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Quanta Services, Inc. $PWR Shares Sold by Robeco Institutional Asset Management B.V.

Quanta Services logo with Construction background
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Key Points

  • Robeco Institutional Asset Management trimmed its position by 17.1%, selling 16,234 shares and leaving it with 78,455 Quanta Services shares (about 0.05% of the company) valued at $33.11 million.
  • Quanta beat estimates for the quarter with $3.16 EPS (vs. $3.02 consensus) and $7.84 billion in revenue (up 19.7% YoY), and set FY2026 guidance of approximately $12.65–$13.35 EPS.
  • Analysts have raised price targets (recently $576–$647) to a consensus target of $595.50, while the stock trades near its one-year high (~$596) and institutional investors own about 90.49% of shares.
  • Five stocks to consider instead of Quanta Services.

Robeco Institutional Asset Management B.V. trimmed its position in Quanta Services, Inc. (NYSE:PWR - Free Report) by 17.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,455 shares of the construction company's stock after selling 16,234 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.05% of Quanta Services worth $33,113,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PWR. Bank of America Corp DE lifted its holdings in shares of Quanta Services by 35.6% in the third 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 buying an additional 765,822 shares during the period. Select Equity Group L.P. lifted its holdings in shares of Quanta Services by 69.3% in the second quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company's stock valued at $384,554,000 after buying an additional 416,395 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Quanta Services by 2.2% in the third quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock valued at $7,519,079,000 after buying an additional 386,937 shares during the period. DAVENPORT & Co LLC acquired a new stake in shares of Quanta Services in the third quarter valued at $97,080,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Quanta Services by 29.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company's stock valued at $342,428,000 after buying an additional 189,134 shares during the period. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Price Performance

Shares of NYSE:PWR opened at $596.25 on Tuesday. Quanta Services, Inc. has a one year low of $251.04 and a one year high of $596.42. The stock has a fifty day moving average of $550.23 and a 200-day moving average of $480.31. The company has a market capitalization of $89.21 billion, a PE ratio of 87.68, a price-to-earnings-growth ratio of 2.66 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14.

Quanta Services (NYSE:PWR - Get Free Report) last announced its 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 net margin of 3.61% and a return on equity of 18.10%. The company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same period in the previous year, the business earned $2.94 EPS. The company'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, equities analysts anticipate that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services's payout ratio is 6.47%.

Analysts Set New Price Targets

Several analysts have recently weighed in on PWR shares. Weiss Ratings restated a "buy (b-)" rating on shares of Quanta Services in a report on Friday. Wolfe Research upped their price target on Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on Quanta Services from $515.00 to $627.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Cantor Fitzgerald increased their price objective on Quanta Services from $520.00 to $630.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Finally, Stifel Nicolaus set a $647.00 price objective on Quanta Services in a research report on Monday, February 23rd. Eighteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $595.50.

View Our Latest Report on PWR

About Quanta Services

(Free Report)

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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Want to see what other hedge funds are holding PWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quanta Services, Inc. (NYSE:PWR - Free Report).

Institutional Ownership by Quarter for Quanta Services (NYSE:PWR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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