Bensler LLC Invests $4.60 Million in Quanta Services, Inc. $PWR

Bensler LLC bought a new position in shares of Quanta Services, Inc. (NYSE:PWRFree Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 10,896 shares of the construction company’s stock, valued at approximately $4,599,000.

Other large investors have also recently bought and sold shares of the company. Lansforsakringar Fondforvaltning AB publ grew its position in Quanta Services by 5.4% during 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 during the period. Chilton Capital Management LLC lifted its holdings 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 buying an additional 64,560 shares during the period. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new stake in shares of Quanta Services in the third quarter worth about $1,752,000. Atria Investments Inc grew its holdings in Quanta Services by 20.4% during the third quarter. Atria Investments Inc now owns 13,818 shares of the construction company’s stock worth $5,727,000 after acquiring an additional 2,340 shares during the period. Finally, Westfield Capital Management Co. LP grew its holdings in Quanta Services by 44.4% during the third quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company’s stock worth $101,743,000 after acquiring an additional 75,449 shares during the period. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Stock Down 0.8%

Shares of PWR opened at $744.55 on Friday. The firm has a market cap of $111.73 billion, a P/E ratio of 102.13, a PEG ratio of 2.56 and a beta of 1.24. Quanta Services, Inc. has a 12 month low of $320.56 and a 12 month high of $788.75. The stock’s 50 day moving average is $591.73 and its two-hundred day moving average is $505.56. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57.

Quanta Services (NYSE:PWRGet Free Report) last announced its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The firm had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7 billion. During the same quarter last year, the firm posted $1.78 EPS. The business’s revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Analysts predict that Quanta Services, Inc. will post 12.84 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is presently 6.04%.

Quanta Services News Summary

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

Analysts Set New Price Targets

PWR has been the subject of a number of analyst reports. BNP Paribas Exane initiated coverage on Quanta Services in a report on Tuesday, April 14th. They issued a “neutral” rating for the company. B. Riley Financial reaffirmed a “neutral” rating on shares of Quanta Services in a report on Friday, May 1st. Truist Financial set a $851.00 target price on shares of Quanta Services in a research note on Friday, May 1st. Citigroup increased their price target on shares of Quanta Services from $640.00 to $733.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Stifel Nicolaus set a $784.00 price objective on shares of Quanta Services in a report on Friday, May 1st. Seventeen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $695.73.

Read Our Latest Stock Report on Quanta Services

Insider Activity

In other news, CEO Earl C. Jr. Austin sold 25,992 shares of Quanta Services stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total value of $20,032,294.32. Following the sale, the chief executive officer owned 16,508 shares in the company, valued at $12,722,880.68. This trade represents a 61.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the transaction, the chief accounting officer owned 8,080 shares of the company’s stock, valued at approximately $6,116,398.40. This trade represents a 33.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 159,992 shares of company stock worth $123,244,714. Company insiders own 0.60% of the company’s stock.

Quanta Services Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Quanta Services (NYSE:PWR)

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