Quanta Services, Inc. $PWR Stock Position Raised by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its stake in Quanta Services, Inc. (NYSE:PWR) by 41.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,348 shares of the construction company’s stock after purchasing an additional 2,160 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Quanta Services were worth $4,721,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of Quanta Services by 4.7% in the 2nd quarter. State Street Corp now owns 6,581,807 shares of the construction company’s stock worth $4,739,164,000 after buying an additional 296,893 shares during the last quarter. Bank of America Corp DE grew its holdings 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 acquiring an additional 175,184 shares during the period. Royal Bank of Canada increased its position in Quanta Services by 7.1% during the first quarter. Royal Bank of Canada now owns 1,264,827 shares of the construction company’s stock valued at $694,415,000 after acquiring an additional 83,363 shares during the last quarter. First Trust Advisors LP increased its position in Quanta Services by 18.3% during the first quarter. First Trust Advisors LP now owns 1,003,917 shares of the construction company’s stock valued at $551,170,000 after acquiring an additional 155,529 shares during the last quarter. Finally, Amundi lifted its holdings in Quanta Services by 10.3% in the first quarter. Amundi now owns 580,718 shares of the construction company’s stock valued at $318,826,000 after acquiring an additional 54,237 shares during the period. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Reports say Quanta raised its 2026 outlook, a sign of management confidence in its prospects that could help strengthen the investment narrative. The article did not provide the revised guidance figures. Article: Did Raised Guidance Just Shift Quanta Services (PWR) Stock Narrative?
• Positive Sentiment: Anthropic’s IPO filing describes substantial planned computing and facility commitments. Quanta is identified as a provider of electrical infrastructure for data-center construction, offering potential exposure to AI-related investment; the report does not describe a specific contract awarded to Quanta. Article: Anthropic’s S-1 Says It Will Expand Its Data Center Footprint
• Positive Sentiment: A separate report highlights Quanta’s record $63.73 billion backlog and growing utility infrastructure spending as potential support for transmission, generation and grid-upgrade work. Article: Can Utility Infrastructure Spending Boost Quanta’s Transmission Work?
• Neutral Sentiment: Piper Sandler lowered its price target to $701 from $714 but maintained an Overweight rating, leaving the analyst’s stance positive despite the reduced target. Article: Piper Sandler price-target update
• Neutral Sentiment: Quanta’s management is scheduled to meet investors at November and December conferences. These appearances may offer updates but are not, by themselves, a business announcement. Article: Quanta Services to Participate in Institutional Investor Conferences
• Negative Sentiment: Quanta was among AI-power-related stocks giving back the prior session’s rally, pointing to sector-wide profit-taking that may pressure PWR regardless of its company-specific outlook. Article: AI Power Stocks Give Back Monday’s Rally

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PWR. UBS Group reissued a “buy” rating on shares of Quanta Services in a research report on Monday, August 17th. Piper Sandler reduced their price target on shares of Quanta Services from $714.00 to $701.00 and set an “overweight” rating for the company in a research report on Monday. TD Cowen upped their price target on shares of Quanta Services from $785.00 to $830.00 and gave the company a “buy” rating in a research report on Thursday, October 29th. KeyCorp upgraded shares of Quanta Services from a “sector weight” rating to an “overweight” rating and set a $807.00 price objective on the stock in a research note on Friday, August 7th. Finally, Guggenheim raised shares of Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 price objective on the stock in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Quanta Services has an average rating of “Moderate Buy” and an average price target of $763.31.

Quanta Services Trading Down 1.3%

NYSE:PWR opened at $583.67 on Wednesday. Quanta Services, Inc. has a one year low of $408.36 and a one year high of $788.75. The business has a fifty day moving average price of $628.15 and a 200-day moving average price of $627.57. The firm has a market capitalization of $87.95 billion, a price-to-earnings ratio of 52.87, a price-to-earnings-growth ratio of 1.51 and a beta of 1.29. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.16 and a quick ratio of 1.13.

Quanta Services (NYSE:PWR) last released its earnings results on Thursday, October 29th. The construction company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.02 by $1.04. Quanta Services had a return on equity of 23.56% and a net margin of 4.51%. The company had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $11.03 billion. During the same period in the previous year, the business earned $3.33 earnings per share. Quanta Services’s quarterly revenue was up 57.4% compared to the same quarter last year. Sell-side analysts forecast that Quanta Services, Inc. will post 16.61 EPS for the current year.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, October 1st. Quanta Services’s payout ratio is presently 3.99%.

About Quanta Services

Quanta Services, Inc. provides specialized contracting and infrastructure services to the electric power, energy and communications industries. Its work spans the planning, design, construction, repair and maintenance of essential infrastructure. The company’s services include electric transmission and distribution lines, substations, renewable energy facilities, natural gas and pipeline systems, and communications networks. Quanta supports projects across the infrastructure lifecycle, from initial development and construction to ongoing upgrades and maintenance.