Varma Mutual Pension Insurance Co Cuts Stake in Quanta Services, Inc. $PWR

Varma Mutual Pension Insurance Co cut its stake in Quanta Services, Inc. (NYSE:PWR) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,120 shares of the construction company’s stock after selling 5,520 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Quanta Services were worth $13,135,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in shares of Quanta Services by 35.6% during the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after acquiring an additional 765,822 shares during the last quarter. Select Equity Group L.P. increased its position in shares of Quanta Services by 69.3% during the second quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock worth $384,554,000 after acquiring an additional 416,395 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Quanta Services by 2.2% during the third quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after acquiring an additional 386,937 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Quanta Services by 29.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company’s stock worth $342,428,000 after acquiring an additional 189,134 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Quanta Services by 29.9% during the third quarter. First Trust Advisors LP now owns 812,748 shares of the construction company’s stock worth $336,819,000 after acquiring an additional 186,857 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Stock Performance

Shares of PWR stock opened at $757.96 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The business has a 50 day moving average of $578.99 and a two-hundred day moving average of $498.52. Quanta Services, Inc. has a 52 week low of $315.00 and a 52 week high of $763.11. The company has a market cap of $113.74 billion, a P/E ratio of 103.97, a PEG ratio of 3.37 and a beta of 1.24.

Quanta Services (NYSE:PWR) last issued its earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7 billion. During the same period in the previous year, the firm posted $1.78 earnings per share. Quanta Services’s quarterly revenue was up 26.3% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, analysts anticipate that Quanta Services, Inc. will post 11.97 EPS for the current year.

Quanta Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, April 2nd. 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: UBS sharply raised its price target to $900 and maintained a Buy rating, signaling sizable analyst conviction and implied upside for PWR. Article Title
• Positive Sentiment: Goldman Sachs raised its price target to $826 and kept a Buy rating, reinforcing institutional bullishness that can support further share gains. Article Title
• Positive Sentiment: TD Cowen boosted its price target and issued a positive forecast for Quanta, adding another reputable shop to the list of recent upgrades. Analyst momentum is a clear near‑term catalyst. Article Title
• Positive Sentiment: Jim Cramer and other outlets are highlighting Quanta as an “obvious winner” in the electric‑grid/AI infrastructure buildout, which can draw retail and momentum buying. Article Title
• Positive Sentiment: Consensus analyst coverage sits around “Moderate Buy,” reinforcing the market’s constructive view after Quanta’s recent strong quarter and raised FY‑2026 guidance. Article Title
• Neutral Sentiment: Sector context — coverage on how AI data centers are reshaping power demand highlights a structural tailwind for companies that build and upgrade grid and power infrastructure; this supports Quanta’s longer‑term revenue opportunity but timing/scale vary. Article Title
• Neutral Sentiment: Long‑term bullish pieces (The Motley Fool, Zacks) reiterate Quanta’s growth story and record results commentary; constructive for sentiment but less immediate as share‑price catalysts versus analyst upgrades. Article Title Article Title

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wolfe Research lifted their target price on Quanta Services from $477.00 to $576.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $784.00 target price on Quanta Services in a research report on Friday. Robert W. Baird lifted their target price on Quanta Services from $606.00 to $777.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group lifted their target price on Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday. Finally, DA Davidson lifted their target price on Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Eighteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $678.00.

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.