Vanguard Group Inc. Sells 58,628 Shares of Quanta Services, Inc. $PWR

Key Points

• Vanguard Group trimmed its stake in Quanta by 0.3%, selling 58,628 shares and now holds 18,084,991 shares (about 12.13% ownership) valued at roughly $7.63 billion.
• Quanta beat expectations for the quarter with $3.16 EPS vs $3.02 expected and $7.84B revenue vs $7.38B expected, and set FY2026 guidance of $12.65–$13.35 per share (consensus ~11.97).
• Analysts remain mostly positive: 18 Buys and 7 Holds with an average target of $599, while the stock has a market cap of ~$93.9B and a high P/E of 91.97.

Vanguard Group Inc. reduced its position in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,084,991 shares of the construction company's stock after selling 58,628 shares during the period. Vanguard Group Inc. owned 12.13% of Quanta Services worth $7,632,951,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Sunburst Financial Group LLC lifted its position in Quanta Services by 2.0% during the 4th quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company's stock worth $484,000 after acquiring an additional 22 shares during the last quarter. Spirepoint Private Client LLC grew its position in shares of Quanta Services by 2.0% in the fourth quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company's stock valued at $467,000 after purchasing an additional 22 shares during the last quarter. Rothschild Investment LLC increased its stake in shares of Quanta Services by 2.8% in 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 during the period. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Quanta Services by 0.5% during the 3rd 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 during the last quarter. Finally, Wealth Alliance LLC boosted its stake in Quanta Services by 1.4% during the 3rd quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company's stock valued at $678,000 after purchasing an additional 23 shares during the period. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Price Performance

Shares of PWR stock opened at $625.40 on Monday. Quanta Services, Inc. has a 12 month low of $281.17 and a 12 month high of $638.90. The company has a market capitalization of $93.85 billion, a P/E ratio of 91.97, a P/E/G ratio of 2.83 and a beta of 1.10. The stock has a 50 day moving average of $568.94 and a two-hundred day moving average of $492.09. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58.

Quanta Services (NYSE:PWR - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.14. The business had revenue of $7.84 billion for the quarter, compared to analysts' expectations of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.Quanta Services's quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities analysts expect that Quanta Services, Inc. will post 11.97 EPS for the current year.

Quanta Services Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on the company. Argus lifted their price target on Quanta Services from $540.00 to $650.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Wolfe Research increased their price objective on Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. BNP Paribas Exane started coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They issued a "neutral" rating on the stock. UBS Group boosted their target price on shares of Quanta Services from $518.00 to $646.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. Finally, The Goldman Sachs Group upped their target price on shares of Quanta Services from $495.00 to $685.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Eighteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $599.00.

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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