6,407 Shares in Quanta Services, Inc. $PWR Acquired by Delta Global Management LP

Key Points

• Delta Global Management LP acquired a new stake of 6,407 shares of Quanta Services in Q3, valued at approximately $2.66 million, and overall institutional investors own about 90.49% of the stock.
• Multiple firms have raised price targets recently — Quanta has a consensus rating of “Moderate Buy” with a consensus target price of $576.55 (17 Buys, 7 Holds).
• Quanta beat quarterly expectations with $3.16 EPS (vs. $3.02 est.) and $7.84B revenue (vs. $7.38B est.), reported ~19.7% revenue growth year-over-year, and set FY2026 guidance of $12.65–$13.35 EPS.

Delta Global Management LP acquired a new stake in Quanta Services, Inc. (NYSE:PWR - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 6,407 shares of the construction company's stock, valued at approximately $2,655,000.

Other large investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in Quanta Services during the 2nd quarter worth $26,000. Activest Wealth Management grew its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company's stock worth $27,000 after buying an additional 32 shares during the last quarter. Cornerstone Planning Group LLC increased its position in Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock valued at $30,000 after acquiring an additional 49 shares during the period. Berbice Capital Management LLC purchased a new stake in Quanta Services during the 2nd quarter valued at approximately $38,000. Finally, GPS Wealth Strategies Group LLC acquired a new stake in Quanta Services during the 3rd quarter worth approximately $38,000. 90.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PWR has been the topic of a number of analyst reports. Roth Mkm reiterated a "buy" rating and issued a $600.00 price objective on shares of Quanta Services in a research report on Friday, February 20th. DA Davidson lifted their target price on shares of Quanta Services from $450.00 to $575.00 and gave the company a "neutral" rating in a report on Friday, February 20th. Robert W. Baird boosted their price target on shares of Quanta Services from $490.00 to $606.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Jefferies Financial Group increased their price target on shares of Quanta Services from $506.00 to $634.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. Finally, UBS Group lifted their price objective on Quanta Services from $518.00 to $646.00 and gave the company a "buy" rating in a report on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Quanta Services presently has a consensus rating of "Moderate Buy" and a consensus target price of $576.55.

Quanta Services Stock Performance

NYSE:PWR opened at $558.55 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $576.86. The company has a market capitalization of $83.57 billion, a P/E ratio of 82.14, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. The firm has a 50-day moving average price of $504.26 and a two-hundred day moving average price of $453.40.

Quanta Services (NYSE:PWR - Get Free Report) last posted its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, research analysts expect that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Quanta Services Company 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.

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