Trivium Point Advisory LLC Has $3.36 Million Stake in Quanta Services, Inc. $PWR

Trivium Point Advisory LLC lessened its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 40.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,110 shares of the construction company’s stock after selling 5,598 shares during the period. Trivium Point Advisory LLC’s holdings in Quanta Services were worth $3,361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PWR. Brighton Jones LLC bought a new position in Quanta Services during the 4th quarter worth $298,000. Woodline Partners LP lifted its holdings in shares of Quanta Services by 40.7% during the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock worth $3,170,000 after acquiring an additional 3,606 shares during the period. World Investment Advisors boosted its position in shares of Quanta Services by 612.5% during the 2nd quarter. World Investment Advisors now owns 5,871 shares of the construction company’s stock worth $2,220,000 after acquiring an additional 5,047 shares in the last quarter. Premier Path Wealth Partners LLC increased its stake in Quanta Services by 4.0% in the second quarter. Premier Path Wealth Partners LLC now owns 1,112 shares of the construction company’s stock valued at $421,000 after acquiring an additional 43 shares during the last quarter. Finally, Assetmark Inc. raised its position in Quanta Services by 29.7% during the second quarter. Assetmark Inc. now owns 5,235 shares of the construction company’s stock valued at $1,979,000 after purchasing an additional 1,200 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Sanford C. Bernstein raised their price target on shares of Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. raised their target price on shares of Quanta Services from $515.00 to $627.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $647.00 target price on shares of Quanta Services in a research note on Monday. UBS Group raised their price objective on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a 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. Sixteen 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $562.95.

Quanta Services Trading Down 0.4%

NYSE PWR opened at $563.06 on Friday. The firm has a market capitalization of $84.25 billion, a PE ratio of 82.80, a price-to-earnings-growth ratio of 2.58 and a beta of 1.15. The business’s 50-day moving average price is $478.04 and its two-hundred day moving average price is $439.79. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $573.94.

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

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.