Stableford Capital II LLC Purchases New Shares in Quanta Services, Inc. $PWR

Posted by Francis Steltz on Aug 4th, 2026

Stableford Capital II LLC acquired a new stake in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,205 shares of the construction company’s stock, valued at approximately $868,000.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp lifted its holdings in shares of Quanta Services by 2.1% in the 4th quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock valued at $2,619,626,000 after acquiring an additional 126,014 shares during the last quarter. Geode Capital Management LLC increased its stake in Quanta Services by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock worth $1,718,371,000 after acquiring an additional 110,360 shares during the last quarter. Bank of America Corp DE increased its stake in 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 acquiring an additional 175,184 shares during the last quarter. Victory Capital Management Inc. raised its position in Quanta Services by 35.2% during the fourth quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock valued at $1,230,493,000 after purchasing an additional 758,862 shares during the period. Finally, Norges Bank bought a new stake in shares of Quanta Services in the 4th quarter valued at approximately $817,285,000. 90.49% of the stock is currently owned by institutional investors.

Trending Headlines about Quanta Services

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

Positive Sentiment: Truist raised its price target to $976 from $940 and reaffirmed its “Buy” rating. The revised target implies significant potential upside and reflects continued confidence in Quanta’s earnings and infrastructure-related growth prospects. Benzinga
Positive Sentiment: Mizuho increased its price target to $741 from $659. Although the firm maintained a “Neutral” rating, the higher target suggests its outlook for Quanta improved following the stock’s recent performance and operating trends. The Fly
Positive Sentiment: Guggenheim upgraded Quanta Services, adding further positive analyst sentiment around the company’s outlook. Quanta Services Upgraded at Guggenheim
Positive Sentiment: Wall Street Zen raised its rating to “Buy,” reinforcing the broader trend of improving analyst sentiment. Quanta Services Rating Increased to Buy
Neutral Sentiment: A Seeking Alpha analysis argues that Quanta’s valuation multiple has compressed without a comparable deterioration in its underlying business thesis. This may reassure investors concerned about valuation, although it also highlights that the stock remains sensitive to further multiple changes. Quanta Services: The Market Compressed the Multiple and Not the Thesis
Negative Sentiment: Quanta priced a $2 billion senior-notes offering consisting of notes due in 2029, 2033 and 2036, with coupons ranging from 4.850% to 5.550%. The financing can support growth or general corporate purposes, but it will increase debt and future interest expense. The offering is expected to close August 6, subject to customary conditions. Quanta Services Announces Pricing of Senior Notes Offering

Analyst Ratings Changes

PWR has been the topic of several analyst reports. UBS Group began coverage on Quanta Services in a research report on Friday. They set a “buy” rating on the stock. BTIG Research downgraded Quanta Services to a “hold” rating in a research report on Friday. Guggenheim upgraded shares of Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 price objective on the stock in a research report on Friday. Cantor Fitzgerald started coverage on shares of Quanta Services in a research note on Friday. They issued an “outperform” rating on the stock. Finally, Zacks Research lowered shares of Quanta Services from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Nineteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $758.96.

View Our Latest Research Report on PWR

Quanta Services Trading Up 2.2%

Shares of NYSE PWR opened at $681.75 on Tuesday. 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 debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.10. The company has a market cap of $102.30 billion, a price-to-earnings ratio of 78.09, a PEG ratio of 2.63 and a beta of 1.21. The business’s 50 day moving average price is $679.33 and its 200-day moving average price is $615.16.

Quanta Services (NYSE:PWR – Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $9.56 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.Quanta Services’s revenue was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.48 EPS. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, sell-side analysts expect that Quanta Services, Inc. will post 12.8 earnings per share for the current year.

Quanta Services announced that its Board of Directors has authorized a share repurchase plan 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 plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Quanta Services Dividend Announcement

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

Quanta Services Profile

(Free Report)

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.