745 Shares in Quanta Services, Inc. $PWR Acquired by Americana Partners LLC

Americana Partners LLC bought a new position in shares of Quanta Services, Inc. (NYSE:PWR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 745 shares of the construction company’s stock, valued at approximately $314,000.

A number of other hedge funds also recently bought and sold shares of the stock. Evoke Wealth LLC purchased a new stake in Quanta Services during the fourth quarter worth $368,000. Wilian Securities LLC purchased a new stake in Quanta Services during the fourth quarter worth $732,000. Axxcess Wealth Management LLC lifted its holdings in Quanta Services by 155.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 10,160 shares of the construction company’s stock worth $4,288,000 after buying an additional 6,180 shares during the period. Signature Estate & Investment Advisors LLC lifted its holdings in Quanta Services by 1.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 49,793 shares of the construction company’s stock worth $21,016,000 after buying an additional 870 shares during the period. Finally, Commonwealth Financial Services LLC lifted its holdings in Quanta Services by 18.1% during the fourth quarter. Commonwealth Financial Services LLC now owns 1,491 shares of the construction company’s stock worth $629,000 after buying an additional 229 shares during the period. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services News Roundup

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

• Positive Sentiment: Quanta Services approved a new $1.0 billion stock repurchase program, which signals management and the board may view the shares as undervalued and provides a potential support for earnings per share over time. Quanta Services Announces Quarterly Cash Dividend and New $1 Billion Stock Repurchase Program
• Positive Sentiment: The company also declared a quarterly dividend of $0.11 per share, reinforcing capital returns to shareholders, although the yield remains modest. Quanta Services Announces Quarterly Cash Dividend and New $1 Billion Stock Repurchase Program
• Positive Sentiment: CICC initiated coverage of Quanta Services (PWR) with an outperform rating, adding another bullish analyst signal. CICC initiates coverage of Quanta Services (PWR) with outperform recommendation
• Neutral Sentiment: Analysts and commentators continue to highlight long-term demand tailwinds from power grid upgrades, renewables, telecom, and AI data center buildouts, which support the investment case but do not represent a near-term catalyst on their own. Quanta vs. MasTec: Which AI Infrastructure Stock is the Better Buy?
• Neutral Sentiment: Quanta also added Joseph Kim to its Board of Directors, a governance update that may be viewed positively but is unlikely to move the stock as much as the buyback announcement. Joseph Kim Joins Quanta Services Board of Directors
• Negative Sentiment: One article noted that the $1 billion buyback is being weighed against growth and valuation concerns, suggesting some investors may question whether the stock is expensive after its strong run. Quanta Services Weighs US$1b Buyback Against Growth And Valuation Concerns

Analyst Upgrades and Downgrades

A number of analysts have weighed in on PWR shares. BMO Capital Markets upped their target price on Quanta Services from $650.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Jefferies Financial Group increased their price objective on Quanta Services from $654.00 to $857.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings upgraded Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Mizuho increased their price objective on Quanta Services from $580.00 to $693.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, UBS Group increased their price objective on Quanta Services from $646.00 to $900.00 and gave the company a “buy” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $715.17.

Insider Activity at Quanta Services

In other Quanta Services news, CAO Paul Nobel sold 4,000 shares of Quanta Services stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the completion of the sale, the chief accounting officer directly owned 8,080 shares in the company, valued at approximately $6,116,398.40. The trade was a 33.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Earl C. Jr. Austin sold 25,992 shares of Quanta Services stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the sale, the chief executive officer owned 16,508 shares of the company’s stock, valued at approximately $12,722,880.68. The trade was a 61.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 159,992 shares of company stock valued at $123,244,714. Company insiders own 0.60% of the company’s stock.

Quanta Services Stock Performance

Shares of PWR stock opened at $722.60 on Monday. Quanta Services, Inc. has a 1 year low of $326.89 and a 1 year high of $788.75. The business has a fifty day moving average of $632.01 and a 200 day moving average of $529.20. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a market capitalization of $108.43 billion, a price-to-earnings ratio of 99.12, a price-to-earnings-growth ratio of 2.48 and a beta of 1.24.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.64. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The company had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $7 billion. During the same quarter in the prior year, the company earned $1.78 EPS. Quanta Services’s quarterly revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, research analysts expect that Quanta Services, Inc. will post 12.84 earnings per share for the current year.

Quanta Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, July 1st. Quanta Services’s payout ratio is presently 6.04%.

Quanta Services declared that its board has authorized a share buyback plan on Friday, May 22nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the construction company to buy up to 0.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Quanta Services Company Profile

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.