Quanta Services, Inc. $PWR Shares Newly Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new position in shares of Quanta Services, Inc. (NYSE:PWR) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 1,996 shares of the construction company’s stock, valued at approximately $1,282,000.

Several other large investors have also recently bought and sold shares of PWR. Soltis Investment Advisors LLC boosted its holdings in shares of Quanta Services by 22.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 598 shares of the construction company’s stock valued at $384,000 after buying an additional 108 shares during the last quarter. United Asset Strategies Inc. increased its holdings in Quanta Services by 1.7% during the third quarter. United Asset Strategies Inc. now owns 1,383 shares of the construction company’s stock worth $889,000 after buying an additional 23 shares during the last quarter. Choreo LLC increased its holdings in Quanta Services by 6.0% during the third quarter. Choreo LLC now owns 8,201 shares of the construction company’s stock worth $5,269,000 after buying an additional 465 shares during the last quarter. Childress Capital Advisors LLC increased its holdings in Quanta Services by 51.3% during the third quarter. Childress Capital Advisors LLC now owns 4,438 shares of the construction company’s stock worth $2,851,000 after buying an additional 1,505 shares during the last quarter. Finally, North Dakota State Investment Board raised its position in Quanta Services by 4.4% during the third quarter. North Dakota State Investment Board now owns 4,571 shares of the construction company’s stock worth $2,937,000 after acquiring an additional 192 shares in the last quarter. 90.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PWR has been the subject of a number of recent analyst reports. Robert W. Baird set a $728.00 price target on shares of Quanta Services in a research note on Friday, July 31st. Raymond James Financial set a $830.00 price objective on shares of Quanta Services in a research note on Thursday. Wall Street Zen downgraded shares of Quanta Services from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. Citigroup raised their target price on shares of Quanta Services from $871.00 to $882.00 and gave the company a “buy” rating in a research note on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $833.00 price target on shares of Quanta Services in a report on Thursday, August 13th. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and a consensus price target of $766.62.

Quanta Services News Summary

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

• Positive Sentiment: Record results beat expectations. Quanta reported third-quarter revenue of $12.01 billion, up 57.4% year over year and above the $11.03 billion consensus estimate. Adjusted diluted EPS was $6.06, exceeding expectations of approximately $5.02-$5.03 and rising from $3.33 a year earlier. Quanta Services Reports Third Quarter 2026 Results
• Positive Sentiment: Demand and visibility remain strong. Electric infrastructure activity helped drive results, while total backlog reached a record $63.7 billion and remaining performance obligations totaled $41.8 billion. Operating cash flow was $1.5 billion and free cash flow was $1.2 billion. PWR Q3 Earnings Beat on Electric Strength
• Positive Sentiment: Management raised its 2026 outlook. The company now expects full-year revenue of $41.3 billion to $41.6 billion and diluted EPS of $12.57 to $12.97, reflecting confidence in continued infrastructure spending and execution.
• Neutral Sentiment: Technical momentum is mixed. Reports noted that PWR broke above its 200-day moving average, a potentially bullish signal, although the share price has since moved back near that level. Technical traders may view the move as either a confirmation of long-term strength or a possible “sell-the-news” setup. Quanta Services Shares Break Above 200-Day Moving Average
• Negative Sentiment: Valuation and insider selling may be limiting upside. PWR trades at roughly 71 times earnings, leaving the stock vulnerable to profit-taking even after the earnings beat. Separately, reported insider activity showed substantial selling and no insider purchases during the past six months, which may add to investor caution.

Quanta Services Price Performance

NYSE:PWR opened at $620.50 on Friday. The company has a market cap of $93.29 billion, a P/E ratio of 56.20, a P/E/G ratio of 1.88 and a beta of 1.27. The firm’s fifty day moving average price is $632.80 and its two-hundred day moving average price is $623.16. Quanta Services, Inc. has a one year low of $408.36 and a one year high of $788.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.16 and a quick ratio of 1.05.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, October 29th. The construction company reported $6.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.02 by $1.04. The company had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $11.03 billion. Quanta Services had a net margin of 4.51% and a return on equity of 23.56%. Quanta Services’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.33 EPS. Equities analysts expect that Quanta Services, Inc. will post 15.36 earnings per share for the current year.

Quanta Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, October 1st. Quanta Services’s dividend payout ratio is currently 5.04%.

Quanta Services Company Profile

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.