Stevens Capital Management LP Takes Position in Quanta Services, Inc. $PWR

Key Points

• Stevens Capital Management bought a new position in Quanta Services (NYSE: PWR) of 1,507 shares worth about $636,000 in Q4, and hedge funds/institutional investors now own roughly 90.49% of the stock.
• Quanta topped Q1 expectations with EPS of $2.68 (vs. $2.04 est.) and revenue of $7.87B (vs. $7.0B est.), with revenue up 26.3% YoY and FY2026 guidance set at $13.55–$14.25 EPS.
• Several brokers raised targets—Jefferies to $857, UBS to $900 and Goldman to $826—leaving a consensus rating of Moderate Buy and a consensus price target of $695.73.

Stevens Capital Management LP purchased a new position in Quanta Services, Inc. (NYSE:PWR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,507 shares of the construction company's stock, valued at approximately $636,000.

A number of other hedge funds have also added to or reduced their stakes in PWR. Lansforsakringar Fondforvaltning AB publ lifted its holdings in Quanta Services by 5.4% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company's stock worth $19,316,000 after buying an additional 2,375 shares during the period. Chilton Capital Management LLC raised its position in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company's stock worth $69,016,000 after acquiring an additional 64,560 shares in the last quarter. Atria Investments Inc lifted its stake in shares of Quanta Services by 20.4% in the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company's stock valued at $5,727,000 after purchasing an additional 2,340 shares during the period. Westfield Capital Management Co. LP lifted its stake in shares of Quanta Services by 44.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company's stock valued at $101,743,000 after purchasing an additional 75,449 shares during the period. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new stake in shares of Quanta Services during the third quarter valued at approximately $1,752,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Stock Up 1.9%

NYSE:PWR opened at $771.41 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The firm has a market cap of $115.76 billion, a P/E ratio of 105.82, a P/E/G ratio of 2.79 and a beta of 1.24. Quanta Services, Inc. has a fifty-two week low of $315.45 and a fifty-two week high of $777.84. The firm has a 50-day simple moving average of $583.37 and a two-hundred day simple moving average of $500.88.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating analysts' consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion for the quarter, compared to analysts' expectations of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The business's revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Analysts predict that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The firm 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 was Thursday, April 2nd. Quanta Services's dividend payout ratio (DPR) is currently 6.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PWR shares. Jefferies Financial Group increased their price objective on Quanta Services from $654.00 to $857.00 and gave the stock a "buy" rating in a report on Monday. Truist Financial set a $851.00 target price on shares of Quanta Services in a research report on Friday. Wolfe Research increased their price target on shares of Quanta Services from $477.00 to $576.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Roth Mkm lifted their price target on shares of Quanta Services from $600.00 to $650.00 and gave the company a "buy" rating in a research report on Monday, April 6th. Finally, Mizuho upped their price objective on shares of Quanta Services from $580.00 to $693.00 and gave the stock a "neutral" rating in a report on Friday, May 1st. Eighteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $695.73.

Quanta Services News Roundup

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

• Positive Sentiment: Major buy-side upgrades and sizable target increases from Jefferies (to $857) signal stronger revenue/profit expectations and underpin upside. Jefferies Raises PT to $857
• Positive Sentiment: UBS raised its target to $900 (buy), a strong signal that brokers see continued upside tied to infrastructure and electrification spending. UBS Raises PT to $900
• Positive Sentiment: Goldman Sachs increased its PT to $826 and keeps a buy rating, supporting broader institutional confidence in Quanta’s growth runway. Goldman Raises PT to $826
• Positive Sentiment: TD Cowen reiterated a buy and issued a positive forecast (also recently raised its PT to $775), adding another buy-side endorsement. TD Cowen Keeps Buy Rating
• Positive Sentiment: Zacks highlights Quanta’s record $48.5 billion Q1 backlog and supply-chain investments, which materially boost revenue visibility and support another growth leg. Zacks on $48.5B Backlog
• Positive Sentiment: Industry pieces argue AI/data-center buildouts are driving heavy demand for substations, transformers and grid upgrades — a structural tailwind for Quanta. The Real AI Trade May Be Power Equipment
• Neutral Sentiment: Analyst consensus remains a "Moderate Buy" — supportive but not unanimous, implying some caution among brokers. Consensus Moderate Buy
• Neutral Sentiment: Investor-oriented features (Zacks, The Motley Fool) tout long-term growth potential; useful for sentiment but less immediately price-moving than fresh earnings/backlog or analyst PTs. Zacks Long-Term Take
• Negative Sentiment: Sanford C. Bernstein kept a "market perform" stance despite raising its PT to $725 — their view implies limited near-term upside (and even a slight drawback vs. the current price). Bernstein Raises PT but Keeps Market Perform

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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