Quanta Services, Inc. $PWR Shares Purchased by Integrated Advisors Network LLC

Integrated Advisors Network LLC boosted its position in shares of Quanta Services, Inc. (NYSE:PWR) by 123.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,353 shares of the construction company’s stock after buying an additional 1,850 shares during the period. Integrated Advisors Network LLC’s holdings in Quanta Services were worth $1,390,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PWR. Rothschild Investment LLC boosted its stake in Quanta Services by 2.8% during the 3rd quarter. Rothschild Investment LLC now owns 850 shares of the construction company’s stock worth $352,000 after purchasing an additional 23 shares during the period. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Quanta Services by 0.5% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock valued at $1,968,000 after buying an additional 23 shares during the last quarter. Wealth Alliance LLC boosted its stake in shares of Quanta Services by 1.4% during the third quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock worth $678,000 after buying an additional 23 shares during the period. Petros Family Wealth LLC grew its holdings in shares of Quanta Services by 2.2% during the third quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company’s stock worth $456,000 after buying an additional 24 shares during the last quarter. Finally, Carr Financial Group Corp increased its position in Quanta Services by 1.8% in the 3rd quarter. Carr Financial Group Corp now owns 1,471 shares of the construction company’s stock valued at $610,000 after acquiring an additional 26 shares during the period. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PWR has been the topic of several analyst reports. Truist Financial reiterated a “buy” rating and issued a $643.00 target price (up from $548.00) on shares of Quanta Services in a research note on Friday, February 20th. Evercore reissued an “outperform” rating and issued a $604.00 price objective on shares of Quanta Services in a research note on Friday, February 20th. Cantor Fitzgerald upped their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. The Goldman Sachs Group lifted their target price on shares of Quanta Services from $495.00 to $685.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Robert W. Baird increased their price target on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $569.95.

Quanta Services Price Performance

Shares of NYSE:PWR opened at $563.06 on Friday. The firm has a market capitalization of $84.25 billion, a price-to-earnings ratio of 82.80, a price-to-earnings-growth ratio of 2.58 and a beta of 1.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The business’s 50 day simple moving average is $478.04 and its 200-day simple moving average is $440.13. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $573.94.

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

About Quanta Services

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.