Quanta Services, Inc. $PWR Shares Purchased by Czech National Bank

Czech National Bank raised its position in shares of Quanta Services, Inc. (NYSE:PWR) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,319 shares of the construction company’s stock after purchasing an additional 1,475 shares during the quarter. Czech National Bank’s holdings in Quanta Services were worth $16,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in Quanta Services during the second quarter valued at about $26,000. Activest Wealth Management raised its position in Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after acquiring an additional 32 shares in the last quarter. Cornerstone Planning Group LLC lifted 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 acquiring an additional 49 shares during the last quarter. Berbice Capital Management LLC bought a new position in shares of Quanta Services during the 2nd quarter valued at about $38,000. Finally, GPS Wealth Strategies Group LLC acquired a new position in shares of Quanta Services in the 3rd quarter worth approximately $38,000. Institutional investors own 90.49% of the company’s stock.

Analyst Upgrades and Downgrades

PWR has been the topic of a number of research reports. Mizuho boosted their target price on shares of Quanta Services from $424.00 to $537.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. JPMorgan Chase & Co. lifted their price target on shares of Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Sanford C. Bernstein upped their price target on Quanta Services from $471.00 to $515.00 and gave the company a “market perform” rating in a report on Tuesday, February 24th. Roth Mkm reiterated a “buy” rating and set a $600.00 price objective on shares of Quanta Services in a research report on Friday, February 20th. Finally, Evercore restated an “outperform” rating and issued a $604.00 target price on shares of Quanta Services in a report on Friday, February 20th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $576.55.

Quanta Services Stock Performance

Quanta Services stock opened at $545.27 on Friday. Quanta Services, Inc. has a fifty-two week low of $227.08 and a fifty-two week high of $583.73. The firm’s 50 day simple moving average is $528.41 and its 200-day simple moving average is $464.31. 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 has a market cap of $81.58 billion, a P/E ratio of 80.19, a price-to-earnings-growth ratio of 2.61 and a beta of 1.10.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the prior year, the firm earned $2.94 EPS. The firm’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. As a group, equities research analysts predict that Quanta Services, Inc. will post 9.34 EPS for the current year.

Quanta Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

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.