Kestra Private Wealth Services LLC Raises Holdings in Quanta Services, Inc. $PWR

Kestra Private Wealth Services LLC increased its position in Quanta Services, Inc. (NYSE:PWR) by 11.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,409 shares of the construction company’s stock after buying an additional 1,502 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Quanta Services were worth $6,082,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in Quanta Services in the 2nd quarter valued at $26,000. Activest Wealth Management increased its holdings in Quanta Services by 94.1% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after purchasing an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Quanta Services in the 4th quarter valued at $28,000. Cornerstone Planning Group LLC increased its holdings in Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after purchasing an additional 49 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC acquired a new stake in Quanta Services in the 3rd quarter valued at $38,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Stock Performance

Shares of Quanta Services stock opened at $631.67 on Wednesday. The firm has a market cap of $94.79 billion, a PE ratio of 92.89, a price-to-earnings-growth ratio of 2.89 and a beta of 1.10. The firm’s 50-day simple moving average is $573.35 and its 200-day simple moving average is $495.07. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services, Inc. has a 1 year low of $281.17 and a 1 year high of $640.61.

Quanta Services (NYSE:PWR) last announced its quarterly earnings data 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 net margin of 3.61% and a return on equity of 18.10%. The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the prior year, the firm earned $2.94 EPS. 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. Equities analysts forecast that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

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

Analyst Ratings Changes

PWR has been the subject of several recent research reports. Mizuho increased their price target on Quanta Services from $537.00 to $580.00 and gave the company a “neutral” rating in a report on Monday, March 30th. BNP Paribas Exane initiated coverage on Quanta Services in a report on Tuesday, April 14th. They issued a “neutral” rating for the company. Jefferies Financial Group increased their price target on Quanta Services from $634.00 to $654.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Quanta Services in a report on Friday, April 10th. Finally, B. Riley Financial upped their price objective on shares of Quanta Services from $450.00 to $565.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $603.23.

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.