Alpha Cubed Investments LLC Raises Holdings in Quanta Services, Inc. $PWR

Alpha Cubed Investments LLC boosted its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 265,745 shares of the construction company's stock after buying an additional 2,392 shares during the quarter. Quanta Services makes up 3.8% of Alpha Cubed Investments LLC's investment portfolio, making the stock its 7th largest holding. Alpha Cubed Investments LLC owned 0.18% of Quanta Services worth $112,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Darwin Wealth Management LLC purchased a new stake in shares of Quanta Services during the 2nd quarter valued at $26,000. Activest Wealth Management boosted its stake in Quanta Services by 94.1% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company's stock worth $27,000 after purchasing an additional 32 shares during the period. Flagship Harbor Advisors LLC bought a new position in Quanta Services in the 4th quarter worth about $28,000. Cornerstone Planning Group LLC boosted its position in shares of Quanta Services by 213.0% during 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 last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Quanta Services during the 4th quarter valued at about $34,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Trading Up 1.9%

Shares of NYSE:PWR opened at $771.41 on Wednesday. The company has a market cap of $115.76 billion, a P/E ratio of 105.82, a PEG ratio of 2.79 and a beta of 1.24. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services, Inc. has a 1 year low of $315.45 and a 1 year high of $777.84. The stock's fifty day moving average price is $583.37 and its 200-day moving average price is $500.88.

Quanta Services (NYSE:PWR - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company's quarterly revenue was up 26.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Sell-side analysts expect that Quanta Services, Inc. will post 11.97 earnings per share for the current year.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services's dividend payout ratio is currently 6.04%.

Key Quanta Services News

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Major buy-side upgrades and sizable target increases from Jefferies (to $857) signal stronger revenue/profit expectations and underpin upside. Jefferies Raises PT to $857
• Positive Sentiment: UBS raised its target to $900 (buy), a strong signal that brokers see continued upside tied to infrastructure and electrification spending. UBS Raises PT to $900
• Positive Sentiment: Goldman Sachs increased its PT to $826 and keeps a buy rating, supporting broader institutional confidence in Quanta’s growth runway. Goldman Raises PT to $826
• Positive Sentiment: TD Cowen reiterated a buy and issued a positive forecast (also recently raised its PT to $775), adding another buy-side endorsement. TD Cowen Keeps Buy Rating
• Positive Sentiment: Zacks highlights Quanta’s record $48.5 billion Q1 backlog and supply-chain investments, which materially boost revenue visibility and support another growth leg. Zacks on $48.5B Backlog
• Positive Sentiment: Industry pieces argue AI/data-center buildouts are driving heavy demand for substations, transformers and grid upgrades — a structural tailwind for Quanta. The Real AI Trade May Be Power Equipment
• Neutral Sentiment: Analyst consensus remains a "Moderate Buy" — supportive but not unanimous, implying some caution among brokers. Consensus Moderate Buy
• Neutral Sentiment: Investor-oriented features (Zacks, The Motley Fool) tout long-term growth potential; useful for sentiment but less immediately price-moving than fresh earnings/backlog or analyst PTs. Zacks Long-Term Take
• Negative Sentiment: Sanford C. Bernstein kept a "market perform" stance despite raising its PT to $725 — their view implies limited near-term upside (and even a slight drawback vs. the current price). Bernstein Raises PT but Keeps Market Perform

Analyst Ratings Changes

A number of analysts recently weighed in on PWR shares. The Goldman Sachs Group boosted their target price on Quanta Services from $685.00 to $826.00 and gave the stock a "buy" rating in a research report on Monday. Argus boosted 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. Evercore boosted their target price on Quanta Services from $635.00 to $800.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. Sanford C. Bernstein boosted their target price on Quanta Services from $538.00 to $725.00 and gave the company a "market perform" rating in a research note on Tuesday. Finally, TD Cowen boosted their target price on Quanta Services from $570.00 to $775.00 and gave the company a "buy" rating in a research note on Monday. Eighteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $695.73.

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.

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