Quanta Services, Inc. $PWR Shares Bought by Lyell Wealth Management LP

Lyell Wealth Management LP raised its stake in Quanta Services, Inc. (NYSE:PWR) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,459 shares of the construction company’s stock after acquiring an additional 1,457 shares during the period. Quanta Services accounts for approximately 1.2% of Lyell Wealth Management LP’s portfolio, making the stock its 28th largest position. Lyell Wealth Management LP’s holdings in Quanta Services were worth $16,232,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cedar Mountain Advisors LLC boosted its stake in Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after acquiring an additional 45 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Quanta Services in the fourth quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in Quanta Services in the second quarter valued at $26,000. Meeder Asset Management Inc. boosted its stake in Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after acquiring an additional 51 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in Quanta Services by 266.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 77 shares of the construction company’s stock valued at $32,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Trading Up 5.1%

NYSE PWR opened at $683.85 on Friday. The stock has a market capitalization of $102.62 billion, a P/E ratio of 93.81, a P/E/G ratio of 2.56 and a beta of 1.20. Quanta Services, Inc. has a 52-week low of $349.06 and a 52-week high of $788.75. The firm has a 50-day moving average price of $672.27 and a 200 day moving average price of $555.48. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.64. The firm had revenue of $7.87 billion during 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%. The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Equities research analysts expect that Quanta Services, Inc. will post 12.81 EPS for the current year.

Quanta Services declared that its Board of Directors has authorized a stock repurchase program on Friday, May 22nd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 0.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Wednesday, July 1st will be issued 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 dividend payout ratio is currently 6.04%.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Market commentary highlights Quanta as an AI infrastructure beneficiary, with analysts and strategists pointing to its exposure to power-grid expansion, data-center electrical work, and other secular demand drivers. Barron’s article
• Positive Sentiment: Recent articles note a record backlog and strong earnings momentum, suggesting revenue visibility remains strong and the company may be well positioned for the next growth cycle. Yahoo Finance article
• Positive Sentiment: Multiple bullish write-ups and stock-picking pieces continue to frame PWR as a high-quality growth name, reinforcing investor optimism around its earnings power and long-term infrastructure demand. MarketBeat article
• Neutral Sentiment: Some recent coverage focuses on valuation and insider selling, which may temper enthusiasm even as the company’s fundamentals remain strong. Quiver Quantitative article
• Neutral Sentiment: Quanta’s strong earnings and raised guidance from its latest quarter continue to support the stock, but those results are already well known and may be limiting near-term upside unless new catalysts emerge. Insider Monkey article

Insider Activity

In other Quanta Services news, 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 directly owned 8,080 shares in the company, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Earl C. Jr. Austin sold 130,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the transaction, the chief executive officer owned 556,911 shares in the company, valued at $429,183,462.15. The trade was a 18.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,992 shares of company stock worth $123,244,714 over the last 90 days. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PWR. Evercore upped their target price on shares of Quanta Services from $635.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on shares of Quanta Services from $627.00 to $805.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Oppenheimer raised shares of Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 target price for the company in a report on Thursday, May 28th. BMO Capital Markets upped their target price on shares of Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Finally, Cantor Fitzgerald upped their target price on shares of Quanta Services from $630.00 to $901.00 and gave the company an “overweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $733.87.

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.