Segment Wealth Management LLC Has $5.75 Million Holdings in Quanta Services, Inc. $PWR

Key Points

• Segment Wealth Management trimmed its position in Quanta by 38.1%, selling 8,378 shares and leaving a holding of 13,634 shares valued at about $5.75 million in its latest 13F.
• Several Wall Street firms boosted price targets recently (UBS, Goldman, Evercore, Wolfe, Stifel), leaving a consensus rating of Moderate Buy and an average price target of $599.
• Quanta beat quarterly expectations with $3.16 EPS (vs. $3.02 est.) and $7.84B revenue (vs. $7.38B est.), set FY2026 guidance of 12.65–13.35 EPS, and trades near $625 with a ~$93.8B market cap.

Segment Wealth Management LLC lowered its position in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 38.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,634 shares of the construction company's stock after selling 8,378 shares during the quarter. Segment Wealth Management LLC's holdings in Quanta Services were worth $5,754,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in PWR. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services during the second quarter valued at approximately $26,000. Activest Wealth Management raised its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company's stock valued at $27,000 after acquiring an additional 32 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services during the fourth quarter valued at approximately $28,000. Cornerstone Planning Group LLC raised its holdings in shares of Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock valued at $30,000 after acquiring an additional 49 shares during the period. Finally, GPS Wealth Strategies Group LLC acquired a new stake in shares of Quanta Services during the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Wall Street Analyst Weigh In

PWR has been the topic of a number of recent analyst reports. UBS Group boosted their price target on shares of Quanta Services from $518.00 to $646.00 and gave the company a "buy" rating in a report on Friday, February 20th. Wolfe Research boosted their price target on shares of Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a report on Friday, February 20th. Evercore boosted their price target on shares of Quanta Services from $604.00 to $635.00 and gave the company an "outperform" rating in a report on Wednesday, April 1st. The Goldman Sachs Group boosted their price target on shares of Quanta Services from $495.00 to $685.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Finally, Stifel Nicolaus upped their price objective on shares of Quanta Services from $647.00 to $654.00 and gave the company a "buy" rating in a research note on Thursday, April 16th. Eighteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, Quanta Services presently has a consensus rating of "Moderate Buy" and an average price target of $599.00.

Quanta Services Stock Down 1.3%

Quanta Services stock opened at $625.40 on Friday. The firm has a market cap of $93.84 billion, a PE ratio of 91.97, a P/E/G ratio of 2.87 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. The firm's 50 day moving average price is $568.94 and its two-hundred day moving average price is $491.27. Quanta Services, Inc. has a twelve month low of $281.17 and a twelve month high of $638.90.

Quanta Services (NYSE:PWR - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The company's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, research analysts predict that Quanta Services, Inc. will post 11.97 EPS for the current fiscal year.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date was 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.

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