Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Quanta Services, Inc. (NYSE:PWR)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Quanta Services stock on August 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/24/2026.

Quanta Services Trading Up 5.1%

Shares of NYSE:PWR traded up $31.26 during midday trading on Friday, hitting $649.99. 941,017 shares of the stock traded hands, compared to its average volume of 986,227. 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 business’s 50 day moving average is $645.78 and its two-hundred day moving average is $645.99. The stock has a market capitalization of $97.72 billion, a PE ratio of 74.46, a P/E/G ratio of 2.03 and a beta of 1.20. Quanta Services, Inc. has a one year low of $373.39 and a one year high of $788.75.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The company had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the previous year, the business earned $2.48 EPS. Quanta Services’s revenue was up 41.1% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. As a group, research analysts forecast that Quanta Services, Inc. will post 15.35 earnings per share for the current year.

Quanta Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 1st will be given a $0.11 dividend. The ex-dividend date is Thursday, October 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s payout ratio is presently 5.04%.

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

Institutional Trading of Quanta Services

Several institutional investors have recently bought and sold shares of the company. Cedar Mountain Advisors LLC grew its holdings in shares of Quanta Services by 321.4% during the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after buying an additional 45 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in Quanta Services in the 2nd quarter worth approximately $26,000. Boreal Capital Management LLC bought a new position in Quanta Services in the 1st quarter valued at approximately $27,000. MV Capital Management Inc. purchased a new stake in Quanta Services during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. increased its holdings in shares of Quanta Services by 221.7% in the 4th quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after purchasing an additional 51 shares in the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Mizuho raised their price objective on Quanta Services from $659.00 to $741.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft lowered shares of Quanta Services to a “sell” rating in a research note on Friday, July 31st. KeyCorp raised shares of Quanta Services from a “sector weight” rating to an “overweight” rating and set a $807.00 price objective on the stock in a research note on Friday, August 7th. Truist Financial restated a “buy” rating and issued a $976.00 price objective (up from $940.00) on shares of Quanta Services in a report on Monday, August 3rd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $748.00 target price on shares of Quanta Services in a research note on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, twenty have given 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $767.72.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider serving the electric power, communications, pipeline, industrial and renewable energy industries. The company designs, installs, repairs and maintains infrastructure used to generate, transmit and distribute electricity, as well as systems that support telecommunications, natural gas and other energy-related activities.

Its services include engineering, procurement and construction; utility and substation work; transmission and distribution projects; storm restoration; fiber-optic and wireless network deployment; pipeline construction and maintenance; and development of renewable energy and energy storage infrastructure.