Lee Johnson Capital Management LLC Purchases 5,944 Shares of Quanta Services, Inc. $PWR

Key Points

• Lee Johnson Capital Management LLC increased its stake by 288.3% in Quanta Services during Q4, buying 5,944 shares to hold 8,006 shares worth $3.379 million, representing about 1.2% of the firm's portfolio and its 28th largest holding.
• Quanta posted $3.16 EPS vs. $3.02 expected and revenue of $7.84 billion (up 19.7% y/y), set FY2026 guidance of 12.650–13.350 EPS, and announced a quarterly dividend of $0.11 ($0.44 annualized, ~0.1% yield).
• Institutional investors own ~90.49% of the stock; Quanta has a market cap of $86.54 billion and a PE of 85.06, and analysts maintain a consensus “Moderate Buy” with an average price target of $576.55 and several firms raising targets into the $600s.

Lee Johnson Capital Management LLC increased its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 288.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,006 shares of the construction company's stock after purchasing an additional 5,944 shares during the quarter. Quanta Services makes up approximately 1.2% of Lee Johnson Capital Management LLC's holdings, making the stock its 28th largest holding. Lee Johnson Capital Management LLC's holdings in Quanta Services were worth $3,379,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PWR. Vanguard Group Inc. grew its position in shares of Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock worth $7,519,079,000 after buying an additional 386,937 shares during the last quarter. State Street Corp lifted its stake in Quanta Services by 1.2% in the third quarter. State Street Corp now owns 6,080,747 shares of the construction company's stock worth $2,519,983,000 after acquiring an additional 73,460 shares during the period. Bank of America Corp DE lifted its stake in 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 acquiring an additional 765,822 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in 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 valued at $917,009,000 after acquiring an additional 882,209 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in Quanta Services by 8.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,156,578 shares of the construction company's stock valued at $893,139,000 after purchasing an additional 174,083 shares during the period. Hedge funds and other institutional investors own 90.49% of the company's stock.

Quanta Services Stock Up 1.9%

PWR stock opened at $578.39 on Wednesday. The business has a 50 day moving average of $523.73 and a 200 day moving average of $462.97. The firm has a market cap of $86.54 billion, a PE ratio of 85.06, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $583.73. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58.

Quanta Services (NYSE:PWR - Get Free Report) last released its earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The business had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same period in the previous year, the company posted $2.94 earnings per share. The company'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, research analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, April 2nd will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Quanta Services's dividend payout ratio is 6.47%.

Analyst Ratings Changes

Several research firms have recently commented on PWR. Roth Mkm reaffirmed a "buy" rating and issued a $600.00 target price on shares of Quanta Services in a research report on Friday, February 20th. Weiss Ratings raised shares of Quanta Services from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, January 12th. Jefferies Financial Group lifted their price objective on Quanta Services from $506.00 to $634.00 and gave the company a "buy" rating in a research report on Tuesday, February 24th. Argus increased their target price on Quanta Services from $540.00 to $650.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Finally, Stifel Nicolaus set a $647.00 price target on Quanta Services in a research report on Monday, February 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $576.55.

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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