Quanta Services, Inc. $PWR Stock Position Increased by XXI Wealth LLC

XXI Wealth LLC boosted its position in Quanta Services, Inc. (NYSE:PWR) by 221.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,566 shares of the construction company’s stock after purchasing an additional 1,079 shares during the quarter. XXI Wealth LLC’s holdings in Quanta Services were worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC boosted its stake in shares of Quanta Services by 70.4% during the 2nd quarter. Cornerstone Financial Management LLC now owns 46 shares of the construction company’s stock worth $33,000 after purchasing an additional 19 shares during the last quarter. Boreal Capital Management LLC acquired a new position in shares of Quanta Services in the first quarter valued at approximately $27,000. JNBA Financial Advisors raised its position in shares of Quanta Services by 1,733.3% in the second quarter. JNBA Financial Advisors now owns 55 shares of the construction company’s stock valued at $40,000 after buying an additional 52 shares during the last quarter. Brown Lisle Cummings Inc. lifted its stake in shares of Quanta Services by 825.0% during the first quarter. Brown Lisle Cummings Inc. now owns 74 shares of the construction company’s stock valued at $41,000 after buying an additional 66 shares during the period. Finally, Markowski Investments purchased a new position in shares of Quanta Services during the second quarter valued at approximately $55,000. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PWR has been the topic of a number of analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and set a $714.00 target price on shares of Quanta Services in a research report on Tuesday, July 21st. Guggenheim upgraded Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 price target for the company in a report on Friday, July 31st. TD Cowen increased their price target on Quanta Services from $775.00 to $785.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Wall Street Zen cut Quanta Services from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. Finally, Weiss Ratings raised Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, October 13th. Twenty-three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Quanta Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $761.24.

Quanta Services Trading Down 1.0%

Shares of PWR stock traded down $5.55 during trading hours on Friday, hitting $546.89. 1,620,771 shares of the company were exchanged, compared to its average volume of 1,055,948. The firm has a market cap of $82.22 billion, a PE ratio of 62.64, a PEG ratio of 1.63 and a beta of 1.27. Quanta Services, Inc. has a 1 year low of $408.36 and a 1 year high of $788.75. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The firm has a fifty day moving average of $640.38 and a 200 day moving average of $663.20.

Quanta Services (NYSE:PWR) last released its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The business had revenue of $9.56 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same period last year, the company earned $2.48 earnings per share. The company’s quarterly revenue was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Analysts expect that Quanta Services, Inc. will post 15.37 earnings per share for the current year.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, October 1st. Quanta Services’s dividend payout ratio (DPR) is 5.04%.

Quanta Services News Summary

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

• Positive Sentiment: Exposure to grid modernization and AI infrastructure: Polen Capital highlighted Quanta Services as a beneficiary of long-term investment in power-grid modernization and infrastructure supporting artificial intelligence. This supports the bullish view that demand for the company’s engineering and construction services can remain strong. Quanta Services, Inc. (PWR) Offers Exposure to Grid Modernization and AI Infrastructure
• Positive Sentiment: Potential earnings beat: Zacks said Quanta has factors supporting a possible earnings beat in its upcoming quarterly report, including favorable earnings expectations and its Earnings ESP indicator. A stronger-than-expected result or outlook could help stabilize the shares. Quanta Services Earnings Expected to Grow
• Neutral Sentiment: Earnings are the next major catalyst: Quanta is scheduled to report results on Thursday, making revenue, margins, backlog and forward guidance particularly important after the recent share-price weakness. Quanta Services Set to Post Earnings on Thursday
• Neutral Sentiment: Analysts are also screening Quanta among construction companies that could beat quarterly estimates, reinforcing the possibility of a positive earnings surprise but offering no new company-specific results. Construction Stocks That Could Beat Earnings
• Negative Sentiment: Broad selloff and bearish options positioning: PWR declined substantially in the latest session, while unusually high put-option activity suggests traders are hedging against—or speculating on—additional downside. The move may also reflect profit-taking and concern that the stock’s premium valuation leaves little room for disappointment. Traders Buy High Volume of Quanta Services Put Options

Quanta Services Profile

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.