Quanta Services, Inc. $PWR Shares Acquired by Franklin Resources Inc.

Key Points

• Franklin Resources increased its stake in Quanta Services by 18.5%, buying an additional 79,751 shares to own 511,450 shares worth about $211.96 million as of the latest 13F filing.
• Quanta reported a quarterly earnings beat (EPS $3.16 vs. $3.02 est.) and revenue of $7.84B (up 19.7% YoY), and issued FY2026 guidance of 12.650–13.350 EPS.
• Institutional investors own 90.49% of the stock (Vanguard holds ~18.14M shares), the company has a market cap of ~$84.8B and a high PE of 83.38, and analysts have a consensus rating of “Moderate Buy” with an average target of $576.55.

Franklin Resources Inc. increased its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 18.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 511,450 shares of the construction company's stock after purchasing an additional 79,751 shares during the period. Franklin Resources Inc. owned 0.34% of Quanta Services worth $211,955,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PWR. Vanguard Group Inc. increased its stake in shares of Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock valued at $7,519,079,000 after acquiring an additional 386,937 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Quanta Services by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 6,821,962 shares of the construction company's stock valued at $2,579,259,000 after purchasing an additional 49,334 shares during the period. State Street Corp increased its position in Quanta Services by 0.4% during the second quarter. State Street Corp now owns 6,007,287 shares of the construction company's stock worth $2,271,235,000 after purchasing an additional 24,669 shares during the last quarter. Geode Capital Management LLC increased its position in Quanta Services by 4.1% during the second quarter. Geode Capital Management LLC now owns 3,873,293 shares of the construction company's stock worth $1,458,362,000 after purchasing an additional 152,823 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Quanta Services by 57.2% during 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 worth $917,009,000 after purchasing an additional 882,209 shares during the period. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Trading Down 0.1%

Shares of PWR opened at $567.02 on Friday. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $576.86. The stock's 50-day moving average is $501.88 and its two-hundred day moving average is $451.18. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The stock has a market cap of $84.84 billion, a PE ratio of 83.38, a P/E/G ratio of 2.58 and a beta of 1.10.

Quanta Services (NYSE:PWR - Get Free Report) last posted its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.14. The business had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on PWR shares. Bank of America boosted their price objective on shares of Quanta Services from $500.00 to $610.00 and gave the company a "buy" rating in a research note on Friday, February 20th. Stifel Nicolaus set a $647.00 target price on Quanta Services in a report on Monday, February 23rd. B. Riley Financial boosted their price target on Quanta Services from $450.00 to $565.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. DA Davidson raised their price objective on Quanta Services from $450.00 to $575.00 and gave the stock a "neutral" rating in a report on Friday, February 20th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $600.00 price objective on shares of Quanta Services in a research note on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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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