Quanta Services, Inc. $PWR Shares Sold by F m Investments LLC

Key Points

• F m Investments LLC trimmed its stake in Quanta Services by 16.8% in Q3, selling 4,548 shares and leaving 22,567 shares valued at about $9.35 million.
• Several analysts have raised price targets (e.g., UBS to $646, Argus to $650, Citi to $640), and the stock carries a consensus rating of Moderate Buy with an average target of $576.55.
• Quanta beat quarterly estimates with $3.16 EPS versus $3.02 expected and $7.84B revenue (up 19.7% YoY), and set FY2026 guidance of $12.65–$13.35 EPS.

F m Investments LLC trimmed its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 16.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,567 shares of the construction company's stock after selling 4,548 shares during the quarter. F m Investments LLC's holdings in Quanta Services were worth $9,352,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC purchased a new position in Quanta Services during the fourth quarter worth approximately $298,000. Woodline Partners LP boosted its holdings in shares of Quanta Services by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company's stock valued at $3,170,000 after purchasing an additional 3,606 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of Quanta Services during the 2nd quarter valued at $351,000. Allworth Financial LP increased its holdings in shares of Quanta Services by 135.2% during the 2nd quarter. Allworth Financial LP now owns 4,399 shares of the construction company's stock worth $1,663,000 after buying an additional 2,529 shares during the last quarter. Finally, Boston Partners purchased a new position in shares of Quanta Services in the 2nd quarter worth $936,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. UBS Group raised their price objective on Quanta Services from $518.00 to $646.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Mizuho boosted their target price on Quanta Services from $424.00 to $537.00 and gave the stock a "neutral" rating in a report on Tuesday, February 24th. Argus raised their price target on shares of Quanta Services from $540.00 to $650.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Wolfe Research lifted their price target on shares of Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Finally, Citigroup boosted their price objective on shares of Quanta Services from $540.00 to $640.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $576.55.

Quanta Services Stock Down 1.5%

Shares of NYSE:PWR opened at $558.55 on Friday. The firm has a market cap of $83.57 billion, a PE ratio of 82.14, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. The company has a fifty day simple moving average of $504.26 and a 200 day simple moving average of $452.43. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $576.86.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly 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. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same period last year, the firm earned $2.94 earnings per share. The company's revenue for the quarter was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, equities research analysts anticipate that Quanta Services, Inc. will post 9.34 EPS for the current fiscal 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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