Evexia Wealth LLC lifted its position in Quanta Services, Inc. (NYSE:PWR – Free Report) by 62.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,393 shares of the construction company’s stock after purchasing an additional 919 shares during the period. Evexia Wealth LLC’s holdings in Quanta Services were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Quanta Services by 57.2% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company’s stock valued at $917,009,000 after acquiring an additional 882,209 shares during the period. Bank of America Corp DE grew its stake in shares of 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 valued at $1,208,672,000 after purchasing an additional 765,822 shares during the period. Select Equity Group L.P. increased its position in shares of 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 valued at $384,554,000 after purchasing an additional 416,395 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after purchasing an additional 386,937 shares during the period. Finally, DAVENPORT & Co LLC purchased a new position in shares of Quanta Services in the third quarter worth approximately $97,080,000. Institutional investors own 90.49% of the company’s stock.
Quanta Services Stock Performance
PWR opened at $561.15 on Friday. The company has a 50 day simple moving average of $536.73 and a two-hundred day simple moving average of $470.16. 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 firm has a market cap of $83.96 billion, a P/E ratio of 82.52, a PEG ratio of 2.54 and a beta of 1.10. Quanta Services, Inc. has a 1-year low of $227.08 and a 1-year high of $583.73.
Quanta Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s dividend payout ratio is 6.47%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. B. Riley Financial upped their target price on shares of Quanta Services from $450.00 to $565.00 and gave the company a “neutral” rating in a report on Friday, February 20th. TD Cowen lifted their price target on shares of Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Jefferies Financial Group upped their price objective on Quanta Services from $634.00 to $654.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial reaffirmed a “buy” rating and issued a $643.00 target price (up from $548.00) on shares of Quanta Services in a report on Friday, February 20th. Finally, Robert W. Baird boosted their price target on Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Eighteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $593.23.
Check Out Our Latest Stock Analysis on PWR
Quanta Services News Roundup
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Jefferies raised its price target to $654 and kept a “buy” rating, implying meaningful upside versus current levels — a direct positive catalyst for investor demand. Article Title
- Positive Sentiment: Evercore bumped its target to $635 and reiterated an “outperform” rating, reinforcing institutional optimism and supporting further upside. Article Title
- Positive Sentiment: Mizuho commentary flagged the stock as likely to rise, adding another buy‑side voice and helping demand for shares. Article Title
- Positive Sentiment: Zacks highlights Quanta’s push into data centers and AI‑related power work, citing strong 2025 results (revenues and a record ~$44B backlog) — a structural growth story that supports higher long‑term multiples. Article Title
- Positive Sentiment: Two bullish Seeking Alpha pieces frame Quanta as a multi‑year infrastructure/ reindustrialization opportunity, which can attract longer‑term momentum investors. Article Title Article Title
- Neutral Sentiment: The company’s Analyst/Investor Day transcript is available — useful for detail on strategy and execution but not an immediate price driver by itself. Article Title
- Negative Sentiment: Sanford C. Bernstein raised its target to $538, which remains below current market levels and could be cited by cautious investors or short‑term sellers as less bullish. Article Title
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.
Further Reading
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