IFM Investors Pty Ltd Boosts Stake in Quanta Services, Inc. $PWR

IFM Investors Pty Ltd lifted its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 3.2% during the first quarter, Holdings Channel reports. The fund 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 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Evoke Wealth LLC bought a new position in Quanta Services during the 4th quarter worth approximately $368,000. Sequoia Financial Advisors LLC raised its position in shares of Quanta Services by 3.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 130,436 shares of the construction company’s stock valued at $55,052,000 after acquiring an additional 3,966 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Quanta Services by 9.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,602 shares of the construction company’s stock worth $21,357,000 after purchasing an additional 4,568 shares during the last quarter. Lebenthal Global Advisors LLC boosted its holdings in Quanta Services by 9.8% in the fourth quarter. Lebenthal Global Advisors LLC now owns 9,277 shares of the construction company’s stock worth $3,915,000 after purchasing an additional 830 shares during the period. Finally, North Dakota State Investment Board acquired a new position in Quanta Services in the fourth quarter worth $2,131,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Insiders Place Their Bets

In other Quanta Services news, CEO Earl C. Jr. Austin sold 130,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the sale, the chief executive officer directly owned 556,911 shares in the company, valued at approximately $429,183,462.15. The trade was a 18.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction on 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 completion of the sale, the chief accounting officer owned 8,080 shares of the company’s stock, valued at approximately $6,116,398.40. This trade represents a 33.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,992 shares of company stock valued at $123,244,714 in the last quarter. 0.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of Quanta Services from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Cantor Fitzgerald boosted their price objective on shares of Quanta Services from $630.00 to $901.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Robert W. Baird raised their target price on shares of Quanta Services from $606.00 to $777.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Sanford C. Bernstein lifted their target price on Quanta Services from $538.00 to $725.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Finally, Citigroup upped their target price on Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Quanta Services currently has an average rating of “Moderate Buy” and an average target price of $751.14.

Quanta Services Stock Down 3.9%

PWR stock opened at $692.00 on Thursday. The stock has a market cap of $103.84 billion, a PE ratio of 94.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.21. The firm’s 50-day simple moving average is $709.21 and its 200 day simple moving average is $580.41. Quanta Services, Inc. has a fifty-two week low of $363.01 and a fifty-two week high of $788.75. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion during 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 was up 26.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, sell-side analysts predict that Quanta Services, Inc. will post 12.81 EPS for the current year.

Quanta Services announced that its Board of Directors has approved a stock repurchase plan on Friday, May 22nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the construction company to repurchase up to 0.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Quanta Services Dividend Announcement

The firm also recently announced 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 of this dividend is Wednesday, July 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s payout ratio is presently 6.04%.

Key Stories Impacting Quanta Services

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

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.