Quantitative Investment Management LLC Makes New $1.38 Million Investment in Quanta Services, Inc. $PWR

Key Points

• Quantitative Investment Management LLC initiated a new stake in Quanta Services (NYSE:PWR), buying 3,338 shares in Q3 valued at about $1.383 million.
• Several analysts have raised price targets recently, leaving the stock with a consensus "Moderate Buy" rating and an average target of $576.55.
• Quanta topped quarterly estimates with EPS of $3.16 (vs. $3.02) and revenue of $7.84 billion (up 19.7% y/y), and set FY2026 guidance of $12.65–$13.35 EPS.

Quantitative Investment Management LLC acquired a new stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,338 shares of the construction company's stock, valued at approximately $1,383,000.

A number of other institutional investors have also made changes to their positions in PWR. Activest Wealth Management increased its stake in Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company's stock worth $27,000 after buying an additional 32 shares during the period. Darwin Wealth Management LLC purchased a new position in Quanta Services in the 2nd quarter valued at about $26,000. Cornerstone Planning Group LLC boosted its position in Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock valued at $30,000 after buying an additional 49 shares during the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in shares of Quanta Services during the third quarter valued at about $38,000. Finally, Guerra Advisors Inc purchased a new stake in shares of Quanta Services during the third quarter worth about $38,000. 90.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on PWR shares. DA Davidson increased their price target on Quanta Services from $450.00 to $575.00 and gave the company a "neutral" rating in a report on Friday, February 20th. B. Riley Financial upped their target price on Quanta Services from $450.00 to $565.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. TD Cowen increased their target price on Quanta Services from $425.00 to $570.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Argus raised their price target on shares of Quanta Services from $540.00 to $650.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Finally, Citigroup lifted their price target 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 research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $576.55.

Quanta Services Stock Down 0.1%

NYSE:PWR opened at $567.02 on Friday. 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 50 day moving average of $501.88 and a 200-day moving average of $451.18. The firm has a market capitalization of $84.84 billion, a PE ratio of 83.38, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. Quanta Services, Inc. has a 52 week low of $227.08 and a 52 week high of $576.86.

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