Quanta Services, Inc. $PWR Shares Acquired by Radnor Capital Management LLC

Radnor Capital Management LLC raised its position in Quanta Services, Inc. (NYSE:PWR) by 21.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 5,393 shares of the construction company’s stock after acquiring an additional 960 shares during the period. Radnor Capital Management LLC’s holdings in Quanta Services were worth $3,465,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of PWR. State Street Corp boosted its position in Quanta Services by 4.7% during the 2nd quarter. State Street Corp now owns 6,581,807 shares of the construction company’s stock worth $4,739,164,000 after acquiring an additional 296,893 shares during the last quarter. Diamant Asset Management Inc. raised its holdings in shares of Quanta Services by 54,802.0% in the first quarter. Diamant Asset Management Inc. now owns 296,471 shares of the construction company’s stock valued at $162,769,000 after purchasing an additional 295,931 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Quanta Services by 3,657.8% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 221,485 shares of the construction company’s stock valued at $121,600,000 after purchasing an additional 215,591 shares during the last quarter. Corient Private Wealth LP raised its holdings in shares of Quanta Services by 731.3% in the second quarter. Corient Private Wealth LP now owns 210,091 shares of the construction company’s stock valued at $151,273,000 after purchasing an additional 184,819 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Quanta Services by 5.4% in the first quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company’s stock worth $1,891,215,000 after purchasing an additional 175,184 shares in the last quarter. Institutional investors own 90.49% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Quanta Services to a “sell” rating in a report on Friday, July 31st. Mizuho set a $684.00 price target on shares of Quanta Services in a research note on Wednesday, October 7th. Cantor Fitzgerald reissued an “overweight” rating and set a $862.00 price target on shares of Quanta Services in a research report on Monday, October 5th. Citigroup increased their price objective on shares of Quanta Services from $837.00 to $871.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $833.00 price objective on shares of Quanta Services in a report on Thursday, August 13th. Twenty-three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $761.24.

More Quanta Services News

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Exposure to grid modernization and AI infrastructure: Polen Capital highlighted Quanta Services as a beneficiary of long-term investment in power-grid modernization and infrastructure supporting artificial intelligence. This supports the bullish view that demand for the company’s engineering and construction services can remain strong. Quanta Services, Inc. (PWR) Offers Exposure to Grid Modernization and AI Infrastructure
• Positive Sentiment: Potential earnings beat: Zacks said Quanta has factors supporting a possible earnings beat in its upcoming quarterly report, including favorable earnings expectations and its Earnings ESP indicator. A stronger-than-expected result or outlook could help stabilize the shares. Quanta Services Earnings Expected to Grow
• Neutral Sentiment: Earnings are the next major catalyst: Quanta is scheduled to report results on Thursday, making revenue, margins, backlog and forward guidance particularly important after the recent share-price weakness. Quanta Services Set to Post Earnings on Thursday
• Neutral Sentiment: Analysts are also screening Quanta among construction companies that could beat quarterly estimates, reinforcing the possibility of a positive earnings surprise but offering no new company-specific results. Construction Stocks That Could Beat Earnings
• Negative Sentiment: Broad selloff and bearish options positioning: PWR declined substantially in the latest session, while unusually high put-option activity suggests traders are hedging against—or speculating on—additional downside. The move may also reflect profit-taking and concern that the stock’s premium valuation leaves little room for disappointment. Traders Buy High Volume of Quanta Services Put Options

Quanta Services Trading Down 1.0%

NYSE PWR opened at $546.89 on Friday. The company has a market cap of $82.22 billion, a PE ratio of 62.64, a PEG ratio of 1.61 and a beta of 1.27. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. Quanta Services, Inc. has a 12 month low of $408.36 and a 12 month high of $788.75. The stock has a 50 day moving average of $640.38 and a 200-day moving average of $663.20.

Quanta Services (NYSE:PWR) last released its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.93. The business had revenue of $9.56 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm’s revenue was up 41.1% on a year-over-year basis. During the same period last year, the business earned $2.48 earnings per share. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, equities research analysts anticipate that Quanta Services, Inc. will post 15.37 EPS for the current fiscal year.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were paid a $0.11 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s dividend payout ratio (DPR) is currently 5.04%.

Quanta Services Profile

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.