Quanta Services
About: Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure.
Employees: 52,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
88% more call options, than puts
Call options by funds: $478M | Put options by funds: $254M
48% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 108
24% more funds holding in top 10
Funds holding in top 10: 29 [Q2] → 36 (+7) [Q3]
15% more capital invested
Capital invested by funds: $36.1B [Q2] → $41.4B (+$5.32B) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 428 | Existing positions reduced: 387
3% more funds holding
Funds holding: 1,123 [Q2] → 1,161 (+38) [Q3]
2.64% less ownership
Funds ownership: 97.05% [Q2] → 94.41% (-2.64%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Andrew Kaplowitz 56% 1-year accuracy 45 / 81 met price target | 19%upside $371 | Buy Maintained | 29 Jan 2025 |
JP Morgan Drew Chamberlain 71% 1-year accuracy 5 / 7 met price target | 3%upside $323 | Neutral Maintained | 28 Jan 2025 |
B of A Securities Sherif El-Sabbahy 22% 1-year accuracy 2 / 9 met price target | 30%upside $407 | Buy Initiated | 24 Jan 2025 |
Stifel Stanley Elliott 58% 1-year accuracy 18 / 31 met price target | 24%upside $388 | Buy Maintained | 22 Jan 2025 |
Truist Securities Jamie Cook 65% 1-year accuracy 57 / 88 met price target | 27%upside $398 | Buy Maintained | 16 Jan 2025 |
Financial journalist opinion
Based on 15 articles about PWR published over the past 30 days









