Nations Financial Group Inc. IA ADV Acquires 2,598 Shares of Quanta Services, Inc. $PWR

Nations Financial Group Inc. IA ADV raised its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,803 shares of the construction company’s stock after purchasing an additional 2,598 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Quanta Services were worth $3,716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CWM LLC increased its stake in Quanta Services by 325.4% during the 4th quarter. CWM LLC now owns 27,102 shares of the construction company’s stock valued at $11,439,000 after purchasing an additional 20,731 shares in the last quarter. Consilium Wealth Advisory LLC bought a new stake in Quanta Services during the 4th quarter valued at $966,000. KBC Group NV increased its stake in Quanta Services by 96.3% during the 4th quarter. KBC Group NV now owns 87,105 shares of the construction company’s stock valued at $36,763,000 after purchasing an additional 42,725 shares in the last quarter. LBP AM SA increased its stake in Quanta Services by 39.9% during the 4th quarter. LBP AM SA now owns 14,489 shares of the construction company’s stock valued at $6,115,000 after purchasing an additional 4,133 shares in the last quarter. Finally, PFG Investments LLC bought a new stake in Quanta Services during the 4th quarter valued at $398,000. Institutional investors own 90.49% of the company’s stock.

Quanta Services Price Performance

Shares of NYSE:PWR opened at $591.47 on Thursday. The company’s 50-day moving average is $554.89 and its 200 day moving average is $482.41. 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 company has a market capitalization of $88.75 billion, a P/E ratio of 86.98, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10. Quanta Services, Inc. has a fifty-two week low of $251.04 and a fifty-two week high of $599.00.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. The company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, equities research analysts forecast that Quanta Services, Inc. will post 9.34 earnings per share for the current year.

Quanta Services Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PWR. Cantor Fitzgerald lifted their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. UBS Group lifted their price objective on shares of Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Sanford C. Bernstein lifted their price objective on shares of Quanta Services from $515.00 to $538.00 in a report on Wednesday, April 1st. Evercore lifted their price objective on shares of Quanta Services from $604.00 to $635.00 and gave the stock an “outperform” rating in a report on Wednesday, April 1st. Finally, Bank of America lifted their price objective on shares of Quanta Services from $500.00 to $610.00 and gave the stock a “buy” rating in a 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $595.50.

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.