World Investment Advisors Acquires 788 Shares of Quanta Services, Inc. $PWR

World Investment Advisors boosted its holdings in Quanta Services, Inc. (NYSE:PWR) by 12.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,969 shares of the construction company’s stock after acquiring an additional 788 shares during the quarter. World Investment Advisors’ holdings in Quanta Services were worth $2,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in shares of Quanta Services during the 2nd quarter valued at $26,000. Activest Wealth Management lifted its holdings in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of Quanta Services during the 4th quarter valued at $28,000. Cornerstone Planning Group LLC lifted its holdings in shares of Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after buying an additional 49 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Quanta Services during the 4th quarter valued at $34,000. 90.49% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Quanta Services news, CEO Earl C. Jr. Austin sold 25,992 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total value of $20,032,294.32. Following the completion of the sale, the chief executive officer owned 16,508 shares in the company, valued at approximately $12,722,880.68. This represents a 61.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Paul Nobel sold 4,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $756.98, for a total value of $3,027,920.00. Following the completion of the sale, the chief accounting officer owned 8,080 shares of the company’s stock, valued at $6,116,398.40. The trade was a 33.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 159,992 shares of company stock valued at $123,244,714 in the last quarter. 0.60% of the stock is currently owned by company insiders.

Quanta Services Trading Down 1.3%

NYSE:PWR opened at $769.63 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a market capitalization of $115.49 billion, a price-to-earnings ratio of 105.57, a price-to-earnings-growth ratio of 2.68 and a beta of 1.24. Quanta Services, Inc. has a one year low of $320.56 and a one year high of $788.75. The business has a fifty day moving average price of $616.07 and a 200-day moving average price of $519.19.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, topping the consensus estimate 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 return on equity of 18.64% and a net margin of 3.67%.Quanta Services’s revenue was up 26.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Sell-side analysts forecast that Quanta Services, Inc. will post 12.84 EPS for the current year.

Quanta Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services’s dividend payout ratio is presently 6.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wolfe Research increased their price target on Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Jefferies Financial Group increased their price target on Quanta Services from $654.00 to $857.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings cut Quanta Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. UBS Group increased their price target on Quanta Services from $646.00 to $900.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, DA Davidson upped their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Quanta Services presently has a consensus rating of “Moderate Buy” and an average price target of $708.05.

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.