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

Horizon Investments LLC decreased its position in Quanta Services, Inc. (NYSE:PWR - Free Report) by 41.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,511 shares of the construction company's stock after selling 3,252 shares during the quarter. Horizon Investments LLC's holdings in Quanta Services were worth $1,903,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in PWR. Lansforsakringar Fondforvaltning AB publ increased its stake in shares of Quanta Services by 5.4% during 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 last quarter. Chilton Capital Management LLC increased its stake in shares of Quanta Services by 63.3% during 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 last quarter. Atria Investments Inc increased its stake in shares of Quanta Services by 20.4% during 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 last quarter. Westfield Capital Management Co. LP increased 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 valued at $101,743,000 after acquiring an additional 75,449 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. acquired a new position in shares of Quanta Services during the 3rd quarter valued at about $1,752,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Sanford C. Bernstein upped their price objective on shares of Quanta Services from $538.00 to $725.00 and gave the company a "market perform" rating in a research note on Tuesday. Evercore upped their price objective on shares of Quanta Services from $635.00 to $800.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. B. Riley Financial reaffirmed a "neutral" rating on shares of Quanta Services in a research note on Friday. Citigroup upped their price objective on shares of Quanta Services from $640.00 to $733.00 and gave the company a "buy" rating in a research note on Monday, April 27th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Quanta Services in a report on Friday, April 10th. Eighteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $695.73.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Major buy-side upgrades and sizable target increases from Jefferies (to $857) signal stronger revenue/profit expectations and underpin upside. Jefferies Raises PT to $857
• Positive Sentiment: UBS raised its target to $900 (buy), a strong signal that brokers see continued upside tied to infrastructure and electrification spending. UBS Raises PT to $900
• Positive Sentiment: Goldman Sachs increased its PT to $826 and keeps a buy rating, supporting broader institutional confidence in Quanta’s growth runway. Goldman Raises PT to $826
• Positive Sentiment: TD Cowen reiterated a buy and issued a positive forecast (also recently raised its PT to $775), adding another buy-side endorsement. TD Cowen Keeps Buy Rating
• Positive Sentiment: Zacks highlights Quanta’s record $48.5 billion Q1 backlog and supply-chain investments, which materially boost revenue visibility and support another growth leg. Zacks on $48.5B Backlog
• Positive Sentiment: Industry pieces argue AI/data-center buildouts are driving heavy demand for substations, transformers and grid upgrades — a structural tailwind for Quanta. The Real AI Trade May Be Power Equipment
• Neutral Sentiment: Analyst consensus remains a "Moderate Buy" — supportive but not unanimous, implying some caution among brokers. Consensus Moderate Buy
• Neutral Sentiment: Investor-oriented features (Zacks, The Motley Fool) tout long-term growth potential; useful for sentiment but less immediately price-moving than fresh earnings/backlog or analyst PTs. Zacks Long-Term Take
• Negative Sentiment: Sanford C. Bernstein kept a "market perform" stance despite raising its PT to $725 — their view implies limited near-term upside (and even a slight drawback vs. the current price). Bernstein Raises PT but Keeps Market Perform

Quanta Services Stock Up 1.9%

Shares of NYSE:PWR opened at $771.41 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services, Inc. has a 1 year low of $315.45 and a 1 year high of $777.84. The stock has a market capitalization of $115.76 billion, a P/E ratio of 105.82, a PEG ratio of 2.79 and a beta of 1.24. The stock has a 50-day simple moving average of $583.37 and a 200-day simple moving average of $500.88.

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

Quanta Services Dividend Announcement

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

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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