Leonteq Securities AG Invests $1.04 Million in Quanta Services, Inc. $PWR

Leonteq Securities AG bought a new position in Quanta Services, Inc. (NYSE:PWR) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 2,465 shares of the construction company’s stock, valued at approximately $1,040,000.

Several other large investors have also added to or reduced their stakes in the stock. Sunburst Financial Group LLC boosted its stake in Quanta Services by 2.0% in the 4th quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company’s stock worth $484,000 after purchasing an additional 22 shares during the period. Spirepoint Private Client LLC boosted its stake in Quanta Services by 2.0% in the 4th quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company’s stock worth $467,000 after purchasing an additional 22 shares during the period. Vista Capital Partners Inc. boosted its stake in Quanta Services by 3.1% in the 4th quarter. Vista Capital Partners Inc. now owns 742 shares of the construction company’s stock worth $313,000 after purchasing an additional 22 shares during the period. Headinvest LLC boosted its stake in Quanta Services by 2.2% in the 4th quarter. Headinvest LLC now owns 1,001 shares of the construction company’s stock worth $422,000 after purchasing an additional 22 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in Quanta Services by 0.5% in 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 period. Institutional investors own 90.49% of the company’s stock.

Insiders Place Their Bets

In other Quanta Services news, CEO Earl C. Jr. Austin sold 130,000 shares of Quanta Services 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 owned 556,911 shares in the company, valued at approximately $429,183,462.15. The trade was a 18.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Paul Nobel sold 4,000 shares of Quanta Services stock in a transaction on Monday, May 4th. The shares were sold at an average price of $756.98, for a total value of $3,027,920.00. Following the transaction, the chief accounting officer owned 8,080 shares of the company’s stock, valued at $6,116,398.40. The trade was a 33.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 159,992 shares of company stock valued at $123,244,714 in the last quarter. 0.60% of the stock is owned by company insiders.

Quanta Services Price Performance

Shares of PWR stock opened at $717.20 on Friday. The firm has a market cap of $107.62 billion, a P/E ratio of 98.38, a P/E/G ratio of 2.44 and a beta of 1.24. Quanta Services, Inc. has a fifty-two week low of $320.56 and a fifty-two week high of $788.75. The business’s 50 day moving average price is $628.92 and its 200-day moving average price is $527.29. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion for 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%.The business’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, equities research analysts anticipate that Quanta Services, Inc. will post 12.84 earnings per share for the current year.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a dividend of $0.11 per share. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s payout ratio is presently 6.04%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Argus raised their price target on Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Evercore raised their price target on Quanta Services from $635.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. B. Riley Financial reaffirmed a “neutral” rating on shares of Quanta Services in a report on Friday, May 1st. Zacks Research raised Quanta Services from a “hold” rating to a “strong-buy” rating in a report on Friday, May 8th. Finally, BMO Capital Markets raised their price objective on Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $715.17.

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.