Strs Ohio Increases Position in Quanta Services, Inc. $PWR

Key Points

• Strs Ohio increased its stake in Quanta Services by 14.4% to 30,328 shares (worth about $12.8M), and other institutions — including Vanguard and Bank of America — hold large positions, with institutional ownership at roughly 90.5%.
• Analysts and media are increasingly bullish — firms like UBS, Goldman Sachs and TD Cowen have raised price targets (to $900, $826 and $775 respectively) and coverage sits at a consensus "Moderate Buy," supported by headlines from Jim Cramer and The Motley Fool.
• Fundamentals are strong: Q1 revenue rose 26.3% and EPS beat estimates ($2.68 vs. $2.04), Quanta raised FY2026 guidance to $13.55–$14.25, though the stock trades at a premium valuation (market cap ~$113.7B; P/E ~104).

Strs Ohio lifted its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,328 shares of the construction company's stock after buying an additional 3,807 shares during the quarter. Strs Ohio's holdings in Quanta Services were worth $12,800,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Quanta Services by 35.6% in the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company's stock worth $1,208,672,000 after buying an additional 765,822 shares during the period. Select Equity Group L.P. boosted its position in Quanta Services by 69.3% in the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company's stock valued at $384,554,000 after buying an additional 416,395 shares during the period. Vanguard Group Inc. grew its stake in Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock worth $7,519,079,000 after acquiring an additional 386,937 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Quanta Services by 29.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company's stock worth $342,428,000 after acquiring an additional 189,134 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Quanta Services by 29.9% during the third quarter. First Trust Advisors LP now owns 812,748 shares of the construction company's stock valued at $336,819,000 after acquiring an additional 186,857 shares in the last quarter. Hedge funds and other institutional investors own 90.49% of the company's stock.

Key Quanta Services News

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

• Positive Sentiment: Major broker upgrades and big price‑target raises — UBS lifted its target to $900 (buy), Goldman Sachs to $826 (buy) and TD Cowen to $775 (buy), signaling stronger analyst conviction and supporting higher expectations for PWR’s multiple. UBS raises PT to $900 Goldman raises PT to $826 TD Cowen raises PT to $775
• Positive Sentiment: Headline media and influencers are bullish — Jim Cramer named Quanta an “obvious winner” from the AI infrastructure buildout and The Motley Fool ran long‑term bullish coverage positioning Quanta as a generational grid-infrastructure growth story, which can boost retail interest. Jim Cramer on Quanta Fool bullish feature
• Positive Sentiment: Structural demand tailwinds from AI data centers and electrification are lifting outlook for power‑grid work and transmission buildouts — a sector-level boost for Quanta’s services. AI data centers reshape power market
• Positive Sentiment: Analyst consensus and recognition — coverage consolidation toward a “Moderate Buy” consensus supports further upward revisions if execution continues. Analyst consensus: Moderate Buy
• Positive Sentiment: Company fundamentals remain supportive — Quanta’s recent Q1 beat, double‑digit revenue growth and raised FY2026 EPS guidance underpin the bullish commentary and justify premium valuation for growth. Zacks: record results

Quanta Services Price Performance

Shares of PWR stock opened at $757.96 on Tuesday. The stock's 50-day moving average is $578.99 and its 200 day moving average is $498.52. Quanta Services, Inc. has a 1-year low of $315.00 and a 1-year high of $763.11. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The company has a market cap of $113.74 billion, a P/E ratio of 103.97, a PEG ratio of 3.37 and a beta of 1.24.

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

Quanta Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services's dividend payout ratio is presently 6.04%.

Analysts Set New Price Targets

Several research analysts have commented on PWR shares. Weiss Ratings restated a "buy (b-)" rating on shares of Quanta Services in a report on Friday, April 10th. Jefferies Financial Group upped their target price on Quanta Services from $634.00 to $654.00 and gave the stock a "buy" rating in a report on Thursday, April 2nd. Evercore raised their price target on Quanta Services from $635.00 to $800.00 and gave the company an "outperform" rating in a research note on Friday. JPMorgan Chase & Co. lifted their price objective on Quanta Services from $627.00 to $805.00 and gave the company an "overweight" rating in a report on Friday. Finally, Wolfe Research raised their target price on shares of Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Quanta Services presently has a consensus rating of "Moderate Buy" and a consensus price target of $678.00.

Quanta Services Company 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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