Abner Herrman & Brock LLC Acquires 3,880 Shares of Quanta Services, Inc. $PWR

Key Points

• Abner Herrman & Brock LLC increased its stake in Quanta Services by 27.8%, adding 3,880 shares to hold 17,819 shares valued at about $7.52 million.
• Institutional ownership is dominant—Vanguard holds 18.14 million shares (~$7.52 billion), Norges Bank and DZ Bank own large stakes, and overall 90.49% of the stock is held by hedge funds and other institutions.
• Wall Street sentiment and fundamentals are strong: multiple firms raised price targets (consensus target $576.55, rating "Moderate Buy"), and Quanta beat quarterly estimates with $3.16 EPS on $7.84 billion revenue while guiding FY2026 EPS to $12.65–13.35.

Abner Herrman & Brock LLC boosted its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 27.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,819 shares of the construction company's stock after purchasing an additional 3,880 shares during the period. Abner Herrman & Brock LLC's holdings in Quanta Services were worth $7,521,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PWR. Norges Bank bought a new stake in Quanta Services in the second quarter valued at approximately $675,802,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Quanta Services by 57.2% in the second 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 worth $1,208,672,000 after buying an additional 765,822 shares during the period. Select Equity Group L.P. raised its holdings in Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company's stock valued at $384,554,000 after buying an additional 416,395 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock valued at $7,519,079,000 after buying an additional 386,937 shares during the last quarter. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PWR has been the topic of a number of recent analyst reports. Robert W. Baird raised their price target on shares of Quanta Services from $490.00 to $606.00 and gave the stock an "outperform" rating in a report on Friday, February 20th. Citigroup increased their target price on shares of Quanta Services from $540.00 to $640.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Bank of America raised their target price on Quanta Services from $500.00 to $610.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. B. Riley Financial boosted their price target on Quanta Services from $450.00 to $565.00 and gave the company a "neutral" rating in a report on Friday, February 20th. Finally, Truist Financial reiterated a "buy" rating and issued a $643.00 price objective (up from $548.00) on shares of Quanta Services in a report on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $576.55.

Quanta Services Stock Performance

Shares of PWR opened at $577.09 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $583.73. The company has a 50-day simple moving average of $515.67 and a two-hundred day simple moving average of $457.74. The firm has a market capitalization of $86.34 billion, a PE ratio of 84.87, a price-to-earnings-growth ratio of 2.60 and a beta of 1.10.

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 for the quarter, topping analysts' consensus estimates of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The business's revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, analysts anticipate that Quanta Services, Inc. will post 9.34 EPS 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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