Danica Pension Livsforsikringsaktieselskab Has $11.70 Million Stake in Quanta Services, Inc. $PWR

Danica Pension Livsforsikringsaktieselskab reduced its position in Quanta Services, Inc. (NYSE:PWR) by 36.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,313 shares of the construction company’s stock after selling 12,448 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Quanta Services were worth $11,701,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Oslo Pensjonsforsikring AS bought a new stake in shares of Quanta Services in the 1st quarter valued at approximately $250,000. DJE Kapital AG lifted its position in shares of Quanta Services by 11.7% during the 1st quarter. DJE Kapital AG now owns 81,140 shares of the construction company’s stock worth $43,737,000 after buying an additional 8,513 shares during the period. Wilkerson Advisory Group LLC boosted its stake in Quanta Services by 1,263.6% in the 1st quarter. Wilkerson Advisory Group LLC now owns 300 shares of the construction company’s stock valued at $165,000 after buying an additional 278 shares in the last quarter. Glenview Trust Co grew its position in Quanta Services by 5.6% in the first quarter. Glenview Trust Co now owns 17,375 shares of the construction company’s stock valued at $9,539,000 after acquiring an additional 915 shares during the period. Finally, DUTCH ASSET Corp raised its stake in Quanta Services by 27.0% during the first quarter. DUTCH ASSET Corp now owns 2,483 shares of the construction company’s stock worth $1,364,000 after acquiring an additional 528 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Quanta was named the 2026 Top U.S. Solar Solutions Provider by Solar Power World for the third time in four years, highlighting its leadership in solar project execution and its ability to win large renewable-energy contracts. Quanta Services Named 2026 Top U.S. Solar Solutions Provider by Solar Power World
• Positive Sentiment: Analysts and investors are pointing to Quanta’s execution certainty as a competitive advantage, especially as utilities and technology customers ramp up spending on large, complex infrastructure projects. Can Quanta’s Execution Certainty Strengthen Its Competitive Position?
• Positive Sentiment: JPMorgan reaffirmed a Neutral rating but set a $714 price target, which is above the current share price and suggests upside if execution remains strong. JPMorgan rating update via Benzinga
• Neutral Sentiment: Market commentary noted that PWR has outpaced the broader market in the latest session, reflecting continued investor interest but not a new fundamental catalyst. Quanta Services (PWR) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: One article argued the stock may look pricey on cash flow and earnings, which could limit near-term upside if valuation concerns gain traction. Quanta Services (PWR) Stock Looks Pricey On Cash Flow And Earnings
• Neutral Sentiment: NZS Capital said it strengthened its position in Quanta in a quarterly letter, but the note was broader portfolio commentary rather than a company-specific catalyst. NZS Capital Quanta Services position update

Insiders Place Their Bets

In related news, 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 value of $100,184,500.00. Following the completion of the sale, the chief executive officer owned 556,911 shares in the company, valued at approximately $429,183,462.15. This represents a 18.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Paul Nobel sold 4,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief accounting officer directly owned 8,080 shares in the company, valued at $6,116,398.40. The trade was a 33.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 159,992 shares of company stock worth $123,244,714. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. B. Riley Financial restated a “neutral” rating on shares of Quanta Services in a research note on Friday, May 1st. Oppenheimer upgraded 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 research report on Thursday, May 28th. Wall Street Zen raised shares of Quanta Services from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $784.00 price target on shares of Quanta Services in a research report on Friday, May 1st. Finally, Weiss Ratings cut shares of Quanta Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $745.55.

Quanta Services Stock Up 1.0%

Shares of NYSE PWR opened at $638.74 on Wednesday. Quanta Services, Inc. has a 12-month low of $363.01 and a 12-month high of $788.75. The firm’s 50-day simple moving average is $698.00 and its 200 day simple moving average is $602.38. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The company has a market cap of $95.85 billion, a price-to-earnings ratio of 87.62, a price-to-earnings-growth ratio of 2.49 and a beta of 1.21.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The business had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. Quanta Services’s revenue for the quarter was up 26.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, research analysts expect that Quanta Services, Inc. will post 12.8 earnings per share for the current fiscal year.

Quanta Services announced that its Board of Directors has authorized a share repurchase plan on Friday, May 22nd that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Quanta Services Announces Dividend

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

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.