SG Americas Securities LLC Increases Holdings in Quanta Services, Inc. $PWR

SG Americas Securities LLC lifted its holdings in Quanta Services, Inc. (NYSE:PWR) by 1,121.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,295 shares of the construction company’s stock after acquiring an additional 68,210 shares during the period. SG Americas Securities LLC’s holdings in Quanta Services were worth $31,357,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its position in shares of Quanta Services by 1.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,208 shares of the construction company’s stock worth $2,198,000 after acquiring an additional 97 shares during the last quarter. Diversified Trust Co. increased its holdings in Quanta Services by 22.7% in the 4th quarter. Diversified Trust Co. now owns 6,717 shares of the construction company’s stock valued at $2,835,000 after acquiring an additional 1,244 shares during the last quarter. 180 Wealth Advisors LLC lifted its stake in Quanta Services by 19.3% in the 4th quarter. 180 Wealth Advisors LLC now owns 2,245 shares of the construction company’s stock worth $947,000 after purchasing an additional 363 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in Quanta Services by 5.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,344 shares of the construction company’s stock worth $2,677,000 after purchasing an additional 322 shares in the last quarter. Finally, Tompkins Financial Corp boosted its holdings in shares of Quanta Services by 4.9% during the 4th quarter. Tompkins Financial Corp now owns 5,933 shares of the construction company’s stock valued at $2,504,000 after purchasing an additional 277 shares during the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Stock Down 1.0%

Shares of NYSE:PWR opened at $572.91 on Thursday. The company has a market cap of $85.72 billion, a price-to-earnings ratio of 84.25, a PEG ratio of 2.63 and a beta of 1.10. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $583.73. 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 company has a 50-day moving average price of $526.45 and a 200 day moving average price of $463.74.

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

Quanta Services Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald lifted their target price on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Robert W. Baird increased their price target on Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Roth Mkm restated a “buy” rating and set a $600.00 price target on shares of Quanta Services in a report on Friday, February 20th. Evercore reaffirmed an “outperform” rating and set a $604.00 price objective on shares of Quanta Services in a report on Friday, February 20th. Finally, Argus increased their target price on Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Quanta Services has a consensus 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.