate Services Ltd.

Buffalo Business & Estate Services Ltd. acquired a new stake in shares of Quanta Services, Inc. (NYSE:PWR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,357 shares of the construction company’s stock, valued at approximately $573,000.

A number of other large investors have also recently modified their holdings of the business. Sunburst Financial Group LLC increased its stake in shares of Quanta Services by 2.0% in the 4th quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company’s stock valued at $484,000 after purchasing an additional 22 shares during the last quarter. Rothschild Investment LLC boosted its stake in Quanta Services by 2.8% in the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock valued at $352,000 after buying an additional 23 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in Quanta Services by 0.5% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock valued at $1,968,000 after acquiring an additional 23 shares during the last quarter. Wealth Alliance LLC grew its position in Quanta Services by 1.4% in the third quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock valued at $678,000 after acquiring an additional 23 shares during the last quarter. Finally, Petros Family Wealth LLC raised its stake in Quanta Services by 2.2% during the third quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company’s stock worth $456,000 after acquiring an additional 24 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Analyst Ratings Changes

PWR has been the topic of a number of research analyst reports. TD Cowen raised their price target 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. Evercore upped their price objective on shares of Quanta Services from $604.00 to $635.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. BMO Capital Markets upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and raised their target price for the company from $600.00 to $650.00 in a research report on Friday, March 27th. Mizuho boosted their target price on shares of Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a research note on Monday, March 30th. Finally, Sanford C. Bernstein upped their price target on shares of Quanta Services from $515.00 to $538.00 in a report on Wednesday, April 1st. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $593.23.

Quanta Services Trading Up 0.1%

NYSE PWR opened at $561.15 on Monday. The firm has a market capitalization of $83.96 billion, a PE ratio of 82.52, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The business’s 50-day moving average price is $538.58 and its two-hundred day moving average price is $472.71. The company has a current ratio of 1.14, a quick ratio of 1.09 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 $583.73.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same period last year, the company earned $2.94 earnings per share. The firm’s revenue 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. On average, analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Quanta Services’s dividend payout ratio is currently 6.47%.

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.