Westwood Wealth Management Invests $2.60 Million in Quanta Services, Inc. $PWR

Westwood Wealth Management purchased a new stake in shares of Quanta Services, Inc. (NYSE:PWR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,169 shares of the construction company’s stock, valued at approximately $2,604,000. Quanta Services accounts for 2.0% of Westwood Wealth Management’s holdings, making the stock its 13th biggest position.

A number of other large investors have also added to or reduced their stakes in PWR. Signaturefd LLC raised its position in Quanta Services by 4.2% in the fourth quarter. Signaturefd LLC now owns 3,987 shares of the construction company’s stock worth $1,683,000 after acquiring an additional 161 shares during the period. Princeton Global Asset Management LLC increased its stake in shares of Quanta Services by 0.8% during the 4th quarter. Princeton Global Asset Management LLC now owns 35,644 shares of the construction company’s stock worth $15,044,000 after purchasing an additional 284 shares during the last quarter. Savvy Advisors Inc. raised its holdings in shares of Quanta Services by 179.8% in the 4th quarter. Savvy Advisors Inc. now owns 3,685 shares of the construction company’s stock worth $1,555,000 after purchasing an additional 2,368 shares during the period. Stratos Wealth Partners LTD. lifted its stake in Quanta Services by 1.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 35,708 shares of the construction company’s stock valued at $15,071,000 after purchasing an additional 627 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Quanta Services by 504.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,806 shares of the construction company’s stock valued at $762,000 after purchasing an additional 1,507 shares during the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Trading Down 4.9%

NYSE:PWR opened at $545.27 on Friday. Quanta Services, Inc. has a 1 year low of $227.08 and a 1 year high of $583.73. The stock’s fifty day moving average price is $528.41 and its two-hundred day moving average price is $464.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The company has a market cap of $81.58 billion, a P/E ratio of 80.19, a P/E/G ratio of 2.61 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. The company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have issued reports on PWR. TD Cowen raised their target price on Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Evercore reaffirmed an “outperform” rating and set a $604.00 price target on shares of Quanta Services in a research report on Friday, February 20th. DA Davidson lifted their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Robert W. Baird boosted their price objective on Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. 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 report on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $576.55.

About Quanta Services

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.