Quanta Services’ (PWR) “Buy” Rating Reiterated at Truist Financial

Truist Financial reiterated their buy rating on shares of Quanta Services (NYSE:PWR) in a report released on Friday morning, MarketBeat.com reports. They currently have a $643.00 price objective on the construction company’s stock, up from their prior price objective of $548.00.

A number of other analysts also recently commented on the company. Sanford C. Bernstein upped their target price on Quanta Services from $428.00 to $471.00 and gave the stock a “market perform” rating in a research note on Monday, February 9th. Stifel Nicolaus upped their price objective on Quanta Services from $495.00 to $517.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Robert W. Baird raised their price objective on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings upgraded shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Finally, Argus set a $540.00 price target on shares of Quanta Services in a research report on Friday, October 31st. Sixteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $537.05.

Quanta Services Stock Down 0.3%

NYSE:PWR opened at $552.59 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The company’s fifty day moving average price is $464.58 and its 200-day moving average price is $434.36. Quanta Services has a 1-year low of $227.08 and a 1-year high of $565.93. The firm has a market capitalization of $82.68 billion, a P/E ratio of 81.26, a PEG ratio of 2.68 and a beta of 1.15.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. The company had revenue of $7.84 billion during 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 posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities research analysts anticipate that Quanta Services will post 9.34 EPS for the current year.

Institutional Investors Weigh In On Quanta Services

Several large investors have recently bought and sold shares of PWR. Arete Wealth Advisors LLC lifted its position in Quanta Services by 2.2% during the fourth quarter. Arete Wealth Advisors LLC now owns 917 shares of the construction company’s stock worth $387,000 after buying an additional 20 shares in the last quarter. Quantum Portfolio Management LLC increased its stake in shares of Quanta Services by 2.2% in the 4th quarter. Quantum Portfolio Management LLC now owns 946 shares of the construction company’s stock worth $399,000 after acquiring an additional 20 shares during the last quarter. Icon Wealth Advisors LLC raised its holdings in shares of Quanta Services by 1.2% during the 4th quarter. Icon Wealth Advisors LLC now owns 1,733 shares of the construction company’s stock worth $731,000 after acquiring an additional 21 shares during the period. Sunburst Financial Group LLC boosted its position in shares of Quanta Services by 2.0% during the 4th quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company’s stock valued at $484,000 after acquiring an additional 22 shares during the last quarter. Finally, Spirepoint Private Client LLC grew its holdings in shares of Quanta Services by 2.0% in the fourth quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company’s stock valued at $467,000 after purchasing an additional 22 shares during the period. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

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.

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.