Quanta Services, Inc. (NYSE:PWR – Get Free Report) CAO Paul Nobel sold 4,000 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the completion of the transaction, the chief accounting officer directly owned 8,080 shares of the company’s stock, valued at $6,116,398.40. This trade represents a 33.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Quanta Services Stock Performance
NYSE:PWR opened at $786.39 on Thursday. Quanta Services, Inc. has a 12-month low of $315.45 and a 12-month high of $788.75. 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 firm has a market capitalization of $118.01 billion, a PE ratio of 107.87, a price-to-earnings-growth ratio of 2.84 and a beta of 1.24. The firm has a 50-day moving average price of $588.11 and a 200 day moving average price of $503.33.
Quanta Services (NYSE:PWR – Get Free Report) 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. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The firm had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. During the same quarter in the prior year, the business posted $1.78 earnings per share. The company’s quarterly revenue was up 26.3% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Research analysts anticipate that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.
Quanta Services Announces Dividend
Institutional Trading of Quanta Services
Several hedge funds have recently modified their holdings of PWR. Brighton Jones LLC bought a new stake in shares of Quanta Services during the fourth quarter valued at approximately $298,000. Woodline Partners LP boosted its stake in Quanta Services by 40.7% in the first quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock valued at $3,170,000 after acquiring an additional 3,606 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Quanta Services in the second quarter valued at approximately $4,632,000. Marshall Wace LLP bought a new position in Quanta Services in the second quarter valued at approximately $996,000. Finally, StoneX Group Inc. bought a new position in Quanta Services in the second quarter valued at approximately $204,000. 90.49% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms recently issued reports on PWR. Evercore increased their price target on shares of Quanta Services from $635.00 to $800.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Stifel Nicolaus set a $784.00 price objective on shares of Quanta Services in a research note on Friday, May 1st. TD Cowen upped their price objective on shares of Quanta Services from $570.00 to $775.00 and gave the stock a “buy” rating in a research note on Monday. JPMorgan Chase & Co. upped their price objective on shares of Quanta Services from $627.00 to $805.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Mizuho upped their price objective on shares of Quanta Services from $580.00 to $693.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Eighteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $695.73.
Read Our Latest Stock Analysis on PWR
Key Quanta Services News
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Company raised its 2026 outlook citing a record infrastructure backlog — the primary catalyst behind the rally as investors see stronger revenue and earnings visibility. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog – What’s Changed
- Positive Sentiment: Record $48.5B Q1 backlog and supply?chain investments boost revenue visibility and underpin expectations for another growth leg in 2026. Can Quanta’s Record $48.5B Backlog Support Another Growth Leg in 2026?
- Positive Sentiment: Jefferies raised its price target to $857 and maintains a buy rating, adding bullish analyst support that can attract more demand. Jefferies Adjusts Price Target on Quanta Services to $857
- Positive Sentiment: TD Cowen and other firms are maintaining positive coverage and forecasts, supporting sentiment among institutional investors. TD Cowen Keeps Their Buy Rating on Quanta Services (PWR)
- Neutral Sentiment: Coverage in retail investor and sector pieces highlights Quanta as a beneficiary of rising energy and AI-related power buildouts — supportive thematic tailwinds but less directly catalytic than company guidance. The Smartest Energy Stocks to Buy With $1,000 Right Now
- Neutral Sentiment: Industry analysis points to AI and data-center buildouts increasing demand for power infrastructure — a longer-term positive for Quanta but not an immediate earnings event. The Real AI Trade May Not Be Software. It May Be Power Equipment
- Neutral Sentiment: Sanford C. Bernstein raised its price target to $725 but kept a “market perform” rating — a mixed signal that tempers some upside expectations. Bernstein Adjusts PT on Quanta Services to $725
- Negative Sentiment: Insider sale — CAO Paul Nobel sold 4,000 shares (~33% reduction of his holding), which may prompt some investor caution though insider sales can be routine and were disclosed to the SEC. SEC Filing: Form 4 – Insider Sale
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.
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