Lbp Am Sa Buys 4,133 Shares of Quanta Services, Inc. $PWR

Lbp Am Sa lifted its stake in Quanta Services, Inc. (NYSE:PWRFree Report) by 39.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 14,489 shares of the construction company’s stock after buying an additional 4,133 shares during the period. Lbp Am Sa’s holdings in Quanta Services were worth $6,115,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Sunburst Financial Group LLC increased its position in shares of 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 purchasing an additional 22 shares during the last quarter. Spirepoint Private Client LLC boosted its holdings in shares of Quanta Services by 2.0% in the 4th quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company’s stock valued at $467,000 after buying an additional 22 shares during the last quarter. Rothschild Investment LLC grew 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 valued at $352,000 after buying an additional 23 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its holdings in Quanta Services by 0.5% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 4,750 shares of the construction company’s stock worth $1,968,000 after buying an additional 23 shares during the last quarter. Finally, Wealth Alliance LLC raised its position in Quanta Services by 1.4% during the third quarter. Wealth Alliance LLC now owns 1,636 shares of the construction company’s stock worth $678,000 after acquiring an additional 23 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors.

Quanta Services News Summary

Here are the key news stories impacting Quanta Services this week:

Analyst Ratings Changes

PWR has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Quanta Services in a research report on Friday, April 10th. JPMorgan Chase & Co. upped their target price on shares of Quanta Services from $515.00 to $627.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Wolfe Research raised their target price on shares of Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. UBS Group boosted their price target on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Cantor Fitzgerald upped their price objective on Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $595.82.

Read Our Latest Stock Analysis on Quanta Services

Quanta Services Stock Performance

NYSE:PWR opened at $586.89 on Friday. The stock has a 50 day simple moving average of $557.11 and a 200 day simple moving average of $483.13. The stock has a market cap of $88.07 billion, a P/E ratio of 86.31, a PEG ratio of 2.69 and a beta of 1.10. Quanta Services, Inc. has a 1-year low of $251.04 and a 1-year high of $599.00. 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:PWRGet Free Report) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The firm had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.38 billion. During the same quarter last year, the business earned $2.94 EPS. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Research analysts anticipate that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Quanta Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders 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 annualized dividend and a yield of 0.1%. Quanta Services’s payout ratio is 6.47%.

Quanta Services Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Quanta Services (NYSE:PWR)

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