Saturna Capital Corp decreased its stake in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) by 31.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,884 shares of the construction company’s stock after selling 2,266 shares during the period. Saturna Capital Corp’s holdings in Quanta Services were worth $2,681,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Cedar Mountain Advisors LLC increased its holdings in Quanta Services by 321.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock worth $25,000 after purchasing an additional 45 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the 4th quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in shares of Quanta Services in the second quarter valued at about $26,000. MV Capital Management Inc. acquired a new position in shares of Quanta Services during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of Quanta Services by 221.7% during the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after buying an additional 51 shares in the last quarter. 90.49% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on PWR. Mizuho set a $645.00 target price on Quanta Services in a research report on Monday. B. Riley Financial reaffirmed a “neutral” rating on shares of Quanta Services in a research report on Friday, May 1st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $714.00 price target on shares of Quanta Services in a research note on Tuesday. UBS Group boosted their price objective on shares of Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Zacks Research cut shares of Quanta Services from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $745.55.
Quanta Services Stock Performance
Shares of NYSE PWR opened at $638.74 on Wednesday. The stock has a 50 day moving average price of $698.00 and a 200 day moving average price of $602.38. Quanta Services, Inc. has a 52 week low of $363.01 and a 52 week high of $788.75. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The stock has a market capitalization of $95.85 billion, a PE ratio of 87.62, a price-to-earnings-growth ratio of 2.49 and a beta of 1.21.
Quanta Services (NYSE:PWR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The firm had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7 billion. During the same quarter in the previous year, the firm earned $1.78 EPS. The business’s quarterly revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Analysts predict that Quanta Services, Inc. will post 12.8 earnings per share for the current fiscal year.
Quanta Services Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Wednesday, July 1st were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Wednesday, July 1st. Quanta Services’s payout ratio is presently 6.04%.
Quanta Services announced that its board has initiated a share repurchase program on Friday, May 22nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the construction company to reacquire up to 0.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.
Quanta Services News Roundup
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Quanta was named the 2026 Top U.S. Solar Solutions Provider by Solar Power World for the third time in four years, highlighting its leadership in solar project execution and its ability to win large renewable-energy contracts. Quanta Services Named 2026 Top U.S. Solar Solutions Provider by Solar Power World
- Positive Sentiment: Analysts and investors are pointing to Quanta’s execution certainty as a competitive advantage, especially as utilities and technology customers ramp up spending on large, complex infrastructure projects. Can Quanta’s Execution Certainty Strengthen Its Competitive Position?
- Positive Sentiment: JPMorgan reaffirmed a Neutral rating but set a $714 price target, which is above the current share price and suggests upside if execution remains strong. JPMorgan rating update via Benzinga
- Neutral Sentiment: Market commentary noted that PWR has outpaced the broader market in the latest session, reflecting continued investor interest but not a new fundamental catalyst. Quanta Services (PWR) Outpaces Stock Market Gains: What You Should Know
- Neutral Sentiment: One article argued the stock may look pricey on cash flow and earnings, which could limit near-term upside if valuation concerns gain traction. Quanta Services (PWR) Stock Looks Pricey On Cash Flow And Earnings
- Neutral Sentiment: NZS Capital said it strengthened its position in Quanta in a quarterly letter, but the note was broader portfolio commentary rather than a company-specific catalyst. NZS Capital Quanta Services position update
Insider Buying and Selling at Quanta Services
In other Quanta Services news, 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 transaction of $3,027,920.00. Following the sale, the chief accounting officer directly owned 8,080 shares of the company’s stock, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Earl C. Jr. Austin sold 25,992 shares of Quanta Services stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the completion of the transaction, the chief executive officer directly owned 16,508 shares of the company’s stock, valued at approximately $12,722,880.68. This trade represents a 61.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,992 shares of company stock worth $123,244,714 over the last ninety days. Insiders own 0.60% of the company’s stock.
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.
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