Sandro Wealth Management LLC bought a new stake in Quanta Services, Inc. (NYSE:PWR – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,615 shares of the construction company’s stock, valued at approximately $2,370,000. Quanta Services comprises about 2.0% of Sandro Wealth Management LLC’s holdings, making the stock its 13th biggest position.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lansforsakringar Fondforvaltning AB publ grew its position in shares of Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock valued at $19,316,000 after purchasing an additional 2,375 shares during the period. Chilton Capital Management LLC raised its holdings in Quanta Services by 63.3% during the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock worth $69,016,000 after buying an additional 64,560 shares during the period. Atria Investments Inc lifted its stake in Quanta Services by 20.4% in the third quarter. Atria Investments Inc now owns 13,818 shares of the construction company’s stock valued at $5,727,000 after buying an additional 2,340 shares in the last quarter. Westfield Capital Management Co. LP boosted its holdings 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 buying an additional 75,449 shares during the period. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new stake in shares of Quanta Services during the third quarter worth $1,752,000. Institutional investors and hedge funds own 90.49% of the company’s stock.
Quanta Services Trading Up 1.9%
Shares of NYSE:PWR opened at $741.44 on Friday. The company’s 50-day moving average price is $578.99 and its two-hundred day moving average price is $497.61. Quanta Services, Inc. has a one year low of $315.00 and a one year high of $742.33. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The stock has a market capitalization of $111.26 billion, a PE ratio of 109.04, a price-to-earnings-growth ratio of 3.30 and a beta of 1.24.
Quanta Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is currently 6.47%.
Key Stories Impacting Quanta Services
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
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the stock. DA Davidson boosted their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Quanta Services in a report on Friday, April 10th. Evercore lifted their price target on Quanta Services from $635.00 to $800.00 and gave the company an “outperform” rating in a research note on Friday. Stifel Nicolaus set a $784.00 price target on Quanta Services in a report on Friday. Finally, BMO Capital Markets boosted their price target on Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $650.73.
View Our Latest Report on Quanta Services
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.
Featured Articles
Receive News & Ratings for Quanta Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quanta Services and related companies with MarketBeat.com's FREE daily email newsletter.
