Quanta Services (NYSE:PWR) Given “Buy” Rating at Truist Financial

Truist Financial reiterated their buy rating on shares of Quanta Services (NYSE:PWR) in a report released on Friday morning, Marketbeat Ratings reports. The brokerage currently has a $643.00 price objective on the construction company’s stock, up from their prior price objective of $548.00.

Other equities analysts have also recently issued research reports about the company. Roth Mkm restated a “buy” rating and issued a $600.00 price target on shares of Quanta Services in a research report on Friday. Robert W. Baird upped their price target on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research note on Friday. Citigroup increased their price target on Quanta Services from $540.00 to $640.00 and gave the stock a “buy” rating in a report on Friday. Sanford C. Bernstein boosted their price objective on shares of Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a research note on Monday, February 9th. Finally, Mizuho set a $415.00 price objective on shares of Quanta Services in a research report on Tuesday, October 28th. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $525.85.

Quanta Services Stock Down 0.3%

PWR stock opened at $552.59 on Friday. The company has a market cap of $82.40 billion, a price-to-earnings ratio of 81.26, a price-to-earnings-growth ratio of 2.68 and a beta of 1.15. The company has a fifty day moving average price of $464.58 and a 200 day moving average price of $433.72. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.30. Quanta Services has a 12 month low of $227.08 and a 12 month high of $565.93.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating 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 company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same period in the previous year, the business posted $2.94 earnings per share. Quanta Services’s quarterly 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. Sell-side analysts expect that Quanta Services will post 9.34 earnings per share for the current year.

Hedge Funds Weigh In On Quanta Services

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cambient Family Office LLC purchased a new stake in Quanta Services during the fourth quarter worth about $485,000. Compound Planning Inc. increased its holdings in Quanta Services by 35.9% in the fourth quarter. Compound Planning Inc. now owns 2,353 shares of the construction company’s stock valued at $993,000 after buying an additional 621 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of Quanta Services by 0.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 4,016 shares of the construction company’s stock worth $1,695,000 after acquiring an additional 36 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Quanta Services by 137.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock worth $486,065,000 after acquiring an additional 667,050 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Quanta Services by 12.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,969 shares of the construction company’s stock valued at $11,804,000 after purchasing an additional 3,070 shares in the last quarter. 90.49% of the stock is owned by institutional investors and hedge funds.

Key Quanta Services News

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

• Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
• Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
• Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
• Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
• Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.

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.