Mn Services Vermogensbeheer B.V. Boosts Stake in Quanta Services, Inc. $PWR

Mn Services Vermogensbeheer B.V. increased its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,552 shares of the construction company’s stock after acquiring an additional 1,452 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Quanta Services were worth $24,290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in shares of Quanta Services during the 2nd quarter worth $26,000. Activest Wealth Management lifted its stake in shares of Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after purchasing an additional 32 shares during the period. Cornerstone Planning Group LLC boosted its holdings in Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after buying an additional 49 shares in the last quarter. Berbice Capital Management LLC acquired a new position in Quanta Services during the second quarter worth about $38,000. Finally, GPS Wealth Strategies Group LLC acquired a new position in Quanta Services during the third quarter worth about $38,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Stock Up 2.8%

Shares of NYSE PWR opened at $548.70 on Wednesday. The firm’s 50-day moving average is $533.11 and its two-hundred day moving average is $468.88. The company has a market capitalization of $82.10 billion, a PE ratio of 80.69, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $583.73. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share 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 business had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. During the same period last year, the company posted $2.94 EPS. The company’s revenue was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities analysts anticipate that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Quanta Services’s payout ratio is 6.47%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup lifted their price target on shares of Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a research report on Friday, February 20th. UBS Group upped their price target on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. lifted their price objective on Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Stifel Nicolaus set a $647.00 target price on Quanta Services in a research report on Monday, February 23rd. Finally, Bank of America upped their target price on Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Quanta Services has a consensus rating of “Moderate Buy” and a consensus target price of $589.86.

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.