Quanta Services (NYSE:PWR) Reaches New 12-Month High – Time to Buy?

Shares of Quanta Services, Inc. (NYSE:PWR) hit a new 52-week high on Wednesday . The company traded as high as $599.00 and last traded at $594.41, with a volume of 784019 shares trading hands. The stock had previously closed at $595.84.

Key Quanta Services News

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

• Positive Sentiment: Bullish independent coverage argues Quanta benefits from electrification, cloud/AI infrastructure demand and a growing backlog, calling the stock a long‑term buy. Got $10,000? This Quiet Electrification Stock Up 100%+ Could Still Be a No‑Brainer “Buy and Never Sell.”
• Positive Sentiment: Stifel Nicolaus raised its price target to $654 and kept a “buy” rating, signaling analyst conviction that shares have further upside versus current levels. Stifel Adjusts Price Target on Quanta Services to $654 from $647; Maintains Buy Rating
• Positive Sentiment: BNP Paribas Exane initiated coverage on Quanta, which can increase institutional visibility and trading interest. Quanta Services (NYSE:PWR) Now Covered by BNP Paribas Exane
• Neutral Sentiment: Quanta scheduled its Q1 2026 earnings release and webcast for April 30 (before the open); the report and guidance commentary are near‑term catalysts that can drive volatility. Quanta Services Announces First Quarter 2026 Earnings Release & Webcast Schedule
• Negative Sentiment: The compensation committee approved new long‑term performance stock awards on April 10, which represent additional potential dilution and future compensation expense that investors may view as a headwind to near‑term EPS. Quanta Services Grants New Long-Term Performance Stock Awards

Analyst Ratings Changes

A number of research analysts recently weighed in on PWR shares. BNP Paribas Exane started coverage on shares of Quanta Services in a report on Tuesday. They issued a “neutral” rating for the company. Citigroup lifted their price objective on shares of Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a report on Friday, February 20th. DA Davidson lifted their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday, February 20th. BMO Capital Markets upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $600.00 to $650.00 in a report on Friday, March 27th. Finally, Evercore lifted their price target on shares of Quanta Services from $604.00 to $635.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 1st. Eighteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $595.82.

Quanta Services Stock Down 0.8%

The firm has a market cap of $88.07 billion, a PE ratio of 86.31, a P/E/G ratio of 2.69 and a beta of 1.10. 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 firm’s 50-day moving average price is $557.11 and its two-hundred day moving average price is $483.13.

Quanta Services (NYSE:PWR) last issued 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 net margin of 3.61% and a return on equity of 18.10%. The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the previous year, the firm earned $2.94 EPS. The company’s 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, equities research analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Quanta Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were given 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 dividend payout ratio is 6.47%.

Hedge Funds Weigh In On Quanta Services

Several institutional investors have recently bought and sold shares of PWR. Cedar Mountain Advisors LLC increased its stake in Quanta Services by 321.4% in the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after buying an additional 45 shares during the period. Darwin Wealth Management LLC acquired a new position in Quanta Services in the 2nd quarter valued at $26,000. Activest Wealth Management increased its stake in Quanta Services by 94.1% in the 3rd 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 period. Flagship Harbor Advisors LLC acquired a new position in Quanta Services in the 4th quarter valued at $28,000. Finally, Cornerstone Planning Group LLC increased its stake in Quanta Services by 213.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after buying an additional 49 shares during the period. 90.49% of the stock is owned by institutional investors and hedge funds.

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.