Robeco Institutional Asset Management B.V. Sells 29,548 Shares of Quanta Services, Inc. $PWR

Robeco Institutional Asset Management B.V. lessened its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 41.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,955 shares of the construction company's stock after selling 29,548 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Quanta Services were worth $26,957,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in PWR. State Street Corp raised its position in shares of Quanta Services by 4.7% in the 2nd quarter. State Street Corp now owns 6,581,807 shares of the construction company's stock worth $4,739,164,000 after buying an additional 296,893 shares during the period. Bank of America Corp DE grew its position in Quanta Services by 5.4% during the first quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company's stock valued at $1,891,215,000 after acquiring an additional 175,184 shares during the period. Royal Bank of Canada grew its position in Quanta Services by 7.1% during the first quarter. Royal Bank of Canada now owns 1,264,827 shares of the construction company's stock valued at $694,415,000 after acquiring an additional 83,363 shares during the period. First Trust Advisors LP grew its position in Quanta Services by 18.3% during the first quarter. First Trust Advisors LP now owns 1,003,917 shares of the construction company's stock valued at $551,170,000 after acquiring an additional 155,529 shares during the period. Finally, Amundi increased its stake in Quanta Services by 10.3% during the first quarter. Amundi now owns 580,718 shares of the construction company's stock worth $318,826,000 after acquiring an additional 54,237 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Exposure to grid modernization and AI infrastructure: Polen Capital highlighted Quanta Services as a beneficiary of long-term investment in power-grid modernization and infrastructure supporting artificial intelligence. This supports the bullish view that demand for the company’s engineering and construction services can remain strong. Quanta Services, Inc. (PWR) Offers Exposure to Grid Modernization and AI Infrastructure
• Positive Sentiment: Potential earnings beat: Zacks said Quanta has factors supporting a possible earnings beat in its upcoming quarterly report, including favorable earnings expectations and its Earnings ESP indicator. A stronger-than-expected result or outlook could help stabilize the shares. Quanta Services Earnings Expected to Grow
• Neutral Sentiment: Earnings are the next major catalyst: Quanta is scheduled to report results on Thursday, making revenue, margins, backlog and forward guidance particularly important after the recent share-price weakness. Quanta Services Set to Post Earnings on Thursday
• Neutral Sentiment: Analysts are also screening Quanta among construction companies that could beat quarterly estimates, reinforcing the possibility of a positive earnings surprise but offering no new company-specific results. Construction Stocks That Could Beat Earnings
• Negative Sentiment: Broad selloff and bearish options positioning: PWR declined substantially in the latest session, while unusually high put-option activity suggests traders are hedging against—or speculating on—additional downside. The move may also reflect profit-taking and concern that the stock’s premium valuation leaves little room for disappointment. Traders Buy High Volume of Quanta Services Put Options

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Robert W. Baird set a $728.00 price objective on Quanta Services in a report on Friday, July 31st. Weiss Ratings upgraded Quanta Services from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, October 13th. Jefferies Financial Group reiterated a "buy" rating and set a $833.00 target price on shares of Quanta Services in a report on Thursday, August 13th. Cantor Fitzgerald reissued an "overweight" rating and set a $862.00 target price on shares of Quanta Services in a research report on Monday, October 5th. Finally, The Goldman Sachs Group set a $781.00 price target on shares of Quanta Services in a report on Thursday. Twenty-three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $761.24.

Quanta Services Stock Down 1.0%

PWR stock opened at $546.89 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. Quanta Services, Inc. has a 1-year low of $408.36 and a 1-year high of $788.75. The firm has a fifty day moving average price of $640.38 and a two-hundred day moving average price of $663.20. The firm has a market cap of $82.22 billion, a price-to-earnings ratio of 62.64, a PEG ratio of 1.63 and a beta of 1.27.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The company had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the firm posted $2.48 EPS. The company's revenue for the quarter was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Research analysts predict that Quanta Services, Inc. will post 15.37 EPS for the current year.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were given a dividend of $0.11 per share. The ex-dividend date was Thursday, October 1st. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is 5.04%.

Quanta Services Profile

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.

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