Quanta Services (NYSE:PWR) Sets New 1-Year High on Better-Than-Expected Earnings

Shares of Quanta Services, Inc. (NYSE:PWR) hit a new 52-week high during trading on Thursday following a better than expected earnings announcement. The company traded as high as $545.00 and last traded at $531.81, with a volume of 149894 shares traded. The stock had previously closed at $519.31.

The construction company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.02 by $0.14. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter last year, the company earned $2.94 EPS. Quanta Services’s 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.

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.

Analysts Set New Price Targets

A number of research firms recently weighed in on PWR. Sanford C. Bernstein raised their price target on Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a report on Monday, February 9th. UBS Group raised their target price on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a research note on Friday. Argus set a $540.00 price target on shares of Quanta Services in a research report on Friday, October 31st. JPMorgan Chase & Co. raised shares of Quanta Services from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $457.00 to $515.00 in a report on Monday, December 8th. Finally, Robert W. Baird boosted their target price on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research note on Friday. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $525.85.

Institutional Trading of Quanta Services

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mediolanum International Funds Ltd grew its holdings in shares of Quanta Services by 15.5% in the 2nd quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock valued at $12,642,000 after acquiring an additional 4,451 shares in the last quarter. Calamos Advisors LLC boosted its position in Quanta Services by 17.1% during the third quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock valued at $43,680,000 after purchasing an additional 15,388 shares during the last quarter. Chilton Capital Management LLC grew its stake in Quanta Services by 63.3% in the third quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock valued at $69,016,000 after purchasing an additional 64,560 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Quanta Services by 59.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock worth $18,397,000 after purchasing an additional 16,637 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new stake in shares of Quanta Services during the 3rd quarter worth approximately $1,752,000. 90.49% of the stock is owned by institutional investors.

Quanta Services Trading Down 0.3%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.30 and a current ratio of 1.14. The firm has a fifty day moving average price of $464.58 and a 200 day moving average price of $433.72. The company has a market cap of $82.40 billion, a price-to-earnings ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15.

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.