1,320 Shares in Quanta Services, Inc. $PWR Acquired by CTC Alternative Strategies Ltd.

Posted by Geri Gentry on Aug 31st, 2026

CTC Alternative Strategies Ltd. acquired a new stake in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,320 shares of the construction company’s stock, valued at approximately $950,000. Quanta Services comprises 1.4% of CTC Alternative Strategies Ltd.’s holdings, making the stock its 17th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC increased its holdings in shares of Quanta Services by 321.4% during the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after acquiring an additional 45 shares in the last quarter. Darwin Wealth Management LLC bought a new position in Quanta Services in the 2nd quarter worth about $26,000. Boreal Capital Management LLC purchased a new stake in Quanta Services during the 1st quarter valued at about $27,000. MV Capital Management Inc. bought a new stake in Quanta Services during the 4th quarter valued at about $30,000. Finally, Meeder Asset Management Inc. raised its holdings in Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after buying an additional 51 shares during the last quarter. 90.49% of the stock is owned by institutional investors.

Quanta Services Stock Up 0.1%

PWR stock opened at $603.18 on Monday. The company has a market cap of $90.68 billion, a price-to-earnings ratio of 69.09, a P/E/G ratio of 1.98 and a beta of 1.23. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.10. The business’s 50-day moving average is $661.49 and its two-hundred day moving average is $640.09. Quanta Services, Inc. has a fifty-two week low of $363.01 and a fifty-two week high of $788.75.

Quanta Services (NYSE:PWR – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, beating the consensus estimate of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm had revenue of $9.56 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the prior year, the firm earned $2.48 EPS. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. As a group, analysts forecast that Quanta Services, Inc. will post 15.35 earnings per share for the current year.

Quanta Services announced that its Board of Directors has initiated a share repurchase plan on Friday, May 22nd that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to reacquire up to 0.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

PWR has been the topic of several analyst reports. Wall Street Zen upgraded shares of Quanta Services from a “hold” rating to a “buy” rating in a research note on Sunday, August 2nd. Cantor Fitzgerald initiated coverage on Quanta Services in a research report on Friday, July 31st. They issued an “outperform” rating on the stock. Citigroup lifted their target price on Quanta Services from $837.00 to $871.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Robert W. Baird set a $728.00 price objective on Quanta Services in a report on Friday, July 31st. Finally, Guggenheim upgraded shares of Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 target price on the stock in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $769.25.

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About Quanta Services

(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.