Quanta Services, Inc. $PWR Shares Bought by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its position in Quanta Services, Inc. (NYSE:PWR) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,646 shares of the construction company’s stock after purchasing an additional 922 shares during the quarter. IFM Investors Pty Ltd’s holdings in Quanta Services were worth $16,276,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Quanta Services during the fourth quarter worth approximately $817,285,000. Bank of America Corp DE raised its stake in shares of Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after buying an additional 765,822 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Quanta Services by 35.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock valued at $1,230,493,000 after buying an additional 758,862 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Quanta Services by 137.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock valued at $486,065,000 after buying an additional 667,050 shares in the last quarter. Finally, Sands Capital Management LLC acquired a new position in Quanta Services during the fourth quarter worth $243,485,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services News Roundup

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

• Positive Sentiment: Quanta continues to benefit from strong demand tied to grid modernization, data centers, AI infrastructure, broadband expansion, and energy projects, which supports a long runway for revenue growth. Quanta vs. MasTec: Which Infrastructure Stock Is the Better Buy?
• Positive Sentiment: The company’s latest results were strong, with Q1 2026 revenue of $7.87 billion, adjusted EPS of $2.68, and record backlog of $48.5 billion, reinforcing the bullish growth story. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
• Positive Sentiment: Management recently raised full-year 2026 expectations and authorized a new $1 billion share repurchase program, both of which suggest confidence in future earnings and capital returns. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
• Neutral Sentiment: Several recent articles continue to highlight PWR as a growth and momentum stock, keeping investor attention on its long-term infrastructure exposure rather than on any near-term operational issue. Here’s Why Quanta Services (PWR) is a Strong Growth Stock
• Neutral Sentiment: Analyst coverage remains constructive, with multiple recent price targets clustered above the current trading range, which may help limit downside if fundamentals stay intact. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
• Negative Sentiment: The stock’s recent weakness appears tied to profit-taking after a strong run, as investors reassess its rich valuation while waiting for the next major catalyst. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
• Negative Sentiment: One additional concern for some investors is that insiders have reportedly made multiple sales over the past six months, which can add to caution during a valuation-driven pullback. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PWR shares. Oppenheimer upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 target price on the stock in a research report on Thursday, May 28th. Sanford C. Bernstein upped their price target on shares of Quanta Services from $538.00 to $725.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Stifel Nicolaus set a $784.00 price objective on Quanta Services in a research report on Friday, May 1st. BMO Capital Markets lifted their price target on shares of Quanta Services from $650.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Quanta Services from $627.00 to $805.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Quanta Services has an average rating of “Moderate Buy” and a consensus target price of $751.14.

Insider Activity

In other news, CEO Earl C. Jr. Austin sold 25,992 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total value of $20,032,294.32. Following the completion of the sale, the chief executive officer owned 16,508 shares of the company’s stock, valued at $12,722,880.68. This represents a 61.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Paul Nobel sold 4,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $756.98, for a total value of $3,027,920.00. Following the sale, the chief accounting officer owned 8,080 shares in the company, valued at approximately $6,116,398.40. The trade was a 33.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,992 shares of company stock valued at $123,244,714 over the last 90 days. 0.60% of the stock is currently owned by insiders.

Quanta Services Stock Performance

Shares of PWR stock opened at $692.00 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The firm has a market capitalization of $103.84 billion, a price-to-earnings ratio of 94.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.21. Quanta Services, Inc. has a one year low of $363.01 and a one year high of $788.75. The company has a 50 day moving average price of $709.21 and a 200 day moving average price of $580.41.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The company had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. Quanta Services’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter last year, the business earned $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Sell-side analysts anticipate that Quanta Services, Inc. will post 12.81 EPS for the current year.

Quanta Services Dividend Announcement

The company also recently declared 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. The ex-dividend date is Wednesday, July 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s dividend payout ratio is currently 6.04%.

Quanta Services declared that its Board of Directors has authorized a stock repurchase plan on Friday, May 22nd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the construction company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Quanta Services 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.