Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in Quanta Services, Inc. $PWR

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 33.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 144,397 shares of the construction company’s stock after purchasing an additional 36,513 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Quanta Services were worth $61,121,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. TABR Capital Management LLC purchased a new position in shares of Quanta Services during the fourth quarter worth approximately $220,000. Novem Group grew its position in shares of Quanta Services by 2.3% during the fourth quarter. Novem Group now owns 1,151 shares of the construction company’s stock worth $486,000 after acquiring an additional 26 shares during the last quarter. Highview Capital Management LLC DE grew its position in shares of Quanta Services by 1.4% during the fourth quarter. Highview Capital Management LLC DE now owns 6,096 shares of the construction company’s stock worth $2,573,000 after acquiring an additional 86 shares during the last quarter. Purus Wealth Management LLC lifted its holdings in shares of Quanta Services by 3.0% during the fourth quarter. Purus Wealth Management LLC now owns 1,844 shares of the construction company’s stock worth $778,000 after purchasing an additional 54 shares during the period. Finally, DSG Capital Advisors LLC grew its position in Quanta Services by 1.7% in the 4th quarter. DSG Capital Advisors LLC now owns 17,862 shares of the construction company’s stock valued at $7,996,000 after buying an additional 298 shares during the last quarter. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Price Performance

Quanta Services stock opened at $613.63 on Thursday. Quanta Services, Inc. has a one year low of $272.00 and a one year high of $621.31. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. The business has a fifty day moving average of $564.54 and a two-hundred day moving average of $488.89. The company has a market cap of $92.08 billion, a P/E ratio of 90.24, a price-to-earnings-growth ratio of 2.75 and a beta of 1.10.

Quanta Services (NYSE:PWR) last released its earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter last year, the company earned $2.94 earnings per share. Quanta Services’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. As a group, analysts predict that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PWR. Evercore lifted their price objective on shares of Quanta Services from $604.00 to $635.00 and gave the company an “outperform” rating in a research report on Wednesday, April 1st. Robert W. Baird lifted their price objective on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Cantor Fitzgerald lifted their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Truist Financial lifted their price objective on shares of Quanta Services from $643.00 to $713.00 and gave the company a “buy” rating in a research report on Monday. Finally, B. Riley Financial lifted their price objective on shares of Quanta Services from $450.00 to $565.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Eighteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $599.00.

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.