Quanta Services, Inc. $PWR Stock Position Lifted by Tema Etfs LLC

Tema Etfs LLC raised its stake in Quanta Services, Inc. (NYSE:PWR) by 48.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,720 shares of the construction company’s stock after buying an additional 10,640 shares during the quarter. Quanta Services accounts for about 1.1% of Tema Etfs LLC’s holdings, making the stock its 13th biggest position. Tema Etfs LLC’s holdings in Quanta Services were worth $13,810,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PWR. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Quanta Services by 57.2% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock worth $917,009,000 after acquiring an additional 882,209 shares during the last quarter. Bank of America Corp DE boosted its position in Quanta Services by 35.6% during the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock valued at $1,208,672,000 after purchasing an additional 765,822 shares during the last quarter. Select Equity Group L.P. grew its stake in Quanta Services by 69.3% in the second quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock valued at $384,554,000 after purchasing an additional 416,395 shares in the last quarter. Vanguard Group Inc. increased its position in Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after purchasing an additional 386,937 shares during the last quarter. Finally, DAVENPORT & Co LLC purchased a new stake in shares of Quanta Services during the 3rd quarter worth about $97,080,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Analysts Set New Price Targets

PWR has been the subject of several research reports. Truist Financial reiterated a “buy” rating and set a $643.00 price target (up from $548.00) on shares of Quanta Services in a report on Friday, February 20th. DA Davidson raised their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. The Goldman Sachs Group lifted their target price on shares of Quanta Services from $495.00 to $685.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Roth Mkm restated a “buy” rating and set a $600.00 price target on shares of Quanta Services in a research note on Friday, February 20th. Finally, Stifel Nicolaus set a $647.00 price target on shares of Quanta Services in a report on Monday, February 23rd. Eighteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $592.32.

Quanta Services News Roundup

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Evercore raised its price target to $635 and kept an “outperform” rating, signaling strong buy-side conviction and providing upside to the consensus. Evercore Raises PT to $635
• Positive Sentiment: Multiple bullish features/analyses position Quanta as a long-term infrastructure/energy transition winner, highlighting its role in electrification, grid upgrades and energy infrastructure. Infrastructure Trade Of The Decade
• Positive Sentiment: Zacks and other coverage highlight data centers and AI-related power demand as an accelerating growth pillar for Quanta, backed by a record backlog (~$44B) and strong 2025 revenue — suggesting durable secular tailwinds. Data Centers Growth Theme
• Positive Sentiment: Mizuho and other analysts reiterated constructive views or said the stock is likely to rise, adding independent support to the bullish narrative. Mizuho Analyst Comment
• Positive Sentiment: Recent earnings showed a beat, revenue growth (~+20% YoY last quarter) and FY2026 EPS guidance (12.65–13.35), which underpin the current valuation and positive analyst moves.
• Neutral Sentiment: Quanta hosted Investor Day with slides and a transcript outlining strategy and long-term targets — useful for judging execution but not an immediate catalyst by itself. Investor Day Slideshow Investor Day Transcript Investor Day PR
• Neutral Sentiment: Recent tape notes and media coverage report the stock has risen in recent sessions but still “lags the market” in some short-term comparisons — context for momentum but not a directional driver. Rises Yet Lags Market MarketWatch Note
• Negative Sentiment: Sanford C. Bernstein raised its target to $538, which still implies downside versus the current price — a reminder that not all analysts are aligned on valuation and some see limited near-term upside. Bernstein PT to $538

Quanta Services Stock Up 2.2%

PWR opened at $560.84 on Thursday. The firm has a market cap of $83.91 billion, a P/E ratio of 82.48, a price-to-earnings-growth ratio of 2.49 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. The business has a 50 day moving average price of $534.88 and a 200 day moving average price of $469.53. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $583.73.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter last year, the company posted $2.94 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, April 2nd will be issued a $0.11 dividend. 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 (DPR) is 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.