Earl Jr. Austin Sells 130,000 Shares of Quanta Services (NYSE:PWR) Stock

Quanta Services, Inc. (NYSE:PWR) CEO Earl Jr. Austin sold 130,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the completion of the sale, 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. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Quanta Services Stock Down 4.5%

Shares of PWR traded down $35.02 during midday trading on Thursday, reaching $750.22. The stock had a trading volume of 1,976,497 shares, compared to its average volume of 1,120,451. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. The company’s fifty day simple moving average is $591.73 and its two-hundred day simple moving average is $505.56. The company has a market cap of $112.58 billion, a price-to-earnings ratio of 102.91, a PEG ratio of 2.84 and a beta of 1.24. Quanta Services, Inc. has a 1-year low of $320.56 and a 1-year high of $788.75.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The company’s revenue was up 26.3% on a year-over-year basis. During the same period last year, the firm posted $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Equities research analysts expect that Quanta Services, Inc. will post 11.97 earnings per share for the current year.

Quanta Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is 6.04%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PWR. Vanguard Group Inc. lifted its stake in shares of Quanta Services by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after acquiring an additional 386,937 shares during the period. State Street Corp lifted its stake in shares of Quanta Services by 2.1% in the 4th quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock worth $2,619,626,000 after acquiring an additional 126,014 shares during the period. Geode Capital Management LLC lifted its stake in shares of Quanta Services by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock worth $1,718,371,000 after acquiring an additional 110,360 shares during the period. Bank of America Corp DE lifted its stake in shares of Quanta Services by 35.6% in the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after acquiring an additional 765,822 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of Quanta Services by 35.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock worth $1,230,493,000 after acquiring an additional 758,862 shares during the period. 90.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on PWR. Citigroup increased their target price on shares of Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a research report on Monday, April 27th. DA Davidson raised their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. BNP Paribas Exane began coverage on shares of Quanta Services in a research report on Tuesday, April 14th. They set a “neutral” rating on the stock. Wall Street Zen raised shares of Quanta Services from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Sanford C. Bernstein raised their price objective on shares of Quanta Services from $538.00 to $725.00 and gave the stock a “market perform” rating in a research report on Tuesday. Seventeen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $695.73.

Quanta Services News Roundup

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

• Positive Sentiment: Q1 results beat and record revenue — Quanta reported a record $7.87B in Q1 2026 revenue and an EPS beat that fueled the rally; this underscores accelerating top-line momentum. Quanta Services (PWR) Reports Record Q1 2026 Revenue of $7.87B
• Positive Sentiment: Raised guidance and record backlog — Management raised FY?2026 outlook and cited a record infrastructure backlog (reported at roughly $48.5B), improving revenue and earnings visibility and acting as the primary catalyst for the recent price jump. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog – What’s Changed
• Positive Sentiment: Analyst upside — Several firms pushed price targets higher (Jefferies to $857 and others raised targets), and broad analyst buy/hold coverage supports further demand from institutions. Jefferies Adjusts Price Target on Quanta Services to $857
• Neutral Sentiment: Thematic tailwinds — Coverage in retail and sector pieces highlights Quanta as a beneficiary of rising energy demand and AI/data?center power buildouts; positive for long?term demand but not an immediate earnings event. The Smartest Energy Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Mixed analyst signal — Sanford C. Bernstein raised its price target to $725 but kept a “market perform” rating, a tempered view that limits some upside expectations even as other houses turn bullish. Quanta Services (NYSE:PWR) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Negative Sentiment: Insider selling — CAO Paul Nobel sold 4,000 shares (~33% of his holding) at about $757; while not unusual, the disclosure can prompt short?term selling or caution among some investors. 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.