Gradient Investments LLC Reduces Stock Position in Quanta Services, Inc. $PWR

Gradient Investments LLC lessened its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 11.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,518 shares of the construction company’s stock after selling 5,868 shares during the period. Gradient Investments LLC’s holdings in Quanta Services were worth $32,055,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PWR. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Quanta Services by 14.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,655 shares of the construction company’s stock worth $1,192,000 after buying an additional 205 shares during the period. Sprinkle Financial Consultants LLC purchased a new position in shares of Quanta Services during the second quarter valued at approximately $223,000. Abner Herrman & Brock LLC raised its holdings in shares of Quanta Services by 4.6% during the second quarter. Abner Herrman & Brock LLC now owns 20,482 shares of the construction company’s stock valued at $14,748,000 after acquiring an additional 906 shares in the last quarter. TrueWealth Advisors LLC lifted its stake in Quanta Services by 4.8% in the second quarter. TrueWealth Advisors LLC now owns 1,361 shares of the construction company’s stock worth $980,000 after acquiring an additional 62 shares during the period. Finally, Cooper Financial Group bought a new stake in Quanta Services in the second quarter valued at $1,151,000. Institutional investors own 90.49% of the company’s stock.

Quanta Services Stock Performance

Quanta Services stock opened at $671.64 on Friday. Quanta Services, Inc. has a twelve month low of $363.01 and a twelve month high of $788.75. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $100.97 billion, a P/E ratio of 76.93, a PEG ratio of 2.20 and a beta of 1.23. The stock’s 50 day moving average is $675.30 and its 200 day moving average is $620.40.

Quanta Services (NYSE:PWR) last released its earnings results 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 return on equity of 20.55% and a net margin of 4.03%.The business had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the previous year, the company posted $2.48 earnings per share. The company’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. On average, equities research analysts predict that Quanta Services, Inc. will post 15.33 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Wednesday, July 1st were paid a $0.11 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. Quanta Services’s payout ratio is presently 5.04%.

Quanta Services declared that its Board of Directors has initiated a stock repurchase program on Friday, May 22nd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the construction company to purchase up to 0.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have issued reports on PWR. Cantor Fitzgerald started coverage on shares of Quanta Services in a research report on Friday, July 31st. They set an “outperform” rating on the stock. Citigroup raised their target price on shares of Quanta Services from $837.00 to $871.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. B. Riley Financial reiterated a “neutral” rating on shares of Quanta Services in a research report on Friday, May 1st. Argus set a $800.00 price target on shares of Quanta Services in a research note on Wednesday. Finally, BTIG Research lowered shares of Quanta Services to a “hold” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $767.21.

Trending Headlines about 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 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.