Quanta Services, Inc. $PWR Position Raised by 11 Capital Partners LP

Key Points

• 11 Capital Partners LP increased its stake in Quanta Services by 113.4% in Q3 to 53,495 shares (about $22.17M), representing roughly 6.3% of the fund and its third-largest position.
• Multiple analysts recently raised price targets and the stock carries a consensus “Moderate Buy” rating with an average target near $576.55.
• Quanta beat quarterly expectations (EPS $3.16 vs. $3.02, revenue $7.84B vs. $7.38B), set FY2026 guidance of 12.65–13.35 EPS, and trades near its 12‑month high with a market cap of about $84.8B and a high P/E (~83).

11 Capital Partners LP grew its holdings in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 113.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 53,495 shares of the construction company's stock after purchasing an additional 28,424 shares during the period. Quanta Services makes up approximately 6.3% of 11 Capital Partners LP's holdings, making the stock its 3rd largest position. 11 Capital Partners LP's holdings in Quanta Services were worth $22,169,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Johnson Financial Group Inc. increased its position in shares of Quanta Services by 49.8% during the third quarter. Johnson Financial Group Inc. now owns 2,778 shares of the construction company's stock valued at $1,151,000 after acquiring an additional 924 shares in the last quarter. Quantitative Investment Management LLC bought a new position in Quanta Services in the 3rd quarter valued at approximately $1,383,000. Invesco Ltd. boosted its stake in Quanta Services by 5.4% during the 3rd quarter. Invesco Ltd. now owns 1,805,239 shares of the construction company's stock valued at $748,127,000 after purchasing an additional 93,290 shares during the last quarter. Seven Mile Advisory bought a new stake in shares of Quanta Services in the 3rd quarter worth $206,000. Finally, Sei Investments Co. raised its stake in shares of Quanta Services by 23.5% in the third quarter. Sei Investments Co. now owns 76,668 shares of the construction company's stock worth $31,773,000 after purchasing an additional 14,594 shares during the last quarter. Hedge funds and other institutional investors own 90.49% of the company's stock.

Analyst Upgrades and Downgrades

PWR has been the topic of several research analyst reports. Roth Mkm restated a "buy" rating and set a $600.00 target price on shares of Quanta Services in a research note on Friday, February 20th. UBS Group raised their target price on shares of Quanta Services from $518.00 to $646.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Mizuho lifted their target price on shares of Quanta Services from $424.00 to $537.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 24th. Wolfe Research boosted their target price on shares of Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a research note on Friday, February 20th. Finally, Truist Financial restated a "buy" rating and issued a $643.00 price target (up from $548.00) on shares of Quanta Services in a research note on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Quanta Services currently has a consensus rating of "Moderate Buy" and a consensus price target of $576.55.

Quanta Services Stock Down 0.1%

PWR stock opened at $567.02 on Friday. The business's 50-day moving average price is $501.88 and its 200-day moving average price is $451.18. The stock has a market cap of $84.84 billion, a P/E ratio of 83.38, a PEG 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 $576.86. 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 analysts' consensus estimates 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%. The firm's revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, equities research analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current year.

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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