Arizona State Retirement System Has $29.98 Million Holdings in Quanta Services, Inc. $PWR

Posted by George Bondi on Sep 8th, 2026

Arizona State Retirement System increased its holdings in Quanta Services, Inc. (NYSE:PWR – Free Report) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,638 shares of the construction company’s stock after buying an additional 1,110 shares during the period. Arizona State Retirement System’s holdings in Quanta Services were worth $29,981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC grew its holdings in shares of 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. Darwin Wealth Management LLC acquired a new position in Quanta Services in the second quarter valued at about $26,000. Boreal Capital Management LLC bought a new stake in Quanta Services during the first quarter worth about $27,000. MV Capital Management Inc. acquired a new stake in Quanta Services during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. increased its holdings in Quanta Services by 221.7% in the 4th quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after buying an additional 51 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Price Performance

PWR stock traded up $14.61 during trading on Tuesday, reaching $639.02. 831,705 shares of the company were exchanged, compared to its average volume of 1,162,385. The company has a market capitalization of $96.07 billion, a price-to-earnings ratio of 73.20, a P/E/G ratio of 2.05 and a beta of 1.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. The company has a 50-day moving average of $650.04 and a two-hundred day moving average of $644.14. Quanta Services, Inc. has a twelve month low of $370.27 and a twelve month high of $788.75.

Quanta Services (NYSE:PWR – Get Free Report) last posted its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share 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 analysts’ expectations of $8.61 billion. During the same quarter in the previous year, the firm posted $2.48 earnings per share. The company’s revenue was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. As a group, equities analysts predict that Quanta Services, Inc. will post 15.35 earnings per share for the current fiscal year.

Quanta Services announced that its board has approved a stock repurchase program on Friday, May 22nd that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the construction company to purchase up to 0.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Quanta Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Thursday, October 1st will be 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 is Thursday, October 1st. Quanta Services’s dividend payout ratio (DPR) is presently 5.04%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PWR. Weiss Ratings downgraded shares of Quanta Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft cut shares of Quanta Services to a “sell” rating in a research note on Friday, July 31st. Oppenheimer upgraded Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 target price for the company in a research note on Thursday, May 28th. Zacks Research raised Quanta Services from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, TD Cowen lifted their price target on Quanta Services from $775.00 to $785.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $769.25.

Check Out Our Latest Stock Report on Quanta Services

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.