Orion Porfolio Solutions LLC Sells 5,573 Shares of Quanta Services, Inc. $PWR

Key Points

• Orion Portfolio Solutions LLC cut its stake in Quanta Services by 38.3%, selling 5,573 shares and leaving 8,971 shares valued at about $3.72 million at the end of the quarter.
• Quanta beat quarterly expectations with $3.16 EPS (vs. $3.02 est.) and $7.84 billion in revenue (vs. $7.38 billion est.), with revenue up 19.7% year‑over‑year and FY2026 EPS guidance of $12.65–$13.35.
• Analysts have been raising targets (Bank of America to $610, Argus to $650, among others), leaving a consensus rating of Moderate Buy and an average price target of $576.55; the stock carries a market cap of $80.9 billion and a P/E of 79.5.

Orion Porfolio Solutions LLC lessened its holdings in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 38.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,971 shares of the construction company's stock after selling 5,573 shares during the period. Orion Porfolio Solutions LLC's holdings in Quanta Services were worth $3,718,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in Quanta Services in the 2nd quarter valued at $26,000. 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. Cornerstone Planning Group LLC increased its position in shares of Quanta Services by 213.0% in the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock worth $30,000 after purchasing an additional 49 shares during the period. Legacy Investment Solutions LLC acquired a new position in Quanta Services in the second quarter valued at about $37,000. Finally, Berbice Capital Management LLC bought a new stake in Quanta Services during the second quarter worth about $38,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Stock Performance

NYSE:PWR opened at $540.58 on Monday. The stock's 50-day moving average is $490.60 and its 200-day moving average is $446.91. Quanta Services, Inc. has a 1-year low of $227.08 and a 1-year high of $573.97. 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 stock has a market cap of $80.88 billion, a P/E ratio of 79.50, a price-to-earnings-growth ratio of 2.46 and a beta of 1.10.

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 for the quarter, topping the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion for the quarter, compared to analysts' expectations of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. Quanta Services's revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts anticipate that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on PWR. Bank of America raised their target price on shares of Quanta Services from $500.00 to $610.00 and gave the company a "buy" rating in a report on Friday, February 20th. B. Riley Financial upped their price target on shares of Quanta Services from $450.00 to $565.00 and gave the stock a "neutral" rating in a report on Friday, February 20th. Sanford C. Bernstein increased their price target on shares of Quanta Services from $471.00 to $515.00 and gave the stock a "market perform" rating in a research report on Tuesday, February 24th. Argus boosted their price objective on shares of Quanta Services from $540.00 to $650.00 and gave the company a "buy" rating in a research report on Tuesday, February 24th. Finally, DA Davidson upped their target price on Quanta Services from $450.00 to $575.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average 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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