60,000 Shares in Quanta Services, Inc. $PWR Purchased by Encompass Capital Advisors LLC

Posted by Francis Steltz on Jul 28th, 2026

Encompass Capital Advisors LLC purchased a new position in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 60,000 shares of the construction company’s stock, valued at approximately $32,941,000. Quanta Services accounts for 1.0% of Encompass Capital Advisors LLC’s investment portfolio, making the stock its 27th biggest holding.

Several other large investors also recently modified their holdings of the stock. Quantinno Capital Management LP raised its holdings in shares of Quanta Services by 18.3% in the 1st quarter. Quantinno Capital Management LP now owns 67,090 shares of the construction company’s stock worth $36,834,000 after buying an additional 10,360 shares in the last quarter. SummitTX Capital L.P. bought a new position in shares of Quanta Services during the 1st quarter worth approximately $1,108,000. Visualize Group LP boosted its stake in Quanta Services by 1.4% in the 1st quarter. Visualize Group LP now owns 42,116 shares of the construction company’s stock valued at $23,123,000 after buying an additional 596 shares in the last quarter. Wealth Watch Advisors INC grew its position in Quanta Services by 132.8% in the first quarter. Wealth Watch Advisors INC now owns 433 shares of the construction company’s stock valued at $238,000 after acquiring an additional 247 shares during the period. Finally, Weiss Asset Management LP bought a new stake in Quanta Services in the first quarter valued at $4,809,000. 90.49% of the stock is currently owned by institutional investors.

Quanta Services Stock Down 0.9%

NYSE:PWR opened at $619.98 on Tuesday. The company has a market cap of $93.03 billion, a price-to-earnings ratio of 85.05, a P/E/G ratio of 2.46 and a beta of 1.21. 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’s fifty day moving average price is $687.90 and its two-hundred day moving average price is $608.07. Quanta Services, Inc. has a 52-week low of $363.01 and a 52-week high of $788.75.

Quanta Services (NYSE:PWR – Get Free Report) last released its earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating the consensus estimate of $2.04 by $0.64. The company had revenue of $7.87 billion during the quarter, compared to analysts’ expectations of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The business’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the firm earned $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, analysts anticipate that Quanta Services, Inc. will post 12.8 EPS for the current year.

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

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Wednesday, July 1st were given a $0.11 dividend. 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 dividend payout ratio (DPR) is presently 6.04%.

Insider Activity

In other Quanta Services news, CEO Earl C. Jr. Austin sold 25,992 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the completion of the sale, the chief executive officer directly owned 16,508 shares of the company’s stock, 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 SEC, which can be accessed through the SEC website. Also, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction dated 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 approximately $6,116,398.40. The trade was a 33.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 159,992 shares of company stock valued at $123,244,714 over the last three months. Company insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. BMO Capital Markets lifted their price objective on Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. The Goldman Sachs Group increased their target price on shares of Quanta Services from $685.00 to $826.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wall Street Zen downgraded shares of Quanta Services from a “buy” rating to a “hold” rating in a report on Saturday. Sanford C. Bernstein boosted their price target on shares of Quanta Services from $538.00 to $725.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Finally, Cantor Fitzgerald raised their price objective on shares of Quanta Services from $630.00 to $901.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $745.55.

Get Our Latest Analysis on Quanta Services

Quanta Services Company 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.