<div id="readability-page-1"><p>Norris Perne &amp; French LLP MI trimmed its holdings in shares of  Quanta Services, Inc. (NYSE:PWR - Free Report) by 42.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,980 shares of the construction company's stock after selling 31,910 shares during the period. Norris Perne &amp; French LLP MI's holdings in Quanta Services were worth $17,812,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Quanta Services</strong> alerts:</span></p></div><ul><li>Quanta Services: The Backbone of the AI Data Center Push</li></ul><p>Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of  Quanta Services by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 17,756,682 shares of the construction company's stock worth $6,713,446,000 after purchasing an additional 339,383 shares during the last quarter.  JPMorgan Chase &amp; Co. boosted its holdings in  Quanta Services by 0.7% during the second quarter. JPMorgan Chase &amp; Co. now owns 6,821,962 shares of the construction company's stock worth $2,579,259,000 after buying an additional 49,334 shares during the last quarter.  State Street Corp grew its position in shares of  Quanta Services by 0.4% during the 2nd quarter. State Street Corp now owns 6,007,287 shares of the construction company's stock worth $2,271,235,000 after buying an additional 24,669 shares during the period.  Geode Capital Management LLC increased its stake in shares of  Quanta Services by 4.1% in the 2nd quarter. Geode Capital Management LLC now owns 3,873,293 shares of the construction company's stock valued at $1,458,362,000 after acquiring an additional 152,823 shares during the last quarter.  Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of  Quanta Services by 57.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,425,436 shares of the construction company's stock valued at $917,009,000 after acquiring an additional 882,209 shares during the period. Institutional investors and hedge funds own  90.49% of the company's stock. </p><h2>Quanta Services Price Performance</h2><p>PWR stock opened at $432.76 on Monday. The stock has a 50-day moving average price of $443.19 and a two-hundred day moving average price of $409.51. Quanta Services, Inc. has a 1 year low of $227.08 and a 1 year high of $473.99. The stock has a market cap of $64.53 billion, a PE ratio of 64.11, a price-to-earnings-growth ratio of 2.45 and a beta of 1.14. The company has a current ratio of 1.34, a quick ratio of 1.30 and a debt-to-equity ratio of 0.66. </p><ul><li>Smart Money Piles Into GRID ETF on Trillion-Dollar Power Upgrade</li></ul><p>Quanta Services (NYSE:PWR - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The construction company reported $3.33 EPS for the quarter, beating analysts' consensus estimates of $3.24 by $0.09. The company had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.41 billion. Quanta Services had a return on equity of 18.74% and a net margin of 3.74%.The company's quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.72 earnings per share. Quanta Services has set its FY 2025 guidance at 10.330-10.830 EPS.  Equities analysts forecast that  Quanta Services, Inc. will post 9.34 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts recently issued reports on the stock. JPMorgan Chase &amp; Co. upgraded shares of Quanta Services from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and boosted their price objective for the company from $457.00 to $515.00 in a report on Monday, December 8th. Truist Financial boosted their price target on shares of Quanta Services from $472.00 to $521.00 and gave the company a &#34;buy&#34; rating in a report on Wednesday, October 8th. Evercore ISI raised their price objective on Quanta Services from $410.00 to $480.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday, October 31st. The Goldman Sachs Group  set a $495.00 target price on Quanta Services in a research note on Monday, November 24th. Finally, Citigroup raised their price target on Quanta Services from $517.00 to $526.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, October 31st. Thirteen investment analysts have rated the stock with a Buy rating and twelve have issued  a Hold rating to the company's stock. According to data from MarketBeat, Quanta Services  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $450.10.</p><ul><li>Quanta Services Stock is an Infrastructure Power Grid Play</li></ul><p><b>Check Out Our Latest Analysis on Quanta Services</b></p><h2>Insider Transactions at Quanta Services</h2><p>In other news, EVP Donald Wayne sold 14,000 shares of the firm's stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $443.81, for a total transaction of $6,213,340.00. Following the completion of the transaction, the executive vice president directly owned 34,575 shares of the company's stock, valued at $15,344,730.75. This trade represents a 28.82% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider Gerald A. Ducey, Jr. sold 7,653 shares of Quanta Services stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $446.08, for a total transaction of $3,413,850.24. Following the completion of the sale, the insider owned 19,960 shares in the company, valued at $8,903,756.80. This trade represents a 27.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 32,002 shares of company stock worth $14,295,857. Insiders own  1.10% of the company's stock. </p><h2>About Quanta Services</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Quanta Services</li><li>Do not delete, read immediately</li><li>How the Rich Retire</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>How Long Will $1M Last in Retirement?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBXUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBXUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Quanta Services Right Now?</h2><p>Before you consider Quanta Services, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quanta Services wasn't on the list.</p><p>While Quanta Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Norris Perne & French LLP MI reduced its stake in Quanta Services, Inc. (NYSE:PWR) by 42.6%, selling 31,910 shares in Q3, leaving them with 42,980 shares valued at $17.81 million. Other institutional investors, including Vanguard and JPMorgan, have also adjusted their holdings. Quanta Services reported a quarterly EPS of $3.33, exceeding estimates, with revenue of $7.63 billion. Analysts have set new price targets, with upgrades from JPMorgan and Truist, reflecting a positive outlook for the stock, which has a market cap of $64.53 billion and a PE ratio of 64.11.</p>

Norris Perne & French LLP MI Sells 31,910 Shares of Quanta Services, Inc. $PWR