Quanta Services, Inc. $PWR Shares Purchased by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in Quanta Services, Inc. (NYSE:PWR) by 13.9% in the second quarter, Holdings Channel reports. The fund owned 24,618 shares of the construction company’s stock after buying an additional 2,998 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Quanta Services were worth $17,726,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Quanta Services in the fourth quarter valued at approximately $817,285,000. Victory Capital Management Inc. boosted its stake in Quanta Services by 35.2% during the fourth quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock worth $1,230,493,000 after buying an additional 758,862 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Quanta Services by 137.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock valued at $486,065,000 after buying an additional 667,050 shares in the last quarter. Sands Capital Management LLC purchased a new stake in Quanta Services in the 4th quarter valued at $243,485,000. Finally, Select Equity Group L.P. increased its stake in shares of Quanta Services by 69.3% in the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock worth $384,554,000 after acquiring an additional 416,395 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Analyst upgrade: Zacks Research upgraded Quanta Services from “hold” to “strong-buy,” adding a potential catalyst for the stock. Zacks.com
• Positive Sentiment: Higher 2026 outlook: Coverage highlights Quanta’s raised full-year revenue, earnings, adjusted EBITDA and free-cash-flow forecasts following better-than-expected second-quarter results. The company’s 2026 EPS guidance is $16.45-$16.95. How Quanta’s Raised 2026 Outlook Could Reshape Its Growth Story Ahead
• Positive Sentiment: Secular demand remains strong: Analysts point to power-generation investment, record backlog and expanding infrastructure needs from utilities, power projects and data centers. Acquisitions are also broadening Quanta’s reach in these markets. Is Quanta’s Raised 2026 Outlook Just the Start of a Bigger Story?
• Positive Sentiment: Growth profile attracts investors: Zacks commentary cites accelerating earnings, rising cash generation and strong growth characteristics, while separate analyst coverage remains bullish on PWR among industrial-goods stocks. 3 Reasons Growth Investors Will Love Quanta Services
• Neutral Sentiment: Comparisons with construction-sector peers suggest Quanta’s performance is being evaluated against broader industry trends; the coverage does not identify a new company-specific operational issue. Are Construction Stocks Lagging Quanta Services?
• Negative Sentiment: Valuation is a risk: Despite strong growth and infrastructure demand, PWR trades at a premium valuation, which could limit upside or increase volatility if growth expectations weaken. Is PWR a Buy Today as Growth Accelerates but Valuation Stays High

Quanta Services Stock Performance

NYSE PWR opened at $671.64 on Friday. The stock has a market cap of $100.97 billion, a PE ratio of 76.93, a P/E/G ratio of 2.20 and a beta of 1.23. Quanta Services, Inc. has a twelve month low of $363.01 and a twelve month high of $788.75. The stock has a fifty day simple moving average of $675.30 and a 200-day simple moving average of $620.40. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, topping the consensus estimate of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm had revenue of $9.56 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period in the prior year, the business posted $2.48 EPS. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Equities analysts anticipate that Quanta Services, Inc. will post 15.33 earnings per share for the current year.

Quanta Services declared that its board has initiated a stock buyback program 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 shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Quanta Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.11 per share. 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 (DPR) is currently 5.04%.

Wall Street Analysts Forecast Growth

PWR has been the topic of several analyst reports. UBS Group initiated coverage on shares of Quanta Services in a research report on Friday, July 31st. They set a “buy” rating on the stock. Raymond James Financial started coverage on shares of Quanta Services in a research report on Friday, July 31st. They set an “outperform” rating for the company. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $714.00 target price on shares of Quanta Services in a report on Tuesday, July 21st. BNP Paribas Exane assumed coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They issued a “neutral” rating for the company. Finally, Oppenheimer upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 price target for the company in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Quanta Services presently has an average rating of “Moderate Buy” and an average target price of $767.21.

About Quanta Services

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.