US Bancorp DE Purchases 1,635 Shares of Quanta Services, Inc. $PWR

Key Points

• US Bancorp DE boosted its stake in Quanta Services by 5.5%, buying 1,635 shares to hold 31,338 shares worth about $13.23 million; roughly 90.49% of the stock is owned by hedge funds and other institutional investors.
• Quanta delivered a strong Q1 beat and raised guidance — revenue $7.87B and adjusted EPS $2.68 — and set FY‑2026 guidance of $13.55–$14.25 EPS and ~$34.7–$35.2B revenue, prompting multiple broker price‑target upgrades into the ~$777–$805 range.
• The stock is trading near its 52‑week high (~$741) amid a high valuation (PE ~101.7) and a tiny dividend yield (0.1%), while consensus analyst coverage remains a "Moderate Buy" with an average target of about $650.73.

US Bancorp DE raised its position in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,338 shares of the construction company's stock after acquiring an additional 1,635 shares during the quarter. US Bancorp DE's holdings in Quanta Services were worth $13,227,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Levin Capital Strategies L.P. purchased a new position in shares of Quanta Services during the fourth quarter valued at approximately $270,000. GC Wealth Management RIA LLC lifted its holdings in shares of Quanta Services by 1.8% during the fourth quarter. GC Wealth Management RIA LLC now owns 19,296 shares of the construction company's stock valued at $8,144,000 after purchasing an additional 335 shares during the last quarter. Interchange Capital Partners LLC purchased a new position in shares of Quanta Services during the fourth quarter valued at approximately $252,000. Aries Wealth Management lifted its holdings in shares of Quanta Services by 6.3% during the fourth quarter. Aries Wealth Management now owns 521 shares of the construction company's stock valued at $220,000 after purchasing an additional 31 shares during the last quarter. Finally, Archer Investment Corp lifted its holdings in shares of Quanta Services by 13.3% during the fourth quarter. Archer Investment Corp now owns 5,100 shares of the construction company's stock valued at $2,153,000 after purchasing an additional 600 shares during the last quarter. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services News Summary

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

• Positive Sentiment: Record Q1 results and guidance lift — Quanta reported $7.87B revenue and adjusted EPS $2.68 (well above estimates), disclosed record backlog/RPO and raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2B revenue; this operational beat and higher outlook underpin the rally. PR Newswire: Q1 Results
• Positive Sentiment: Top-line and execution coverage — multiple outlets highlight the EPS/revenue beat and raised outlook, signaling broad market recognition of stronger infrastructure demand and margin improvement. Zacks: Q1 Earnings Top Estimates
• Positive Sentiment: Major broker upgrades/target hikes — Several firms raised price targets and kept/added outperform/overweight ratings (BMO to $800, Evercore to $800, JPMorgan to $805, Robert W. Baird to $777). These increases endorse the company’s growth trajectory and likely attract additional demand for the stock. MarketScreener: BMO MarketScreener: Evercore MarketScreener: JPMorgan
• Neutral Sentiment: Market commentary and transcript coverage — Coverage from The Motley Fool, Seeking Alpha and other outlets explains the rally and details from the earnings call; useful for context but less likely to move price than hard results or broker actions. Fool: Why Quanta Is Powering Higher Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: One dissenting analyst view — Mizuho raised its target to $693 but kept a neutral rating; that PT sits below the current share price and could temper gains if investors focus on that lower valuation. MarketScreener: Mizuho

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PWR shares. Mizuho lifted their target price on shares of Quanta Services from $580.00 to $693.00 and gave the company a "neutral" rating in a report on Friday. BNP Paribas Exane began coverage on shares of Quanta Services in a report on Tuesday, April 14th. They set a "neutral" rating for the company. Cantor Fitzgerald boosted their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an "overweight" rating in a report on Friday, February 20th. B. Riley Financial restated a "neutral" rating on shares of Quanta Services in a report on Friday. Finally, Wolfe Research boosted their price objective on shares of 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 seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $650.73.

Quanta Services Price Performance

Shares of PWR opened at $741.44 on Friday. The firm has a market cap of $111.26 billion, a PE ratio of 101.71, a P/E/G ratio of 3.37 and a beta of 1.24. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $578.99 and a two-hundred day simple moving average of $498.07. Quanta Services, Inc. has a 1-year low of $315.00 and a 1-year high of $742.33.

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

Quanta Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services's dividend payout ratio is 6.47%.

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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