Sarasin & Partners LLP Sells 4,683 Shares of Quanta Services, Inc. $PWR

Key Points

• Sarasin & Partners LLP reduced its stake in Quanta Services by 19.7%, selling 4,683 shares in Q4 and leaving 19,104 shares valued at about $8.06 million; institutional investors own 90.49% of the stock.
• Analyst coverage is broadly positive — several firms raised price targets (e.g., Cantor Fitzgerald to $630, Citigroup to $640, UBS to $646) and the consensus rating is a Moderate Buy with an average target of $576.55.
• Quanta beat quarterly estimates with EPS of $3.16 (vs. $3.02) and revenue of $7.84B (up 19.7% YoY), set FY2026 guidance of $12.65–$13.35 EPS, and announced a $0.11 quarterly dividend (0.1% yield).

Sarasin & Partners LLP reduced its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 19.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,104 shares of the construction company's stock after selling 4,683 shares during the quarter. Sarasin & Partners LLP's holdings in Quanta Services were worth $8,063,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Procyon Advisors LLC bought a new position in shares of Quanta Services in the fourth quarter worth about $234,000. CWA Asset Management Group LLC grew its stake in shares of Quanta Services by 7.2% during the 4th quarter. CWA Asset Management Group LLC now owns 686 shares of the construction company's stock valued at $290,000 after acquiring an additional 46 shares during the period. Baldwin Wealth Partners LLC MA increased its holdings in Quanta Services by 6.2% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 23,626 shares of the construction company's stock worth $9,972,000 after acquiring an additional 1,374 shares in the last quarter. Sagespring Wealth Partners LLC raised its stake in Quanta Services by 16.0% during the 4th quarter. Sagespring Wealth Partners LLC now owns 1,602 shares of the construction company's stock worth $671,000 after acquiring an additional 221 shares during the period. Finally, TrueWealth Advisors LLC purchased a new position in Quanta Services during the fourth quarter valued at approximately $421,000. Institutional investors own 90.49% of the company's stock.

Wall Street Analyst Weigh In

PWR has been the subject of a number of analyst reports. Cantor Fitzgerald increased their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an "overweight" rating in a research note on Friday, February 20th. Citigroup lifted their target price on shares of Quanta Services from $540.00 to $640.00 and gave the company a "buy" rating in a research note on Friday, February 20th. TD Cowen upped their target price on shares of Quanta Services from $425.00 to $570.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. UBS Group increased their price target on Quanta Services from $518.00 to $646.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Finally, Evercore restated an "outperform" rating and issued a $604.00 price objective on shares of Quanta Services in a research report on Friday, February 20th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $576.55.

Quanta Services Trading Down 3.8%

Shares of Quanta Services stock opened at $555.73 on Friday. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $583.73. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $518.34 and a 200-day moving average price of $459.56. The firm has a market cap of $83.15 billion, a price-to-earnings ratio of 81.72, a PEG ratio of 2.52 and a beta of 1.10.

Quanta Services (NYSE:PWR - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts' consensus estimates of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The firm's revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research 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 will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services's dividend payout ratio is currently 6.47%.

Quanta Services Profile

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.

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).

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.