Northland Capmk Equities Analysts Increase Earnings Estimates for Quanta Services, Inc. (NYSE:PWR)

Quanta Services, Inc. (NYSE:PWR) – Investment analysts at Northland Capmk boosted their Q1 2025 EPS estimates for shares of Quanta Services in a research report issued to clients and investors on Monday, September 9th. Northland Capmk analyst G. Richard now anticipates that the construction company will post earnings of $1.73 per share for the quarter, up from their prior forecast of $1.70. The consensus estimate for Quanta Services’ current full-year earnings is $7.80 per share. Northland Capmk also issued estimates for Quanta Services’ Q4 2025 earnings at $2.60 EPS.

PWR has been the subject of several other reports. TD Cowen increased their price objective on shares of Quanta Services from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Northland Securities boosted their price objective on shares of Quanta Services from $264.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. The Goldman Sachs Group raised their target price on Quanta Services from $259.00 to $286.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Argus boosted their price target on Quanta Services from $285.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, May 30th. Finally, Citigroup increased their price objective on Quanta Services from $299.00 to $302.00 and gave the company a “buy” rating in a report on Monday, July 22nd. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $284.50.

Quanta Services Price Performance

Shares of NYSE PWR opened at $263.09 on Tuesday. Quanta Services has a fifty-two week low of $153.74 and a fifty-two week high of $286.87. The company has a market cap of $38.51 billion, a PE ratio of 50.99 and a beta of 1.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.25 and a current ratio of 1.30. The business has a 50-day simple moving average of $259.42 and a two-hundred day simple moving average of $259.75.

Quanta Services (NYSE:PWR) last released its quarterly earnings results on Thursday, August 1st. The construction company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.15. Quanta Services had a net margin of 3.59% and a return on equity of 16.29%. The business had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.51 billion. During the same period in the previous year, the company earned $1.47 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis.

Institutional Investors Weigh In On Quanta Services

Several institutional investors have recently bought and sold shares of PWR. Sanctuary Advisors LLC purchased a new position in Quanta Services in the 2nd quarter valued at $10,183,000. Brown Financial Advisors purchased a new position in shares of Quanta Services in the second quarter worth about $820,000. KPP Advisory Services LLC boosted its position in Quanta Services by 9.9% during the second quarter. KPP Advisory Services LLC now owns 4,429 shares of the construction company’s stock worth $1,125,000 after acquiring an additional 398 shares during the last quarter. Truist Financial Corp grew its stake in Quanta Services by 0.8% during the 2nd quarter. Truist Financial Corp now owns 447,558 shares of the construction company’s stock valued at $113,720,000 after acquiring an additional 3,749 shares in the last quarter. Finally, Old North State Trust LLC raised its holdings in Quanta Services by 16.4% in the 2nd quarter. Old North State Trust LLC now owns 1,360 shares of the construction company’s stock valued at $346,000 after acquiring an additional 192 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Quanta Services

In related news, insider Karl W. Studer sold 23,357 shares of Quanta Services stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $270.51, for a total value of $6,318,302.07. Following the completion of the transaction, the insider now owns 10,631 shares in the company, valued at approximately $2,875,791.81. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Karl W. Studer sold 23,357 shares of Quanta Services stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $270.51, for a total value of $6,318,302.07. Following the sale, the insider now owns 10,631 shares of the company’s stock, valued at approximately $2,875,791.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Earl C. Jr. Austin sold 130,000 shares of the business’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $262.21, for a total transaction of $34,087,300.00. Following the completion of the sale, the chief executive officer now directly owns 593,402 shares of the company’s stock, valued at approximately $155,595,938.42. The disclosure for this sale can be found here. Insiders sold a total of 202,357 shares of company stock worth $53,115,572 in the last three months. Company insiders own 1.10% of the company’s stock.

Quanta Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Tuesday, October 1st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.14%. The ex-dividend date of this dividend is Tuesday, October 1st. Quanta Services’s dividend payout ratio (DPR) is 6.98%.

Quanta Services Company Profile

Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.