KBC Group NV Acquires 42,725 Shares of Quanta Services, Inc. $PWR

KBC Group NV grew its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 96.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,105 shares of the construction company’s stock after buying an additional 42,725 shares during the quarter. KBC Group NV’s holdings in Quanta Services were worth $36,763,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PWR. Bank of America Corp DE lifted its position in Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after buying an additional 765,822 shares in the last quarter. Select Equity Group L.P. lifted its position in Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock worth $384,554,000 after buying an additional 416,395 shares in the last quarter. Vanguard Group Inc. lifted its position in Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after buying an additional 386,937 shares in the last quarter. DAVENPORT & Co LLC bought a new stake in Quanta Services during the 3rd quarter worth about $97,080,000. Finally, Massachusetts Financial Services Co. MA lifted its position in Quanta Services by 29.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company’s stock worth $342,428,000 after buying an additional 189,134 shares in the last quarter. 90.49% of the stock is owned by institutional investors.

Quanta Services Stock Down 0.8%

Shares of PWR opened at $586.89 on Friday. Quanta Services, Inc. has a 52 week low of $251.04 and a 52 week high of $599.00. The firm has a market cap of $88.07 billion, a P/E ratio of 86.31, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10. The firm’s 50-day simple moving average is $557.11 and its 200 day simple moving average is $483.13. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14.

Quanta Services (NYSE:PWR) last announced its quarterly 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 net margin of 3.61% and a return on equity of 18.10%. The business had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same quarter in the prior year, the business earned $2.94 EPS. Quanta Services’s quarterly revenue was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, 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 paid a $0.11 dividend. The ex-dividend date 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 is 6.47%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PWR shares. Wolfe Research boosted their price objective on shares of Quanta Services from $477.00 to $576.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Mizuho boosted their price objective on shares of Quanta Services from $537.00 to $580.00 and gave the stock a “neutral” rating in a research note on Monday, March 30th. JPMorgan Chase & Co. boosted their price objective on shares of Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Citigroup boosted their price objective on shares of Quanta Services from $540.00 to $640.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, UBS Group boosted their price objective on shares of Quanta Services from $518.00 to $646.00 and gave the stock a “buy” 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 stock. Based on data from MarketBeat, Quanta Services has a consensus rating of “Moderate Buy” and an average price target of $595.82.

Trending Headlines about Quanta Services

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

Quanta Services 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.