Morse Asset Management Inc boosted its position in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) by 727.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,365 shares of the construction company’s stock after purchasing an additional 1,200 shares during the period. Morse Asset Management Inc’s holdings in Quanta Services were worth $576,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PWR. Vanguard Group Inc. boosted its stake in shares of Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock valued at $7,519,079,000 after buying an additional 386,937 shares during the period. State Street Corp boosted its stake in shares of Quanta Services by 1.2% during the 3rd quarter. State Street Corp now owns 6,080,747 shares of the construction company’s stock valued at $2,519,983,000 after buying an additional 73,460 shares during the period. Bank of America Corp DE boosted its stake in shares of Quanta Services by 35.6% during the 3rd 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 buying an additional 765,822 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Quanta Services by 8.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,156,578 shares of the construction company’s stock valued at $893,139,000 after buying an additional 174,083 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Quanta Services by 5.4% during the 3rd quarter. Invesco Ltd. now owns 1,805,239 shares of the construction company’s stock valued at $748,127,000 after buying an additional 93,290 shares during the period. 90.49% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on PWR shares. UBS Group lifted their target price on shares of Quanta Services from $646.00 to $900.00 and gave the company a “buy” rating in a research note on Monday. Mizuho lifted their target price on shares of Quanta Services from $580.00 to $693.00 and gave the company a “neutral” rating in a research note on Friday. The Goldman Sachs Group lifted their target price on shares of Quanta Services from $685.00 to $826.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial set a $851.00 target price on shares of Quanta Services in a research note on Friday. Finally, B. Riley Financial reissued a “neutral” rating on shares of Quanta Services in a research note on Friday. Eighteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $678.00.
Quanta Services Stock Up 2.1%
Quanta Services stock opened at $757.96 on Tuesday. The firm has a market cap of $113.74 billion, a price-to-earnings ratio of 103.97, a P/E/G ratio of 3.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services, Inc. has a fifty-two week low of $315.00 and a fifty-two week high of $763.11. The firm has a fifty day moving average price of $578.99 and a two-hundred day moving average price of $498.52.
Quanta Services (NYSE:PWR – Get Free Report) last released its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The business’s revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, analysts forecast that Quanta Services, Inc. will post 11.97 earnings per share for the current year.
Quanta Services Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s payout ratio is currently 6.04%.
Key Stories Impacting Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: UBS sharply raised its price target to $900 and maintained a Buy rating, signaling sizable analyst conviction and implied upside for PWR. Article Title
- Positive Sentiment: Goldman Sachs raised its price target to $826 and kept a Buy rating, reinforcing institutional bullishness that can support further share gains. Article Title
- Positive Sentiment: TD Cowen boosted its price target and issued a positive forecast for Quanta, adding another reputable shop to the list of recent upgrades. Analyst momentum is a clear near‑term catalyst. Article Title
- Positive Sentiment: Jim Cramer and other outlets are highlighting Quanta as an “obvious winner” in the electric‑grid/AI infrastructure buildout, which can draw retail and momentum buying. Article Title
- Positive Sentiment: Consensus analyst coverage sits around “Moderate Buy,” reinforcing the market’s constructive view after Quanta’s recent strong quarter and raised FY‑2026 guidance. Article Title
- Neutral Sentiment: Sector context — coverage on how AI data centers are reshaping power demand highlights a structural tailwind for companies that build and upgrade grid and power infrastructure; this supports Quanta’s longer‑term revenue opportunity but timing/scale vary. Article Title
- Neutral Sentiment: Long‑term bullish pieces (The Motley Fool, Zacks) reiterate Quanta’s growth story and record results commentary; constructive for sentiment but less immediate as share‑price catalysts versus analyst upgrades. Article Title Article Title
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.
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