Peregrine Asset Advisers Inc. Has $7.29 Million Stock Holdings in Quanta Services, Inc. $PWR

Key Points

• Peregrine Asset Advisers more than doubled its stake in Quanta Services, buying an additional 9,000 shares to hold 17,263 shares valued at about $7.29 million, equal to 2.1% of its portfolio and its 10th largest holding.
• Quanta reported a record Q1 with $7.87 billion revenue and $2.68 adjusted EPS (well above estimates), raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2 billion revenue, triggering several broker price‑target increases and a consensus “Moderate Buy” (avg. target ~$650.73).

Peregrine Asset Advisers Inc. grew its position in Quanta Services, Inc. (NYSE:PWR - Free Report) by 108.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,263 shares of the construction company's stock after acquiring an additional 9,000 shares during the period. Quanta Services comprises about 2.1% of Peregrine Asset Advisers Inc.'s portfolio, making the stock its 10th largest holding. Peregrine Asset Advisers Inc.'s holdings in Quanta Services were worth $7,286,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ grew its position in shares of Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company's stock valued at $19,316,000 after acquiring an additional 2,375 shares during the period. Chilton Capital Management LLC grew its position in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company's stock valued at $69,016,000 after acquiring an additional 64,560 shares during the period. Atria Investments Inc grew its position in shares of Quanta Services by 20.4% in the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company's stock valued at $5,727,000 after acquiring an additional 2,340 shares during the period. Westfield Capital Management Co. LP lifted its stake in shares of Quanta Services by 44.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company's stock worth $101,743,000 after buying an additional 75,449 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. acquired a new stake in shares of Quanta Services during the 3rd quarter worth about $1,752,000. Institutional investors own 90.49% of the company's stock.

Quanta Services Trading Down 0.1%

PWR opened at $741.44 on Monday. Quanta Services, Inc. has a fifty-two week low of $315.00 and a fifty-two week high of $742.33. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a market capitalization of $111.26 billion, a price-to-earnings ratio of 101.71, a PEG ratio of 3.37 and a beta of 1.24. The company's 50 day moving average price is $578.99 and its two-hundred day moving average price is $498.52.

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

Quanta Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services's payout ratio is presently 6.04%.

More Quanta Services News

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

• Positive Sentiment: Record Q1 results and guidance lift — Quanta reported $7.87B revenue and adjusted EPS $2.68 (well above estimates), disclosed record backlog/RPO and raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2B revenue; this operational beat and higher outlook underpin the rally. PR Newswire: Q1 Results
• Positive Sentiment: Top-line and execution coverage — multiple outlets highlight the EPS/revenue beat and raised outlook, signaling broad market recognition of stronger infrastructure demand and margin improvement. Zacks: Q1 Earnings Top Estimates
• Positive Sentiment: Major broker upgrades/target hikes — Several firms raised price targets and kept/added outperform/overweight ratings (BMO to $800, Evercore to $800, JPMorgan to $805, Robert W. Baird to $777). These increases endorse the company’s growth trajectory and likely attract additional demand for the stock. MarketScreener: BMO MarketScreener: Evercore MarketScreener: JPMorgan
• Neutral Sentiment: Market commentary and transcript coverage — Coverage from The Motley Fool, Seeking Alpha and other outlets explains the rally and details from the earnings call; useful for context but less likely to move price than hard results or broker actions. Fool: Why Quanta Is Powering Higher Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: One dissenting analyst view — Mizuho raised its target to $693 but kept a neutral rating; that PT sits below the current share price and could temper gains if investors focus on that lower valuation. MarketScreener: Mizuho

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Mizuho lifted their price objective on shares of Quanta Services from $580.00 to $693.00 and gave the stock a "neutral" rating in a research note on Friday. Cantor Fitzgerald lifted their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an "overweight" rating in a research note on Friday, February 20th. The Goldman Sachs Group lifted their price objective on shares of Quanta Services from $495.00 to $685.00 and gave the stock a "buy" rating in a research note on Tuesday, February 24th. Argus boosted their target price 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, Bank of America boosted their target price on shares of Quanta Services from $500.00 to $610.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Eighteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Quanta Services currently has a consensus rating of "Moderate Buy" and an average price target of $650.73.

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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