Quanta Services, Inc. $PWR Stake Boosted by Guided Capital Wealth Management LLC

Guided Capital Wealth Management LLC boosted its stake in shares of Quanta Services, Inc. (NYSE:PWR) by 65.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,459 shares of the construction company’s stock after buying an additional 2,962 shares during the period. Quanta Services comprises 2.2% of Guided Capital Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. Guided Capital Wealth Management LLC’s holdings in Quanta Services were worth $3,148,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Activest Wealth Management increased its position in shares of Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after acquiring an additional 32 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Quanta Services in the 2nd quarter valued at approximately $26,000. Cornerstone Planning Group LLC boosted its stake in Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after purchasing an additional 49 shares during the period. Texas Capital Bancshares Inc TX purchased a new position in Quanta Services during the 3rd quarter worth approximately $38,000. Finally, GPS Wealth Strategies Group LLC purchased a new position in Quanta Services during the 3rd quarter worth approximately $38,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PWR shares. The Goldman Sachs Group increased their target price on Quanta Services from $495.00 to $685.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Stifel Nicolaus set a $647.00 price target on Quanta Services in a research report on Monday, February 23rd. Evercore reissued an “outperform” rating and issued a $604.00 price objective on shares of Quanta Services in a research note on Friday, February 20th. Mizuho raised their price objective on Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, TD Cowen upped their target price on Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Eighteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $589.86.

Quanta Services Trading Up 2.8%

NYSE PWR opened at $548.70 on Wednesday. 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 1-year low of $227.08 and a 1-year high of $583.73. The firm’s fifty day simple moving average is $533.11 and its 200-day simple moving average is $468.88. The company has a market capitalization of $82.10 billion, a PE ratio of 80.69, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10.

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. 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 during the quarter, compared to analysts’ expectations of $7.38 billion. During the same quarter last year, the firm earned $2.94 earnings per share. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, sell-side analysts anticipate that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

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

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.