CenterBook Partners LP decreased its stake in Quanta Services, Inc. (NYSE:PWR – Free Report) by 41.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,333 shares of the construction company’s stock after selling 1,672 shares during the period. CenterBook Partners LP’s holdings in Quanta Services were worth $967,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in Quanta Services in the 2nd quarter worth about $26,000. Activest Wealth Management grew its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after purchasing an additional 32 shares during the last quarter. Solstein Capital LLC increased its stake in shares of Quanta Services by 185.7% in the second quarter. Solstein Capital LLC now owns 80 shares of the construction company’s stock valued at $30,000 after buying an additional 52 shares during the period. Cornerstone Planning Group LLC raised its holdings 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 last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in Quanta Services during the 2nd quarter worth approximately $37,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have recently issued reports on PWR. Stifel Nicolaus raised their price target on shares of Quanta Services from $495.00 to $517.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Truist Financial restated a “buy” rating and issued a $643.00 price objective (up from $548.00) on shares of Quanta Services in a report on Friday. Evercore reaffirmed an “outperform” rating and set a $604.00 target price on shares of Quanta Services in a report on Friday. B. Riley Financial upped their price target on Quanta Services from $450.00 to $565.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Sanford C. Bernstein raised their price objective on Quanta Services from $428.00 to $471.00 and gave the stock a “market perform” rating in a research report on Monday, February 9th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $525.85.
Trending Headlines about Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
- Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
- Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
- Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
- Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.
Quanta Services Trading Down 0.3%
NYSE PWR opened at $552.59 on Friday. The stock has a market capitalization of $82.40 billion, a P/E ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15. The business has a 50 day simple moving average of $464.58 and a 200 day simple moving average of $433.72. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.30. Quanta Services, Inc. has a one year low of $227.08 and a one year high of $565.93.
Quanta Services (NYSE:PWR – Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The company’s revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Research analysts expect that Quanta Services, Inc. will post 9.34 earnings per share for the current year.
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.
Featured Stories
- Five stocks we like better than Quanta Services
- The gold chart Wall Street is terrified of…
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
- New gold price target
Want to see what other hedge funds are holding PWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quanta Services, Inc. (NYSE:PWR – Free Report).
Receive News & Ratings for Quanta Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quanta Services and related companies with MarketBeat.com's FREE daily email newsletter.
