Y.D. More Investments Ltd Purchases Shares of 5,214 Quanta Services, Inc. $PWR

Y.D. More Investments Ltd purchased a new stake in Quanta Services, Inc. (NYSE:PWR) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,214 shares of the construction company’s stock, valued at approximately $2,201,000.

Several other large investors have also made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ increased its holdings in Quanta Services by 5.4% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock valued at $19,316,000 after buying an additional 2,375 shares during the last quarter. Calamos Advisors LLC lifted its holdings in Quanta Services by 17.1% during the 3rd quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock worth $43,680,000 after buying an additional 15,388 shares during the last quarter. Chilton Capital Management LLC grew its position in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock worth $69,016,000 after acquiring an additional 64,560 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of Quanta Services by 59.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock valued at $18,397,000 after acquiring an additional 16,637 shares during the last quarter. Finally, Atria Investments Inc raised its position in shares of Quanta Services by 20.4% during the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company’s stock valued at $5,727,000 after acquiring an additional 2,340 shares in the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PWR shares. Jefferies Financial Group boosted their price objective on shares of Quanta Services from $634.00 to $654.00 and gave the company a “buy” rating in a research report on Thursday. Argus lifted their target price on Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Citigroup upped their target price on Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a report on Friday, February 20th. Cantor Fitzgerald raised their price target on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Finally, Evercore boosted their price objective on Quanta Services from $604.00 to $635.00 and gave the company an “outperform” rating in a research report on Wednesday, April 1st. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $593.23.

Quanta Services Trading Up 0.1%

Shares of NYSE:PWR opened at $561.15 on Monday. The company has a 50 day moving average of $538.58 and a 200-day moving average of $472.71. 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 firm has a market cap of $83.96 billion, a P/E ratio of 82.52, a P/E/G ratio of 2.55 and a beta of 1.10. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $583.73.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the previous year, the business earned $2.94 EPS. The company’s quarterly 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. As a group, analysts anticipate that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be issued 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 dividend yield of 0.1%. Quanta Services’s payout ratio is currently 6.47%.

Quanta Services 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.