91,786 Shares of Quanta Services, Inc. $PWR Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Geri Gentry on Nov 2nd, 2026

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Quanta Services, Inc. (NYSE:PWR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 91,786 shares of the construction company’s stock, valued at approximately $58,973,000. Mirae Asset Global Investments Co. Ltd. owned 0.06% of Quanta Services as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. ProShare Advisors LLC increased its holdings in shares of Quanta Services by 1.3% in the third quarter. ProShare Advisors LLC now owns 23,271 shares of the construction company’s stock valued at $14,952,000 after purchasing an additional 300 shares during the last quarter. Vise Technologies Inc. purchased a new stake in shares of Quanta Services in the 3rd quarter valued at $4,306,000. Blue Fin Capital Inc. acquired a new position in shares of Quanta Services in the third quarter valued at approximately $564,000. Avestar Capital LLC grew its stake in Quanta Services by 7.5% during the 3rd quarter. Avestar Capital LLC now owns 3,650 shares of the construction company’s stock worth $2,345,000 after purchasing an additional 256 shares in the last quarter. Finally, State of Wyoming increased its stake in shares of Quanta Services by 78.6% during the third quarter. State of Wyoming now owns 184 shares of the construction company’s stock worth $118,000 after buying an additional 81 shares during the period. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Trading Down 0.0%

PWR opened at $620.50 on Monday. The firm has a market capitalization of $93.50 billion, a P/E ratio of 56.20, a P/E/G ratio of 1.84 and a beta of 1.29. The firm’s 50 day moving average is $632.80 and its 200-day moving average is $623.16. Quanta Services, Inc. has a 52-week low of $408.36 and a 52-week high of $788.75. The company has a quick ratio of 1.13, a current ratio of 1.16 and a debt-to-equity ratio of 0.60.

Quanta Services (NYSE:PWR – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The construction company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.02 by $1.04. The firm had revenue of $12.01 billion during the quarter, compared to analyst estimates of $11.03 billion. Quanta Services had a return on equity of 23.56% and a net margin of 4.51%. Quanta Services’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.33 EPS. Analysts expect that Quanta Services, Inc. will post 15.36 EPS for the current fiscal year.

Quanta Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s payout ratio is presently 3.99%.

Key Quanta Services News

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

Positive Sentiment: Record results beat expectations. Quanta reported third-quarter revenue of $12.01 billion, up 57.4% year over year and above the $11.03 billion consensus estimate. Adjusted diluted EPS was $6.06, exceeding expectations of approximately $5.02-$5.03 and rising from $3.33 a year earlier. Quanta Services Reports Third Quarter 2026 Results
Positive Sentiment: Demand and visibility remain strong. Electric infrastructure activity helped drive results, while total backlog reached a record $63.7 billion and remaining performance obligations totaled $41.8 billion. Operating cash flow was $1.5 billion and free cash flow was $1.2 billion. PWR Q3 Earnings Beat on Electric Strength
Positive Sentiment: Management raised its 2026 outlook. The company now expects full-year revenue of $41.3 billion to $41.6 billion and diluted EPS of $12.57 to $12.97, reflecting confidence in continued infrastructure spending and execution.
Neutral Sentiment: Technical momentum is mixed. Reports noted that PWR broke above its 200-day moving average, a potentially bullish signal, although the share price has since moved back near that level. Technical traders may view the move as either a confirmation of long-term strength or a possible “sell-the-news” setup. Quanta Services Shares Break Above 200-Day Moving Average
Negative Sentiment: Valuation and insider selling may be limiting upside. PWR trades at roughly 71 times earnings, leaving the stock vulnerable to profit-taking even after the earnings beat. Separately, reported insider activity showed substantial selling and no insider purchases during the past six months, which may add to investor caution.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PWR shares. TD Cowen boosted their price target on shares of Quanta Services from $785.00 to $830.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Research downgraded Quanta Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft cut Quanta Services to a “sell” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. cut shares of Quanta Services from an “overweight” rating to a “neutral” rating and set a $714.00 target price on the stock. in a report on Tuesday, July 21st. Finally, Argus set a $800.00 price target on shares of Quanta Services in a research note on Wednesday, August 5th. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Quanta Services has an average rating of “Moderate Buy” and an average price target of $766.62.

Read Our Latest Stock Analysis on PWR

About Quanta Services

(Free Report)

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.