Quanta Services, Inc. $PWR Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in Quanta Services, Inc. (NYSE:PWR) by 8.6% in the third quarter, HoldingsChannel.com reports. The firm owned 99,015 shares of the construction company’s stock after buying an additional 7,827 shares during the quarter. Natixis Advisors LLC’s holdings in Quanta Services were worth $41,034,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PWR. Brighton Jones LLC acquired a new position in Quanta Services in the fourth quarter valued at $298,000. Woodline Partners LP lifted its holdings in shares of Quanta Services by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock valued at $3,170,000 after purchasing an additional 3,606 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in shares of Quanta Services in the 2nd quarter valued at about $213,000. Savant Capital LLC increased its position in Quanta Services by 6.4% during the second quarter. Savant Capital LLC now owns 6,606 shares of the construction company’s stock worth $2,498,000 after buying an additional 399 shares during the period. Finally, Wedbush Securities Inc. lifted its stake in Quanta Services by 5.1% in the second quarter. Wedbush Securities Inc. now owns 3,171 shares of the construction company’s stock valued at $1,199,000 after buying an additional 154 shares during the last quarter. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Stock Performance

Shares of PWR stock opened at $567.79 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $493.34 and a 200-day simple moving average of $448.24. The company has a market cap of $84.95 billion, a price-to-earnings ratio of 83.50, a price-to-earnings-growth 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 earnings per share 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 firm had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same quarter in the prior year, the company posted $2.94 earnings per share. Quanta Services’s quarterly 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. On average, equities analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current year.

Analyst Upgrades and Downgrades

PWR has been the topic of a number of recent research reports. Argus lifted their target price on shares of Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Roth Mkm restated a “buy” rating and issued a $600.00 price objective on shares of Quanta Services in a research note on Friday, February 20th. Robert W. Baird raised their price target on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a 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. Finally, Sanford C. Bernstein boosted 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. Seventeen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $576.55.

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.