Quanta Services (NYSE:PWR) Price Target Raised to $538.00 at Sanford C. Bernstein

Quanta Services (NYSE:PWR) had its price target hoisted by Sanford C. Bernstein from $515.00 to $538.00 in a research note published on Wednesday,MarketScreener reports.

Several other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Mizuho increased their price target on shares of Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a research report on Monday. Evercore reissued an “outperform” rating and issued a $604.00 price objective on shares of Quanta Services in a report on Friday, February 20th. 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 note on Friday, February 20th. Finally, UBS Group increased their target price on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Eighteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $592.32.

Quanta Services Stock Performance

Quanta Services stock opened at $560.84 on Wednesday. Quanta Services has a 52 week low of $227.08 and a 52 week high of $583.73. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The stock has a market cap of $83.91 billion, a P/E ratio of 82.48, a price-to-earnings-growth ratio of 2.49 and a beta of 1.10. The stock has a 50 day moving average of $534.88 and a 200-day moving average of $469.53.

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

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, April 2nd will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s payout ratio is currently 6.47%.

Institutional Investors Weigh In On Quanta Services

Several large investors have recently added to or reduced their stakes in PWR. Norges Bank acquired a new stake in shares of Quanta Services in the 4th quarter worth about $817,285,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Quanta Services by 57.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock worth $917,009,000 after purchasing an additional 882,209 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Quanta Services by 35.6% in the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock valued at $1,208,672,000 after purchasing an additional 765,822 shares during the period. Victory Capital Management Inc. boosted its position in shares of Quanta Services by 35.2% during the fourth quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock worth $1,230,493,000 after buying an additional 758,862 shares during the period. Finally, Corient Private Wealth LLC grew its holdings in Quanta Services by 137.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock worth $486,065,000 after buying an additional 667,050 shares in the last quarter. 90.49% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Evercore raised its price target to $635 and kept an “outperform” rating, signaling strong buy-side conviction and providing upside to the consensus. Evercore Raises PT to $635
• Positive Sentiment: Multiple bullish features/analyses position Quanta as a long-term infrastructure/energy transition winner, highlighting its role in electrification, grid upgrades and energy infrastructure. Infrastructure Trade Of The Decade
• Positive Sentiment: Zacks and other coverage highlight data centers and AI-related power demand as an accelerating growth pillar for Quanta, backed by a record backlog (~$44B) and strong 2025 revenue — suggesting durable secular tailwinds. Data Centers Growth Theme
• Positive Sentiment: Mizuho and other analysts reiterated constructive views or said the stock is likely to rise, adding independent support to the bullish narrative. Mizuho Analyst Comment
• Positive Sentiment: Recent earnings showed a beat, revenue growth (~+20% YoY last quarter) and FY2026 EPS guidance (12.65–13.35), which underpin the current valuation and positive analyst moves.
• Neutral Sentiment: Quanta hosted Investor Day with slides and a transcript outlining strategy and long-term targets — useful for judging execution but not an immediate catalyst by itself. Investor Day Slideshow Investor Day Transcript Investor Day PR
• Neutral Sentiment: Recent tape notes and media coverage report the stock has risen in recent sessions but still “lags the market” in some short-term comparisons — context for momentum but not a directional driver. Rises Yet Lags Market MarketWatch Note
• Negative Sentiment: Sanford C. Bernstein raised its target to $538, which still implies downside versus the current price — a reminder that not all analysts are aligned on valuation and some see limited near-term upside. Bernstein PT to $538

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.