Quanta Services (NYSE:PWR) Issues FY 2026 Earnings Guidance

Quanta Services (NYSE:PWR) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 16.450-16.950 for the period, compared to the consensus earnings per share estimate of 13.780. The company issued revenue guidance of $39.3 billion-$39.7 billion, compared to the consensus revenue estimate of $35.0 billion.

Quanta Services Price Performance

Shares of PWR opened at $561.14 on Thursday. 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 firm’s 50-day simple moving average is $682.41 and its two-hundred day simple moving average is $610.16. Quanta Services has a fifty-two week low of $363.01 and a fifty-two week high of $788.75. The stock has a market cap of $84.21 billion, a PE ratio of 76.97, a price-to-earnings-growth ratio of 2.32 and a beta of 1.21.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.93. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Analysts anticipate that Quanta Services will post 12.8 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Wednesday, July 1st. Quanta Services’s dividend payout ratio is currently 6.04%.

Quanta Services announced that its board has approved a share buyback plan on Friday, May 22nd that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the construction company to reacquire up to 0.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PWR. TD Cowen upped their price objective on Quanta Services from $570.00 to $775.00 and gave the company a “buy” rating in a research report on Monday, May 4th. BMO Capital Markets upped their price target on Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. B. Riley Financial reiterated a “neutral” rating on shares of Quanta Services in a report on Friday, May 1st. The Goldman Sachs Group upped their target price on shares of Quanta Services from $685.00 to $826.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Evercore raised their price target 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. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $745.55.

Insider Transactions at Quanta Services

In other Quanta Services news, CAO Paul Nobel sold 4,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $756.98, for a total value 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 trade represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Earl C. Jr. Austin sold 130,000 shares of Quanta Services stock in a transaction on 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. This represents a 18.93% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 159,992 shares of company stock worth $123,244,714. 0.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Darwin Wealth Management LLC bought a new position in shares of Quanta Services during the 2nd quarter valued at approximately $26,000. Meeder Asset Management Inc. boosted its position in shares of Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after purchasing an additional 51 shares during the period. Quarry LP purchased a new stake in shares of Quanta Services in the fourth quarter worth $40,000. Kemnay Advisory Services Inc. purchased a new position in shares of Quanta Services during the 4th quarter valued at $44,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Quanta Services during the 3rd quarter valued at $49,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Quanta Services Company 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.