Segall Bryant & Hamill LLC Has $29.95 Million Stock Position in Quanta Services, Inc. $PWR

Segall Bryant & Hamill LLC lessened its stake in shares of Quanta Services, Inc. (NYSE:PWR) by 1.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 54,554 shares of the construction company’s stock after selling 1,061 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Quanta Services were worth $29,951,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Wellington Grp LLC grew its position in Quanta Services by 52.7% during the 1st quarter. Wellington Grp LLC now owns 1,506 shares of the construction company’s stock worth $827,000 after acquiring an additional 520 shares during the last quarter. Verus Capital Partners LLC raised its position in Quanta Services by 4.7% in the first quarter. Verus Capital Partners LLC now owns 997 shares of the construction company’s stock valued at $547,000 after purchasing an additional 45 shares during the last quarter. BankChampaign National Association acquired a new stake in shares of Quanta Services during the first quarter valued at about $771,000. Groupe la Francaise boosted its stake in shares of Quanta Services by 27.9% during the first quarter. Groupe la Francaise now owns 92,919 shares of the construction company’s stock valued at $51,016,000 after purchasing an additional 20,280 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Quanta Services by 5.4% during the first quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company’s stock worth $1,891,215,000 after purchasing an additional 175,184 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat estimates. Quanta reported adjusted diluted EPS of $4.24, versus consensus estimates near $3.30, while revenue reached $9.56 billion compared with expectations of approximately $8.6 billion. Revenue increased 41.1% from the prior year, and adjusted EBITDA rose to $1.1 billion. Quanta Services Reports Second Quarter 2026 Results
• Positive Sentiment: Record backlog supports future growth. Total backlog reached $53.4 billion, including $33.6 billion in remaining performance obligations. Management cited broad infrastructure demand, electric-sector strength and acquisitions as key growth drivers. Operating cash flow was a record $1.1 billion, with free cash flow of $0.9 billion. Quanta Services Q2 Earnings Call Highlights Growth and Backlog Strength
• Positive Sentiment: Quanta raised its 2026 financial expectations across metrics. The company now projects revenue of $39.3 billion to $39.7 billion and adjusted EPS of $16.45 to $16.95, both well above prior consensus expectations. The higher outlook signals management’s confidence that strong demand and execution will continue. Quanta Projects 2026 Revenue as Record Backlog Supports Raised Outlook
• Positive Sentiment: Guggenheim upgraded PWR to “buy” from “neutral” and assigned an $800 price target. The upgrade adds further positive momentum following the earnings report and reflects greater confidence in Quanta’s growth outlook. The Fly Analyst Update
• Negative Sentiment: Valuation remains elevated. With a reported price-to-earnings ratio above 90, PWR’s stock price already reflects substantial growth expectations. Any slowdown in infrastructure demand, execution problems or disappointment with future guidance could increase volatility.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. CICC Research assumed coverage on shares of Quanta Services in a report on Thursday, May 21st. They issued an “outperform” rating and a $872.00 price objective for the company. Benchmark cut shares of Quanta Services to a “sell” rating in a research report on Friday. Cantor Fitzgerald initiated coverage on shares of Quanta Services in a research note on Friday. They set an “outperform” rating for the company. Robert W. Baird set a $728.00 price objective on shares of Quanta Services in a research note on Friday. Finally, Raymond James Financial began coverage on Quanta Services in a report on Friday. They issued an “outperform” rating for the company. Nineteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Quanta Services currently has an average rating of “Moderate Buy” and a consensus price target of $752.78.

Quanta Services Stock Performance

NYSE:PWR opened at $667.83 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.09 and a current ratio of 1.10. 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 50 day simple moving average of $680.15 and a two-hundred day simple moving average of $612.22. The company has a market capitalization of $100.21 billion, a PE ratio of 76.50, a P/E/G ratio of 2.59 and a beta of 1.21.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm 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 company earned $2.48 EPS. The company’s revenue for the quarter was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Research analysts anticipate that Quanta Services, Inc. will post 12.8 earnings per share for the current year.

Quanta Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s dividend payout ratio is 5.04%.

Quanta Services announced that its board has authorized a stock repurchase plan on Friday, May 22nd that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, CEO Earl C. Jr. Austin sold 25,992 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total value of $20,032,294.32. Following the transaction, the chief executive officer directly owned 16,508 shares of the company’s stock, valued at $12,722,880.68. The trade was a 61.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Paul Nobel sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $756.98, for a total value of $3,027,920.00. Following the sale, the chief accounting officer directly owned 8,080 shares of the company’s stock, valued at $6,116,398.40. This represents a 33.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 159,992 shares of company stock worth $123,244,714 in the last ninety days. Insiders own 0.60% of the company’s stock.

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.