Concurrent Investment Advisors LLC Increases Position in Quanta Services, Inc. $PWR

Key Points

• Concurrent Investment Advisors raised its stake in Quanta Services (NYSE: PWR) by 80.2% in Q4 to 7,053 shares, valued at about $2.98 million.
• Q4 results beat expectations — EPS $3.16 vs. $3.02 estimate and revenue $7.84B vs. $7.38B — with revenue up 19.7% year-over-year and management setting FY2026 guidance of EPS 12.65–13.35.
• Analysts have been lifting targets and the stock holds a consensus "Moderate Buy" rating with a $603.23 average target; shares trade near a 52‑week high and the company has a market cap of about $95.7 billion (P/E ~94).

Concurrent Investment Advisors LLC raised its position in Quanta Services, Inc. (NYSE:PWR - Free Report) by 80.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,053 shares of the construction company's stock after purchasing an additional 3,138 shares during the period. Concurrent Investment Advisors LLC's holdings in Quanta Services were worth $2,977,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Activest Wealth Management grew its position in shares of Quanta Services by 94.1% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company's stock valued at $27,000 after buying an additional 32 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the 4th quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services in the 2nd quarter worth $26,000. Cornerstone Planning Group LLC lifted its stake in shares of Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock worth $30,000 after acquiring an additional 49 shares during the period. Finally, Texas Capital Bancshares Inc TX acquired a new stake in shares of Quanta Services in the 3rd quarter worth $38,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Trading Up 2.1%

NYSE PWR opened at $637.82 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The company's fifty day simple moving average is $571.22 and its 200-day simple moving average is $493.56. The stock has a market cap of $95.71 billion, a P/E ratio of 93.80, a PEG ratio of 2.83 and a beta of 1.10. Quanta Services, Inc. has a 52 week low of $281.17 and a 52 week high of $640.61.

Quanta Services (NYSE:PWR - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.02 by $0.14. The business had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The business's revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts predict that Quanta Services, Inc. will post 11.97 EPS for the current fiscal year.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services's payout ratio is 6.47%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Mizuho increased their price target on shares of Quanta Services from $537.00 to $580.00 and gave the company a "neutral" rating in a report on Monday, March 30th. Bank of America lifted their price target on shares of Quanta Services from $500.00 to $610.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Sanford C. Bernstein lifted their price target on shares of Quanta Services from $515.00 to $538.00 in a report on Wednesday, April 1st. Wolfe Research raised their target price on shares of Quanta Services from $477.00 to $576.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group raised their target price on shares of Quanta Services from $634.00 to $654.00 and gave the stock a "buy" rating in a research report on Thursday, April 2nd. Eighteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $603.23.

About Quanta Services

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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