One Wealth Capital Management LLC Makes New Investment in Quanta Services, Inc. $PWR

One Wealth Capital Management LLC purchased a new stake in Quanta Services, Inc. (NYSE:PWR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,066 shares of the construction company’s stock, valued at approximately $685,000.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers raised its position in shares of Quanta Services by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 74,134 shares of the construction company’s stock valued at $40,701,000 after buying an additional 4,087 shares during the period. State Street Corp grew its position in Quanta Services by 4.7% in the second quarter. State Street Corp now owns 6,581,807 shares of the construction company’s stock worth $4,739,164,000 after acquiring an additional 296,893 shares during the period. WINTON GROUP Ltd purchased a new position in Quanta Services in the second quarter worth approximately $1,066,000. Envestnet Asset Management Inc. grew its position in Quanta Services by 11.9% in the second quarter. Envestnet Asset Management Inc. now owns 225,059 shares of the construction company’s stock worth $162,051,000 after acquiring an additional 23,850 shares during the period. Finally, Waverly Advisors LLC increased its stake in Quanta Services by 3,275.5% during the second quarter. Waverly Advisors LLC now owns 62,953 shares of the construction company’s stock worth $45,329,000 after acquiring an additional 61,088 shares during the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Key Headlines Impacting Quanta Services

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 Stock Down 1.0%

Quanta Services stock opened at $546.89 on Friday. The company has a market capitalization of $82.22 billion, a PE ratio of 62.64, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.10. Quanta Services, Inc. has a fifty-two week low of $408.36 and a fifty-two week high of $788.75. The firm has a 50 day moving average price of $640.38 and a 200 day moving average price of $663.20.

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

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were paid a $0.11 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s payout ratio is presently 5.04%.

Analysts Set New Price Targets

A number of equities research analysts have commented on PWR shares. Morgan Stanley downgraded Quanta Services to an “underweight” rating in a research report on Monday, August 3rd. The Goldman Sachs Group set a $781.00 price target on Quanta Services in a report on Thursday. Robert W. Baird set a $728.00 price objective on Quanta Services in a research report on Friday, July 31st. Zacks Research lowered shares of Quanta Services from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, BTIG Research cut shares of Quanta Services to a “hold” rating in a research report on Friday, July 31st. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $761.24.

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.