CHICAGO TRUST Co NA reduced its stake in Quanta Services, Inc. (NYSE:PWR – Free Report) by 37.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,997 shares of the construction company’s stock after selling 1,202 shares during the period. CHICAGO TRUST Co NA’s holdings in Quanta Services were worth $1,096,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. IFM Investors Pty Ltd grew its holdings in shares of Quanta Services by 3.2% during the first quarter. IFM Investors Pty Ltd now owns 29,646 shares of the construction company’s stock valued at $16,276,000 after buying an additional 922 shares during the last quarter. Global Trust Asset Management LLC purchased a new stake in shares of Quanta Services during the first quarter valued at $206,000. First Pacific Financial purchased a new position in Quanta Services in the 1st quarter worth about $55,000. Premier Path Wealth Partners LLC boosted its holdings in shares of Quanta Services by 12.5% during the 1st quarter. Premier Path Wealth Partners LLC now owns 1,412 shares of the construction company’s stock valued at $775,000 after acquiring an additional 157 shares during the last quarter. Finally, Folger Nolan Fleming Douglas Capital Management Inc. purchased a new position in shares of Quanta Services during the first quarter valued at approximately $494,000. 90.49% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, CEO Earl C. Jr. Austin sold 25,992 shares of Quanta Services stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 16,508 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, CAO Paul Nobel sold 4,000 shares of the business’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 transaction, the chief accounting officer owned 8,080 shares in the company, valued at $6,116,398.40. This trade represents a 33.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 159,992 shares of company stock worth $123,244,714. Company insiders own 0.60% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Quanta Services
Quanta Services News Roundup
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Quanta continues to benefit from strong demand tied to grid modernization, data centers, AI infrastructure, broadband expansion, and energy projects, which supports a long runway for revenue growth. Quanta vs. MasTec: Which Infrastructure Stock Is the Better Buy?
- Positive Sentiment: The company’s latest results were strong, with Q1 2026 revenue of $7.87 billion, adjusted EPS of $2.68, and record backlog of $48.5 billion, reinforcing the bullish growth story. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
- Positive Sentiment: Management recently raised full-year 2026 expectations and authorized a new $1 billion share repurchase program, both of which suggest confidence in future earnings and capital returns. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
- Neutral Sentiment: Several recent articles continue to highlight PWR as a growth and momentum stock, keeping investor attention on its long-term infrastructure exposure rather than on any near-term operational issue. Here’s Why Quanta Services (PWR) is a Strong Growth Stock
- Neutral Sentiment: Analyst coverage remains constructive, with multiple recent price targets clustered above the current trading range, which may help limit downside if fundamentals stay intact. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
- Negative Sentiment: The stock’s recent weakness appears tied to profit-taking after a strong run, as investors reassess its rich valuation while waiting for the next major catalyst. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
- Negative Sentiment: One additional concern for some investors is that insiders have reportedly made multiple sales over the past six months, which can add to caution during a valuation-driven pullback. Quanta Services Slides as Pullback Appears Tied to Valuation and a Lack of Fresh Catalysts
Quanta Services Stock Performance
NYSE:PWR opened at $692.00 on Thursday. The company has a market cap of $103.84 billion, a price-to-earnings ratio of 94.92, a PEG ratio of 2.83 and a beta of 1.21. Quanta Services, Inc. has a 1 year low of $363.01 and a 1 year high of $788.75. The stock’s 50 day simple moving average is $709.21 and its two-hundred day simple moving average is $580.41. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09.
Quanta Services (NYSE:PWR – Get Free Report) last announced 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. The company had revenue of $7.87 billion for the quarter, compared to analysts’ expectations of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. Quanta Services’s quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, equities analysts anticipate that Quanta Services, Inc. will post 12.81 earnings per share for the current fiscal year.
Quanta Services announced that its board has authorized a share repurchase program on Friday, May 22nd that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 0.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
Quanta Services Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, July 1st. Quanta Services’s payout ratio is presently 6.04%.
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.
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