Integrated Wealth Concepts LLC Buys 2,351 Shares of Quanta Services, Inc. $PWR

Key Points

• Integrated Wealth Concepts LLC increased its stake in Quanta Services by 8%, buying 2,351 shares to own 31,837 shares valued at about $13.19 million, and institutional investors now own roughly 90.49% of the company.
• Quanta beat quarterly expectations with $3.16 EPS vs. $3.02 consensus and revenue of $7.84 billion (up 19.7% YoY), set FY2026 guidance of 12.65–13.35 EPS, and its stock rose about 2.8% toward a 52-week high.
• Several analysts raised price targets (Goldman to $685, Truist to $643, Robert W. Baird to $606), leaving Quanta with a consensus rating of Moderate Buy and a consensus target near $576.55.

Integrated Wealth Concepts LLC boosted its stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,837 shares of the construction company's stock after purchasing an additional 2,351 shares during the period. Integrated Wealth Concepts LLC's holdings in Quanta Services were worth $13,194,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Rothschild Investment LLC grew its stake in shares of Quanta Services by 2.8% in the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company's stock valued at $352,000 after buying an additional 23 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in Quanta Services by 0.5% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company's stock worth $1,968,000 after acquiring an additional 23 shares in the last quarter. Wealth Alliance LLC lifted its stake in Quanta Services by 1.4% in the third quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company's stock valued at $678,000 after acquiring an additional 23 shares during the last quarter. Petros Family Wealth LLC lifted its stake in Quanta Services by 2.2% in the third quarter. Petros Family Wealth LLC now owns 1,101 shares of the construction company's stock valued at $456,000 after acquiring an additional 24 shares during the last quarter. Finally, Montag A & Associates Inc. grew its position in shares of Quanta Services by 15.2% in the 3rd quarter. Montag A & Associates Inc. now owns 182 shares of the construction company's stock valued at $75,000 after acquiring an additional 24 shares during the period. Institutional investors and hedge funds own 90.49% of the company's stock.

Quanta Services Stock Up 2.8%

Shares of PWR opened at $574.81 on Tuesday. The firm has a market cap of $86.00 billion, a P/E ratio of 84.53, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services, Inc. has a 52 week low of $227.08 and a 52 week high of $576.86. The firm's 50-day simple moving average is $507.05 and its 200 day simple moving average is $454.73.

Quanta Services (NYSE:PWR - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same period last year, the business posted $2.94 earnings per share. The business's revenue for the quarter was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on PWR shares. Sanford C. Bernstein upped their target price on shares of Quanta Services from $471.00 to $515.00 and gave the company a "market perform" rating in a report on Tuesday, February 24th. The Goldman Sachs Group lifted their price target on Quanta Services from $495.00 to $685.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. Truist Financial restated a "buy" rating and issued a $643.00 price objective (up from $548.00) on shares of Quanta Services in a research note on Friday, February 20th. TD Cowen raised their price objective on Quanta Services from $425.00 to $570.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Finally, Robert W. Baird lifted their target price on Quanta Services from $490.00 to $606.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Quanta Services presently has a consensus rating of "Moderate Buy" and a consensus price target of $576.55.

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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