Trilogy Capital Inc. Makes New Investment in Quanta Services, Inc. $PWR

Key Points

• Trilogy Capital Inc. has made a new investment in Quanta Services, acquiring 618 shares valued at approximately $234,000 as per its latest 13F filing.
• Quanta Services reported an earnings per share (EPS) of $2.48 for the latest quarter, exceeding estimates and showing a 21.1% year-over-year revenue increase.
• The company recently declared a quarterly dividend of $0.10 per share, with a dividend yield of 0.1%, scheduled for payment on October 10th.

Trilogy Capital Inc. bought a new position in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 618 shares of the construction company's stock, valued at approximately $234,000.

Several other large investors have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. bought a new stake in shares of Quanta Services during the first quarter worth approximately $25,000. WPG Advisers LLC bought a new stake in Quanta Services in the 1st quarter valued at $31,000. AlphaQuest LLC acquired a new position in Quanta Services in the 1st quarter valued at $35,000. Zions Bancorporation National Association UT bought a new position in Quanta Services during the 1st quarter worth $40,000. Finally, OLD Second National Bank of Aurora acquired a new stake in shares of Quanta Services during the first quarter worth $42,000. 90.49% of the stock is owned by institutional investors.

Quanta Services Stock Up 0.0%

Shares of NYSE PWR opened at $420.71 on Friday. The stock has a 50-day moving average price of $389.67 and a two-hundred day moving average price of $348.44. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $431.24. The company has a current ratio of 1.37, a quick ratio of 1.32 and a debt-to-equity ratio of 0.59. The company has a market cap of $62.69 billion, a price-to-earnings ratio of 65.13, a PEG ratio of 2.50 and a beta of 1.04.

Quanta Services (NYSE:PWR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.04. The company had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.55 billion. Quanta Services had a net margin of 3.73% and a return on equity of 18.41%. The firm's revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.90 EPS. Quanta Services has set its FY 2025 guidance at 10.280-10.880 EPS. As a group, analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Wednesday, October 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is 6.19%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PWR shares. Wall Street Zen lowered shares of Quanta Services from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. TD Cowen lifted their price target on shares of Quanta Services from $355.00 to $425.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Northland Capmk cut Quanta Services from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 2nd. Northland Securities lowered Quanta Services from an "outperform" rating to a "market perform" rating and set a $354.00 price objective on the stock. in a research note on Wednesday, July 2nd. Finally, Citigroup upped their target price on Quanta Services from $432.00 to $492.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, Quanta Services has a consensus rating of "Moderate Buy" and a consensus target price of $404.27.

Quanta Services Company Profile

Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

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