Navellier & Associates Inc. Sells 1,781 Shares of Quanta Services, Inc. $PWR

Key Points

• Navellier & Associates trimmed its stake in Quanta Services by 3.7% (sold 1,781 shares) and now holds 45,983 shares worth $19.41 million, making Quanta its fourth-largest holding at 2.2% of the portfolio.
• Quanta beat Q1 expectations with $2.68 EPS vs. $2.04 expected and $7.87B revenue (+26.3% YoY), issued FY2026 guidance of 13.55–14.25 EPS, and sparked multiple analyst price-target increases (UBS to $900) with a consensus "Moderate Buy."
• The stock is heavily institutionally owned (90.49%), has a market cap of about $115.8 billion and a high valuation (P/E ~105.8), while paying a minimal dividend yield (~0.1%).

Navellier & Associates Inc. trimmed its position in Quanta Services, Inc. (NYSE:PWR - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,983 shares of the construction company's stock after selling 1,781 shares during the quarter. Quanta Services accounts for 2.2% of Navellier & Associates Inc.'s holdings, making the stock its 4th biggest holding. Navellier & Associates Inc.'s holdings in Quanta Services were worth $19,408,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Activest Wealth Management grew its holdings in shares of Quanta Services by 94.1% during 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 in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services during the 4th quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services during the 2nd quarter worth $26,000. Cornerstone Planning Group LLC grew its holdings 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 worth $30,000 after purchasing an additional 49 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Quanta Services during the 4th quarter worth $34,000. 90.49% of the stock is owned by institutional investors and hedge funds.

Quanta Services Price Performance

Quanta Services stock opened at $771.41 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $115.76 billion, a PE ratio of 105.82, a P/E/G ratio of 2.79 and a beta of 1.24. Quanta Services, Inc. has a 12 month low of $315.45 and a 12 month high of $777.84. The stock has a 50-day moving average price of $583.37 and a two-hundred day moving average price of $500.88.

Quanta Services (NYSE:PWR - Get Free Report) last posted its earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating the consensus estimate of $2.04 by $0.64. The firm had revenue of $7.87 billion during 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 business's quarterly revenue was up 26.3% on a year-over-year basis. During the same period last year, the company earned $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Analysts expect that Quanta Services, Inc. will post 11.97 EPS 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 given a $0.11 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is currently 6.04%.

Analyst Ratings Changes

PWR has been the topic of several analyst reports. Robert W. Baird increased their target price on Quanta Services from $606.00 to $777.00 and gave the stock an "outperform" rating in a report on Friday, May 1st. B. Riley Financial reissued a "neutral" rating on shares of Quanta Services in a report on Friday. UBS Group upped their price objective on Quanta Services from $646.00 to $900.00 and gave the stock a "buy" rating in a research report on Monday. Argus upped their price objective 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, Sanford C. Bernstein upped their price objective on Quanta Services from $538.00 to $725.00 and gave the stock a "market perform" rating in a research report on Tuesday. Eighteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Quanta Services presently has a consensus rating of "Moderate Buy" and an average target price of $695.73.

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

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.

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.