Tower View Wealth Management LLC Trims Position in Quanta Services, Inc. $PWR

Key Points

• Tower View trimmed its stake in Quanta Services by 13.0% in Q4, selling 2,065 shares and ending the quarter with 13,868 shares worth about $5.85 million, making PWR 2.9% of its portfolio (its 12th largest holding).
• Analysts have been raising targets and ratings—18 Buys vs. 6 Holds—giving a consensus "Moderate Buy" and a consensus price target of $595.50.
• Quanta posted an earnings beat (EPS $3.16 vs. $3.02) with revenue up 19.7% to $7.84 billion and set FY2026 guidance of $12.65–$13.35 EPS.

Tower View Wealth Management LLC lessened its stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 13.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,868 shares of the construction company's stock after selling 2,065 shares during the quarter. Quanta Services comprises 2.9% of Tower View Wealth Management LLC's portfolio, making the stock its 12th largest holding. Tower View Wealth Management LLC's holdings in Quanta Services were worth $5,853,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Sunburst Financial Group LLC grew its holdings in shares of Quanta Services by 2.0% during the fourth quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company's stock worth $484,000 after purchasing an additional 22 shares in the last quarter. Spirepoint Private Client LLC grew its holdings in shares of Quanta Services by 2.0% during the fourth quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company's stock worth $467,000 after purchasing an additional 22 shares in the last quarter. Rothschild Investment LLC grew its holdings in shares of Quanta Services by 2.8% during the third quarter. Rothschild Investment LLC now owns 850 shares of the construction company's stock worth $352,000 after purchasing an additional 23 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Quanta Services by 0.5% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company's stock worth $1,968,000 after purchasing an additional 23 shares in the last quarter. Finally, Wealth Alliance LLC grew its holdings in shares of Quanta Services by 1.4% during the third quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company's stock worth $678,000 after purchasing an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 90.49% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on PWR. The Goldman Sachs Group boosted their price objective on Quanta Services from $495.00 to $685.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. TD Cowen boosted their price objective on Quanta Services from $425.00 to $570.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Citigroup boosted their price objective on Quanta Services from $540.00 to $640.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Roth Mkm boosted their price objective on Quanta Services from $600.00 to $650.00 and gave the stock a "buy" rating in a report on Monday, April 6th. Finally, Wolfe Research boosted their price objective on Quanta Services from $477.00 to $576.00 and gave the stock an "outperform" rating in a report on Friday, February 20th. Eighteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $595.50.

Quanta Services Stock Performance

Shares of PWR stock opened at $596.25 on Tuesday. The stock has a fifty day moving average of $550.23 and a 200 day moving average of $480.31. Quanta Services, Inc. has a 52 week low of $251.04 and a 52 week high of $596.42. The firm has a market capitalization of $89.21 billion, a price-to-earnings ratio of 87.68, a PEG ratio of 2.66 and a beta of 1.10. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58.

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, topping analysts' consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. During the same quarter last year, the firm posted $2.94 earnings per share. The firm's revenue was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, research analysts expect that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Quanta Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were paid a $0.11 dividend. 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 (DPR) is presently 6.47%.

About Quanta Services

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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