Morse Asset Management Inc grew its holdings in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) by 727.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,365 shares of the construction company’s stock after buying an additional 1,200 shares during the period. Morse Asset Management Inc’s holdings in Quanta Services were worth $576,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Activest Wealth Management raised its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Quanta Services during the fourth quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new stake in Quanta Services during the second quarter worth approximately $26,000. Cornerstone Planning Group LLC raised its holdings in Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after purchasing an additional 49 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in Quanta Services during the fourth quarter worth approximately $34,000. Institutional investors own 90.49% of the company’s stock.
Quanta Services Trading Up 2.1%
NYSE PWR opened at $757.96 on Tuesday. Quanta Services, Inc. has a twelve month low of $315.00 and a twelve month high of $763.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The stock has a market cap of $113.74 billion, a price-to-earnings ratio of 103.97, a PEG ratio of 3.37 and a beta of 1.24. The firm’s 50 day moving average price is $578.99 and its two-hundred day moving average price is $498.52.
Quanta Services Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, April 2nd. Quanta Services’s payout ratio is presently 6.04%.
Wall Street Analysts Forecast Growth
PWR has been the topic of several recent analyst reports. Sanford C. Bernstein boosted their target price on Quanta Services from $515.00 to $538.00 in a report on Wednesday, April 1st. BMO Capital Markets boosted their target price on Quanta Services from $650.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Quanta Services in a report on Friday, April 10th. JPMorgan Chase & Co. boosted their target price on Quanta Services from $627.00 to $805.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Stifel Nicolaus set a $784.00 target price on Quanta Services in a report on Friday. Eighteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $678.00.
Check Out Our Latest Report on Quanta Services
Key Stories Impacting Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: UBS sharply raised its price target to $900 and maintained a Buy rating, signaling sizable analyst conviction and implied upside for PWR. Article Title
- Positive Sentiment: Goldman Sachs raised its price target to $826 and kept a Buy rating, reinforcing institutional bullishness that can support further share gains. Article Title
- Positive Sentiment: TD Cowen boosted its price target and issued a positive forecast for Quanta, adding another reputable shop to the list of recent upgrades. Analyst momentum is a clear near?term catalyst. Article Title
- Positive Sentiment: Jim Cramer and other outlets are highlighting Quanta as an “obvious winner” in the electric?grid/AI infrastructure buildout, which can draw retail and momentum buying. Article Title
- Positive Sentiment: Consensus analyst coverage sits around “Moderate Buy,” reinforcing the market’s constructive view after Quanta’s recent strong quarter and raised FY?2026 guidance. Article Title
- Neutral Sentiment: Sector context — coverage on how AI data centers are reshaping power demand highlights a structural tailwind for companies that build and upgrade grid and power infrastructure; this supports Quanta’s longer?term revenue opportunity but timing/scale vary. Article Title
- Neutral Sentiment: Long?term bullish pieces (The Motley Fool, Zacks) reiterate Quanta’s growth story and record results commentary; constructive for sentiment but less immediate as share?price catalysts versus analyst upgrades. Article Title Article Title
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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