Quanta Services, Inc. $PWR Shares Sold by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. lowered its stake in shares of Quanta Services, Inc. (NYSE:PWR) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 174,243 shares of the construction company’s stock after selling 13,347 shares during the period. Quanta Services accounts for 5.5% of Washington Trust Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Washington Trust Advisors Inc. owned 0.12% of Quanta Services worth $72,210,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of PWR. Mediolanum International Funds Ltd raised its holdings in Quanta Services by 15.5% in the 2nd quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock valued at $12,642,000 after buying an additional 4,451 shares during the period. Calamos Advisors LLC increased its position in shares of Quanta Services by 17.1% during the third quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock valued at $43,680,000 after acquiring an additional 15,388 shares during the last quarter. Chilton Capital Management LLC raised its stake in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock valued at $69,016,000 after acquiring an additional 64,560 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of Quanta Services by 59.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock worth $18,397,000 after acquiring an additional 16,637 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new position in shares of Quanta Services during the 3rd quarter worth approximately $1,752,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Key Headlines Impacting 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.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Mizuho set a $415.00 price target on Quanta Services in a research note on Tuesday, October 28th. Citigroup raised their target price on Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a report on Friday. Weiss Ratings raised shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Stifel Nicolaus lifted their price target on Quanta Services from $495.00 to $517.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Finally, UBS Group increased their price objective on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Quanta Services has an average rating of “Moderate Buy” and a consensus price target of $537.05.

Quanta Services Stock Down 0.3%

Shares of NYSE PWR opened at $552.59 on Monday. The stock has a fifty day moving average price of $464.58 and a 200 day moving average price of $434.36. The company has a market cap of $82.68 billion, a P/E ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $565.93.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. Quanta Services had a return on equity of 18.10% and a net margin of 3.61%.Quanta Services’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Research analysts anticipate that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

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.