Quanta Services, Inc. (NYSE:PWR) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Quanta Services has an average analyst rating of “Moderate Buy”, with 19 buy ratings, 1 strong buy, and 7 hold ratings. The average 12-month price target among covered analysts is about $733.87.
• The company posted strong quarterly results, reporting EPS of $2.68 versus the $2.04 consensus estimate and revenue of $7.87 billion versus $7.0 billion expected. Revenue also rose 26.3% year over year, and management set FY2026 guidance at 13.55–14.25 EPS.
• Quanta Services’ board approved a $1 billion share repurchase program and the company declared a quarterly dividend of $0.11 per share. However, recent insider filings show notable selling by executives, including CEO Earl C. Jr. Austin.

Quanta Services, Inc. (NYSE:PWR - Get Free Report) has received an average rating of "Moderate Buy" from the twenty-seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $733.8696.

A number of research analysts have issued reports on PWR shares. BNP Paribas Exane initiated coverage on Quanta Services in a research note on Tuesday, April 14th. They issued a "neutral" rating for the company. BMO Capital Markets lifted their target price on Quanta Services from $650.00 to $800.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Stifel Nicolaus set a $784.00 price target on shares of Quanta Services in a research report on Friday, May 1st. Mizuho raised their price objective on shares of Quanta Services from $580.00 to $693.00 and gave the stock a "neutral" rating in a report on Friday, May 1st. Finally, Evercore lifted their price objective on shares of Quanta Services from $635.00 to $800.00 and gave the stock an "outperform" rating in a research report on Friday, May 1st.

Quanta Services Price Performance

Quanta Services stock opened at $730.74 on Friday. Quanta Services has a 52 week low of $336.57 and a 52 week high of $788.75. The company's 50 day moving average price is $645.16 and its two-hundred day moving average price is $537.30. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The stock has a market cap of $109.65 billion, a P/E ratio of 100.24, a P/E/G ratio of 2.52 and a beta of 1.24.

Quanta Services (NYSE:PWR - Get Free Report) last released its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.64. The company had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.Quanta Services's quarterly revenue was up 26.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, equities analysts predict that Quanta Services will post 12.84 earnings per share for the current year.

Quanta Services announced that its board has approved a share repurchase program on Friday, May 22nd that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 0.9% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Wednesday, July 1st will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, July 1st. Quanta Services's payout ratio is 6.04%.

Insider Buying and Selling at Quanta Services

In other Quanta Services news, CEO Earl C. Jr. Austin sold 130,000 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the completion of the transaction, the chief executive officer directly owned 556,911 shares of the company's stock, valued at approximately $429,183,462.15. This represents a 18.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Paul Nobel sold 4,000 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $756.98, for a total value of $3,027,920.00. Following the completion of the sale, the chief accounting officer directly owned 8,080 shares of the company's stock, valued at $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 159,992 shares of company stock valued at $123,244,714. 0.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Quanta Services

Several institutional investors have recently added to or reduced their stakes in PWR. Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Quanta Services by 5.4% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company's stock worth $19,316,000 after purchasing an additional 2,375 shares during the last quarter. Evoke Wealth LLC bought a new stake in Quanta Services during the 4th quarter valued at $368,000. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new stake in Quanta Services during the 3rd quarter valued at $1,752,000. Atria Investments Inc grew its holdings in Quanta Services by 20.4% in the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company's stock worth $5,727,000 after acquiring an additional 2,340 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its position in shares of Quanta Services by 44.4% in the third quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company's stock valued at $101,743,000 after acquiring an additional 75,449 shares during the period. 90.49% of the stock is owned by hedge funds and other institutional investors.

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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