Quanta Services, Inc. $PWR Shares Sold by Ascent Group LLC

Key Points

• Ascent Group LLC reduced its stake in Quanta Services by 26.1% in Q4, selling 2,019 shares and retaining 5,704 shares valued at $2.407M, while institutional investors now own 90.49% of the company with large additions from Vanguard, DZ BANK and Bank of America.
• Analysts have been raising targets and ratings recently, leaving the stock with a consensus rating of Moderate Buy and a consensus price target of $593.23 (18 Buy vs. 6 Hold ratings).
• Quanta beat quarterly expectations with EPS $3.16 vs. $3.02 and revenue of $7.84B (up 19.7% YoY), issued FY2026 EPS guidance of 12.65–13.35, and declared a quarterly dividend of $0.11 per share.

Ascent Group LLC decreased its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,704 shares of the construction company's stock after selling 2,019 shares during the quarter. Ascent Group LLC's holdings in Quanta Services were worth $2,407,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Quanta Services by 57.2% during the 2nd 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 buying an additional 882,209 shares during the last quarter. Bank of America Corp DE raised its position in shares of Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company's stock valued at $1,208,672,000 after acquiring an additional 765,822 shares in the last quarter. Select Equity Group L.P. lifted its stake in Quanta Services by 69.3% during the second quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company's stock worth $384,554,000 after purchasing an additional 416,395 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Quanta Services by 2.2% in the third quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock worth $7,519,079,000 after purchasing an additional 386,937 shares during the period. Finally, DAVENPORT & Co LLC bought a new stake in Quanta Services during the third quarter valued at $97,080,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PWR. Mizuho lifted their price target on shares of Quanta Services from $537.00 to $580.00 and gave the company a "neutral" rating in a report on Monday, March 30th. DA Davidson increased their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their target price on shares of Quanta Services from $515.00 to $627.00 and gave the stock an "overweight" rating in a report on Friday, February 20th. Jefferies Financial Group lifted their target price on Quanta Services from $634.00 to $654.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Argus increased their price target on Quanta Services from $540.00 to $650.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $593.23.

Quanta Services Price Performance

Shares of Quanta Services stock opened at $561.15 on Monday. Quanta Services, Inc. has a 52 week low of $227.08 and a 52 week high of $583.73. 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 $83.96 billion, a PE ratio of 82.52, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The company's 50-day moving average price is $538.58 and its two-hundred day moving average price is $472.71.

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

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services's payout ratio is currently 6.47%.

Quanta Services 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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