Yousif Capital Management LLC Sells 2,305 Shares of Quanta Services, Inc. $PWR

Yousif Capital Management LLC cut its stake in Quanta Services, Inc. (NYSE:PWR) by 11.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,997 shares of the construction company’s stock after selling 2,305 shares during the quarter. Yousif Capital Management LLC’s holdings in Quanta Services were worth $7,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PWR. Brighton Jones LLC bought a new stake in shares of Quanta Services in the fourth quarter worth approximately $298,000. Woodline Partners LP boosted its holdings in shares of Quanta Services by 40.7% in the first quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock worth $3,170,000 after buying an additional 3,606 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Quanta Services in the second quarter worth approximately $4,632,000. Guggenheim Capital LLC boosted its holdings in shares of Quanta Services by 7.4% in the second quarter. Guggenheim Capital LLC now owns 4,822 shares of the construction company’s stock worth $1,823,000 after buying an additional 334 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Quanta Services in the second quarter worth approximately $996,000. 90.49% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Evercore raised their price objective on shares of Quanta Services from $604.00 to $635.00 and gave the stock an “outperform” rating in a report on Wednesday, April 1st. Roth Mkm lifted their price target on shares of Quanta Services from $600.00 to $650.00 and gave the company a “buy” rating in a report on Monday. Jefferies Financial Group lifted their price target on shares of Quanta Services from $634.00 to $654.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Robert W. Baird raised their price objective on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Finally, Truist Financial restated a “buy” rating and set a $643.00 price objective (up from $548.00) on shares of Quanta Services in a research report on Friday, February 20th. Eighteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $595.50.

Quanta Services Trading Up 3.7%

NYSE PWR opened at $576.23 on Thursday. The company’s 50-day moving average price is $543.65 and its 200-day moving average price is $475.73. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The stock has a market cap of $86.22 billion, a PE ratio of 84.74, a PEG ratio of 2.55 and a beta of 1.10. Quanta Services, Inc. has a 12 month low of $241.62 and a 12 month high of $583.73.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Quanta Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.11 per share. 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 is presently 6.47%.

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.