Sarasin & Partners LLP Sells 4,683 Shares of Quanta Services, Inc. $PWR

Sarasin & Partners LLP trimmed its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 19.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,104 shares of the construction company’s stock after selling 4,683 shares during the quarter. Sarasin & Partners LLP’s holdings in Quanta Services were worth $8,063,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC increased its stake in Quanta Services by 2.8% during the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock worth $352,000 after acquiring an additional 23 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Quanta Services by 0.5% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock valued at $1,968,000 after purchasing an additional 23 shares during the last quarter. Wealth Alliance LLC boosted its holdings in shares of Quanta Services by 1.4% in the 3rd quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock worth $678,000 after purchasing an additional 23 shares during the period. Petros Family Wealth LLC lifted its position in Quanta Services by 2.2% in the third quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company’s stock worth $456,000 after buying an additional 24 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its stake in shares of Quanta Services by 15.2% during the 3rd quarter. Montag A & Associates Inc. now owns 182 shares of the construction company’s stock worth $75,000 after purchasing an additional 24 shares during the period. Institutional investors own 90.49% of the company’s stock.

Quanta Services Stock Down 3.8%

Shares of Quanta Services stock opened at $555.73 on Friday. Quanta Services, Inc. has a 1 year low of $227.08 and a 1 year high of $583.73. 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 stock has a market cap of $83.15 billion, a price-to-earnings ratio of 81.72, a PEG ratio of 2.52 and a beta of 1.10. The firm’s 50-day moving average is $518.34 and its two-hundred day moving average is $459.56.

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

Quanta Services Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently commented on PWR. Cantor Fitzgerald upped their target price on Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. TD Cowen upped their price objective on Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Argus lifted their target price on Quanta Services from $540.00 to $650.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Roth Mkm restated a “buy” rating and issued a $600.00 price target on shares of Quanta Services in a report on Friday, February 20th. Finally, Bank of America raised their price target on shares of Quanta Services from $500.00 to $610.00 and gave the stock a “buy” rating in a research note 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, Quanta Services presently has a consensus rating of “Moderate Buy” and a consensus target price 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.