Quanta Services, Inc. (NYSE:PWR) Stock Has Average Price Target of $768.12 According to Brokerages

Key Points

• Analyst sentiment is moderately bullish: Thirty-three firms give Quanta Services a consensus “Moderate Buy” rating, with an average 12-month price target of $768.12. Recent targets range from $775 to $976, though Benchmark downgraded the stock to “sell.”
• Quarterly results exceeded expectations: Quanta reported $4.24 in EPS and $9.56 billion in revenue, surpassing estimates of $3.31 and $8.61 billion, respectively. Revenue increased 41.1% year over year, and management issued fiscal 2026 EPS guidance of $16.45–$16.95.
• Shares and dividend details: PWR opened at $644.02 and was trading down 1.2%, with a market capitalization of about $96.8 billion. The company declared a quarterly dividend of $0.11 per share, equivalent to a 0.1% annual yield.

Quanta Services, Inc. (NYSE:PWR - Get Free Report) has earned an average rating of "Moderate Buy" from the thirty-three ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, twenty-two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $768.12.

PWR has been the subject of several research analyst reports. Argus set a $800.00 price target on shares of Quanta Services in a research report on Wednesday, August 5th. KeyCorp upgraded shares of Quanta Services from a "sector weight" rating to an "overweight" rating and set a $807.00 price objective on the stock in a research report on Friday, August 7th. Benchmark downgraded shares of Quanta Services to a "sell" rating in a research note on Friday, July 31st. Truist Financial restated a "buy" rating and issued a $976.00 target price (up from $940.00) on shares of Quanta Services in a report on Monday, August 3rd. Finally, Sanford C. Bernstein raised Quanta Services from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $748.00 to $775.00 in a research report on Thursday, September 24th.

Quanta Services Trading Down 1.2%

NYSE:PWR opened at $644.02 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. Quanta Services has a 1-year low of $404.51 and a 1-year high of $788.75. The firm has a market capitalization of $96.82 billion, a price-to-earnings ratio of 73.77, a price-to-earnings-growth ratio of 1.93 and a beta of 1.20. The stock has a fifty day simple moving average of $641.95 and a 200 day simple moving average of $653.26.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.93. The firm had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The business's revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.48 EPS. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Sell-side analysts forecast that Quanta Services will post 15.37 earnings per share for the current year.

Quanta Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is presently 5.04%.

Hedge Funds Weigh In On Quanta Services

A number of large investors have recently made changes to their positions in PWR. Victory Capital Management Inc. increased its position in Quanta Services by 35.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company's stock worth $1,230,493,000 after purchasing an additional 758,862 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Quanta Services by 137.6% during the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company's stock valued at $486,065,000 after buying an additional 667,050 shares during the last quarter. Sands Capital Management LLC bought a new stake in shares of Quanta Services in the 4th quarter valued at approximately $243,485,000. State Street Corp grew its stake in shares of Quanta Services by 4.7% in the 2nd quarter. State Street Corp now owns 6,581,807 shares of the construction company's stock valued at $4,739,164,000 after buying an additional 296,893 shares in the last quarter. Finally, Diamant Asset Management Inc. increased its holdings in Quanta Services by 54,802.0% in the first quarter. Diamant Asset Management Inc. now owns 296,471 shares of the construction company's stock worth $162,769,000 after buying an additional 295,931 shares during the last quarter. Institutional investors and hedge funds own 90.49% of the company's stock.

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company delivers design, engineering, procurement, construction, repair and maintenance services for critical infrastructure across the electric power, energy and communications industries.

Quanta's electric power operations support transmission and distribution networks, substations, renewable energy projects and related grid infrastructure. Its energy services include work on natural gas and other pipeline systems, utility infrastructure, industrial facilities and energy transition projects.

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