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Encompass More Asset Management Purchases Shares of 1,888 Quanta Services, Inc. $PWR

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Key Points

  • Encompass More Asset Management bought a new stake of 1,888 shares in Quanta Services (NYSE: PWR) in Q4, valued at about $797,000.
  • Quanta reported Q1 revenue of $7.87 billion and EPS of $2.68 (beat), set FY2026 guidance to 13.550–14.250 EPS and cited a record $48.5B backlog, spurring analyst price‑target upgrades and a rally.
  • CAO Paul Nobel sold 4,000 shares (about a 33% cut to his holding), a notable insider sale amid high institutional ownership (~90.5%).
  • MarketBeat previews top five stocks to own in June.

Encompass More Asset Management purchased a new stake in Quanta Services, Inc. (NYSE:PWR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,888 shares of the construction company's stock, valued at approximately $797,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PWR. Darwin Wealth Management LLC purchased a new position in Quanta Services in the 2nd quarter worth approximately $26,000. Activest Wealth Management grew 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 buying an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in Quanta Services in the 4th quarter worth approximately $28,000. Cornerstone Planning Group LLC grew its stake in 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 buying an additional 49 shares in the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in Quanta Services in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 90.49% of the company's stock.

Quanta Services Stock Up 1.9%

Shares of NYSE PWR opened at $786.39 on Thursday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. Quanta Services, Inc. has a 12 month low of $315.45 and a 12 month high of $788.75. The firm has a market capitalization of $118.01 billion, a PE ratio of 107.87, a price-to-earnings-growth ratio of 2.84 and a beta of 1.24. The firm has a fifty day simple moving average of $588.11 and a two-hundred day simple moving average of $503.33.

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

Quanta Services Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services's dividend payout ratio (DPR) is presently 6.04%.

Quanta Services News Roundup

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

Wall Street Analysts Forecast Growth

PWR has been the subject of a number of research reports. Citigroup boosted their price target on shares of Quanta Services from $640.00 to $733.00 and gave the stock a "buy" rating in a research note on Monday, April 27th. BNP Paribas Exane initiated coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They issued a "neutral" rating for the company. BMO Capital Markets boosted their price target on shares of Quanta Services from $650.00 to $800.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. TD Cowen boosted their price target on shares of Quanta Services from $570.00 to $775.00 and gave the stock a "buy" rating in a research note on Monday. Finally, Truist Financial set a $851.00 price target on shares of Quanta Services in a research note on Friday, May 1st. Eighteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $695.73.

Get Our Latest Stock Report on Quanta Services

Insider Activity

In related news, CAO Paul Nobel sold 4,000 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $756.98, for a total value of $3,027,920.00. Following the completion of the transaction, the chief accounting officer directly owned 8,080 shares in the company, valued at $6,116,398.40. This trade represents a 33.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by insiders.

About Quanta Services

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Quanta Services (NYSE:PWR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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