3,079 Quanta Services, Inc. $PWR Shares Bought by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services increased its Quanta Services stake by 287.8% in the third quarter, purchasing 3,079 additional shares and bringing its holdings to 4,149 shares valued at approximately $2.665 million.
• Quanta Services reported strong quarterly results, with EPS of $4.24 beating estimates of $3.31 and revenue rising 41.1% year over year to $9.56 billion. The company issued fiscal 2026 EPS guidance of $16.45 to $16.95.
• Analyst opinions remain mixed, but the stock has a “Moderate Buy” consensus rating and an average price target of $761.24; institutional investors own 90.49% of outstanding shares.

Diversify Advisory Services LLC lifted its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 287.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,149 shares of the construction company's stock after purchasing an additional 3,079 shares during the period. Diversify Advisory Services LLC's holdings in Quanta Services were worth $2,665,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC increased its holdings in Quanta Services by 70.4% in the second quarter. Cornerstone Financial Management LLC now owns 46 shares of the construction company's stock valued at $33,000 after purchasing an additional 19 shares during the last quarter. Boreal Capital Management LLC acquired a new position in Quanta Services in the first quarter valued at about $27,000. JNBA Financial Advisors boosted its holdings in Quanta Services by 1,733.3% during the second quarter. JNBA Financial Advisors now owns 55 shares of the construction company's stock worth $40,000 after buying an additional 52 shares during the last quarter. Brown Lisle Cummings Inc. boosted its holdings in Quanta Services by 825.0% during the first quarter. Brown Lisle Cummings Inc. now owns 74 shares of the construction company's stock worth $41,000 after buying an additional 66 shares during the last quarter. Finally, Markowski Investments bought a new position in Quanta Services during the second quarter worth about $55,000. 90.49% of the stock is currently owned by institutional investors.

Quanta Services Stock Performance

Shares of Quanta Services stock opened at $551.47 on Friday. The stock's fifty day simple moving average is $643.16 and its 200 day simple moving average is $664.02. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $82.91 billion, a PE ratio of 63.17, a PEG ratio of 1.78 and a beta of 1.27. Quanta Services, Inc. has a 12 month low of $408.36 and a 12 month high of $788.75.

Quanta Services (NYSE:PWR - Get Free Report) last posted its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $9.56 billion during the quarter, compared to analysts' expectations of $8.61 billion. During the same period in the previous year, the firm earned $2.48 earnings per share. The company's revenue was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, research analysts predict that Quanta Services, Inc. will post 15.37 EPS for the current year.

Quanta Services Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on PWR shares. Benchmark lowered Quanta Services to a "sell" rating in a research report on Friday, July 31st. Morgan Stanley downgraded shares of Quanta Services to an "underweight" rating in a research report on Monday, August 3rd. Weiss Ratings raised shares of Quanta Services from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, October 13th. Sanford C. Bernstein upgraded shares of Quanta Services from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $748.00 to $775.00 in a report on Thursday, September 24th. Finally, Wall Street Zen downgraded shares of Quanta Services from a "buy" rating to a "hold" rating in a research note on Saturday, September 12th. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $761.24.

Quanta Services Company 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.

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