Quantbot Technologies LP Acquires New Holdings in Quanta Services, Inc. $PWR

Quantbot Technologies LP bought a new position in Quanta Services, Inc. (NYSE:PWR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,025 shares of the construction company’s stock, valued at approximately $1,254,000.

Other institutional investors have also modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ boosted its stake in Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock worth $19,316,000 after purchasing an additional 2,375 shares in the last quarter. Mediolanum International Funds Ltd raised its holdings in shares of Quanta Services by 15.5% in the second quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock worth $12,642,000 after buying an additional 4,451 shares during the last quarter. Calamos Advisors LLC lifted its stake 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 worth $43,680,000 after buying an additional 15,388 shares during the period. Chilton Capital Management LLC increased its position 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. Finally, Exchange Traded Concepts LLC raised its stake in 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. 90.49% of the stock is currently owned by institutional investors.

Quanta Services Price Performance

Shares of NYSE PWR opened at $549.09 on Friday. 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 stock has a market capitalization of $82.15 billion, a price-to-earnings ratio of 80.75, a PEG ratio of 2.59 and a beta of 1.10. The firm’s 50 day simple moving average is $488.45 and its 200-day simple moving average is $444.84. Quanta Services, Inc. has a 12 month low of $227.08 and a 12 month high of $573.97.

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

Wall Street Analyst Weigh In

PWR has been the topic of several research analyst reports. Evercore reiterated an “outperform” rating and set a $604.00 price target on shares of Quanta Services in a research note on Friday, February 20th. Roth Mkm reiterated a “buy” rating and issued a $600.00 target price on shares of Quanta Services in a research report on Friday, February 20th. DA Davidson raised their price target on shares of Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $647.00 price objective on shares of Quanta Services in a report on Monday, February 23rd. Finally, Wolfe Research increased their price objective on shares of Quanta Services from $477.00 to $576.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $576.55.

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.