Dynamic Advisor Solutions LLC decreased its position in Quanta Services, Inc. (NYSE:PWR – Free Report) by 23.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,931 shares of the construction company’s stock after selling 1,810 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Quanta Services were worth $4,270,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PWR. GAMMA Investing LLC increased its stake in shares of Quanta Services by 6.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,622 shares of the construction company’s stock worth $4,048,000 after purchasing an additional 326 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Quanta Services by 1.7% in the 2nd quarter. Avior Wealth Management LLC now owns 1,826 shares of the construction company’s stock valued at $1,315,000 after purchasing an additional 31 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in Quanta Services in the second quarter worth $403,000. Arlington Trust Co LLC bought a new stake in Quanta Services in the second quarter worth $59,000. Finally, CoreCap Advisors LLC increased its position in Quanta Services by 6.0% during the second quarter. CoreCap Advisors LLC now owns 9,569 shares of the construction company’s stock worth $6,890,000 after buying an additional 541 shares during the last quarter. Institutional investors own 90.49% of the company’s stock.
Quanta Services Trading Down 2.4%
Shares of PWR opened at $666.67 on Friday. The stock’s 50-day moving average price is $676.08 and its 200 day moving average price is $620.04. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $100.23 billion, a price-to-earnings ratio of 76.37, a P/E/G ratio of 2.25 and a beta of 1.23. Quanta Services, Inc. has a 12-month low of $363.01 and a 12-month high of $788.75.
Quanta Services declared that its board has approved a share repurchase program on Friday, May 22nd that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to repurchase up to 0.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.
Quanta Services Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.11 per share. The ex-dividend date was Wednesday, July 1st. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s payout ratio is currently 5.04%.
Key Stories Impacting Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Quanta raised its 2026 revenue, earnings, adjusted EBITDA and free-cash-flow outlook after exceeding second-quarter expectations. Its record backlog points to sustained demand for power-grid, energy and data-center infrastructure. How Quanta’s Raised 2026 Outlook Could Reshape Its Growth Story Ahead
- Positive Sentiment: Recent acquisitions are expanding Quanta’s reach in power infrastructure and data centers, potentially increasing its addressable market as electricity demand accelerates. Is Quanta’s Raised 2026 Outlook Just the Start of a Bigger Story?
- Positive Sentiment: Analyst commentary remains supportive, including Truist’s reaffirmed Buy rating and Mizuho’s increased price target of $741. Other coverage highlights Quanta’s earnings growth, cash generation and favorable infrastructure trends. Mizuho Boosts Quanta Services Price Target
- Neutral Sentiment: Growth-focused analysis identifies PWR as a strong growth stock, supported by its operating momentum and backlog. However, these assessments are largely investor-style and factor-based rather than new company announcements. Here’s Why Quanta Services Is a Strong Growth Stock
- Negative Sentiment: Valuation remains the key concern. With PWR trading at a premium to relevant benchmarks, investors may demand continued earnings and cash-flow acceleration before pushing the shares higher. Is PWR a Buy Today as Growth Accelerates but Valuation Stays High
- Negative Sentiment: The stock has declined 11.7% over the past three months despite improving fundamentals, suggesting profit-taking, valuation concerns or high expectations are currently offsetting the favorable outlook. Why PWR Is Down 11.7% in Three Months
Analyst Ratings Changes
PWR has been the subject of several recent analyst reports. Evercore upped their price target on Quanta Services from $635.00 to $800.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Zacks Research lowered Quanta Services from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Robert W. Baird set a $728.00 target price on Quanta Services in a research report on Friday, July 31st. BTIG Research downgraded Quanta Services to a “hold” rating in a report on Friday, July 31st. Finally, TD Cowen boosted their price objective on shares of Quanta Services from $775.00 to $785.00 and gave the stock a “buy” rating in a research note on Monday. Twenty-one investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $767.21.
Check Out Our Latest Report on Quanta Services
About Quanta Services
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.
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