KLP Kapitalforvaltning AS Sells 4,200 Shares of Quanta Services, Inc. $PWR

KLP Kapitalforvaltning AS reduced its position in Quanta Services, Inc. (NYSE:PWR) by 4.2% in the 4th quarter, Holdings Channel reports. The firm owned 96,100 shares of the construction company’s stock after selling 4,200 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Quanta Services were worth $40,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. M&T Bank Corp raised its stake in Quanta Services by 371.0% during the fourth quarter. M&T Bank Corp now owns 48,045 shares of the construction company’s stock worth $20,278,000 after acquiring an additional 37,844 shares in the last quarter. Clarity Financial LLC raised its stake in Quanta Services by 12.9% during the fourth quarter. Clarity Financial LLC now owns 1,532 shares of the construction company’s stock worth $647,000 after acquiring an additional 175 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Quanta Services by 33.8% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 144,397 shares of the construction company’s stock worth $61,121,000 after acquiring an additional 36,513 shares in the last quarter. TABR Capital Management LLC acquired a new position in Quanta Services during the fourth quarter worth $220,000. Finally, Novem Group raised its stake in Quanta Services by 2.3% during the fourth quarter. Novem Group now owns 1,151 shares of the construction company’s stock worth $486,000 after acquiring an additional 26 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on PWR. TD Cowen increased their price objective on Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Stifel Nicolaus increased their price objective on Quanta Services from $647.00 to $654.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Robert W. Baird increased their price objective on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Roth Mkm increased their price objective on Quanta Services from $600.00 to $650.00 and gave the stock a “buy” rating in a research note on Monday, April 6th. Finally, BNP Paribas Exane began coverage on Quanta Services in a research note on Tuesday, April 14th. They set a “neutral” rating for the company. Eighteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Quanta Services has a consensus rating of “Moderate Buy” and an average target price of $599.00.

Quanta Services Stock Performance

Shares of NYSE:PWR opened at $606.31 on Wednesday. Quanta Services, Inc. has a twelve month low of $254.98 and a twelve month high of $611.64. The firm has a market cap of $90.98 billion, a PE ratio of 89.16, a price-to-earnings-growth ratio of 2.75 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 fifty day moving average of $562.74 and a 200-day moving average of $488.01.

Quanta Services (NYSE:PWR) last announced its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share 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 company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. During the same period last year, the company posted $2.94 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts predict that Quanta Services, Inc. will post 11.94 EPS for the current fiscal year.

Quanta Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd were paid a $0.11 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Truist raised its price target on PWR from $643 to $713 and maintained a Buy, signaling roughly ~18% upside from recent levels and providing an analyst-led catalyst for the stock. Truist raises price target (Benzinga) Truist raises price target (The Fly)
• Positive Sentiment: Zacks highlights PWR as a strong momentum stock, pointing to favorable style scores that may attract momentum-focused flows and help sustain the recent rally. Here’s Why Quanta Services (PWR) is a Strong Momentum Stock
• Positive Sentiment: Zacks and other coverage note Quanta’s history of beating estimates and say the company has the setup to beat again in the next report — reinforcing investor expectations after the recent quarterly beat and raised FY26 guidance. Will Quanta Services (PWR) Beat Estimates Again
• Positive Sentiment: An earnings preview from Barchart flags an expected double-digit rise in Q1 profit, supporting the market’s upbeat stance ahead of results and helping justify current multiples. Quanta Services Earnings Preview: What to Expect
• Positive Sentiment: InsiderMonkey/Carillon commentary highlights Quanta’s solid execution in Q1, noting operational strength within mid-cap infrastructure peers — a signal that fundamentals are supporting the share move. Quanta Services (PWR) Gains from Solid Execution
• Neutral Sentiment: EMCOR vs. Quanta comparative pieces evaluate which infrastructure name is the better buy amid a multi-year capex cycle; useful for relative-value investors but not an immediate stock-specific catalyst. EMCOR vs. Quanta: Which Infrastructure Stock is the Better Buy Now?
• Neutral Sentiment: KeyCorp coverage and other analyst notes are monitoring Q2 outlook and guidance sensitivity; these updates keep attention on forward guidance but so far are informational rather than negative. KeyCorp Weighs in on Quanta Services’ Q2 Earnings (NYSE:PWR)

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.