PFG Advisors Has $5.34 Million Stock Position in Quanta Services, Inc. $PWR

PFG Advisors boosted its stake in Quanta Services, Inc. (NYSE:PWR) by 9.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,890 shares of the construction company’s stock after purchasing an additional 1,094 shares during the quarter. PFG Advisors’ holdings in Quanta Services were worth $5,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PWR. Activest Wealth Management increased its holdings in Quanta Services by 94.1% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Quanta Services during the 2nd quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its position in shares of Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after acquiring an additional 49 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in shares of Quanta Services during the 3rd quarter worth approximately $38,000. Finally, Guerra Advisors Inc bought a new position in Quanta Services in the third quarter valued at approximately $38,000. Institutional investors own 90.49% of the company’s stock.

Quanta Services Trading Up 5.1%

NYSE PWR opened at $567.79 on Tuesday. The company has a market cap of $84.95 billion, a price-to-earnings ratio of 83.50, a price-to-earnings-growth ratio of 2.46 and a beta of 1.10. Quanta Services, Inc. has a twelve month low of $227.08 and a twelve month high of $573.97. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. The business’s fifty day moving average is $493.34 and its 200 day moving average is $448.24.

Quanta Services (NYSE:PWR) last issued its 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 return on equity of 18.10% and a net margin of 3.61%.The business had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. During the same quarter in the prior year, the firm earned $2.94 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Bank of America upped their target price on Quanta Services from $500.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. DA Davidson boosted their price target on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. UBS Group upped their price objective on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Argus raised their price objective on Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, Mizuho boosted their target price on Quanta Services from $424.00 to $537.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Seventeen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Quanta Services presently has an average rating of “Moderate Buy” and a consensus target price of $576.55.

Quanta Services 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.