Groupe la Francaise Has $51.02 Million Position in Quanta Services, Inc. $PWR

Groupe la Francaise lifted its holdings in Quanta Services, Inc. (NYSE:PWR) by 27.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,919 shares of the construction company’s stock after buying an additional 20,280 shares during the period. Groupe la Francaise’s holdings in Quanta Services were worth $51,016,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. State Street Corp lifted its stake in 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 in the last quarter. Geode Capital Management LLC grew its stake in Quanta Services by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock valued at $1,718,371,000 after acquiring an additional 110,360 shares in the last quarter. Bank of America Corp DE grew its stake in Quanta Services by 5.4% during the 1st quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company’s stock valued at $1,891,215,000 after acquiring an additional 175,184 shares in the last quarter. Victory Capital Management Inc. increased its holdings 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 valued at $1,230,493,000 after purchasing an additional 758,862 shares during the period. Finally, Norges Bank purchased a new stake in shares of Quanta Services in the fourth quarter worth approximately $817,285,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

More Quanta Services News

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

• Positive Sentiment: Q2 results significantly beat expectations. Quanta reported $9.56 billion in revenue, up 41.1% year over year, versus the $8.61 billion consensus estimate. Adjusted diluted EPS was $4.24, well above estimates near $3.30 and up from $2.48 a year earlier. Quanta Services Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised full-year 2026 guidance across key metrics. The company now expects adjusted EPS of $16.45-$16.95 and revenue of $39.3-$39.7 billion, above consensus forecasts of approximately $13.78 EPS and $35.0 billion in revenue. Quanta Projects 2026 Revenue as Backlog Supports Raised Outlook
• Positive Sentiment: Record backlog improves revenue visibility. Total backlog reached $53.4 billion, including $33.6 billion of remaining performance obligations, supporting management’s more confident outlook and signaling sustained demand for power and infrastructure projects.
• Positive Sentiment: Cash generation was robust. Quanta produced $1.1 billion in operating cash flow and $0.9 billion in free cash flow during the quarter, while adjusted EBITDA reached $1.1 billion. These results provide additional financial flexibility to fund growth and capital returns. Quanta Services Posts Record Q2 Results and Boosts Outlook
• Neutral Sentiment: Valuation remains demanding. Following the rally, PWR trades at roughly 90 times earnings based on the provided data, leaving the stock sensitive to any slowdown in backlog conversion, project execution, or future guidance.

Insider Buying and Selling at Quanta Services

In related news, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer directly owned 8,080 shares in the company, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the transaction, the chief executive officer directly owned 16,508 shares in the company, valued at $12,722,880.68. The trade was a 61.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 159,992 shares of company stock valued at $123,244,714. 0.60% of the stock is owned by company insiders.

Quanta Services Trading Up 17.5%

Shares of NYSE PWR opened at $659.11 on Friday. The business has a 50 day simple moving average of $681.24 and a 200 day simple moving average of $611.83. Quanta Services, Inc. has a 52 week low of $363.01 and a 52 week high of $788.75. The stock has a market cap of $98.91 billion, a price-to-earnings ratio of 90.41, a PEG ratio of 2.21 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.93. The firm had revenue of $9.56 billion for the quarter, compared to analyst estimates of $8.61 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The company’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.48 earnings per share. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, research analysts predict that Quanta Services, Inc. will post 12.8 earnings per share for the current fiscal year.

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

Quanta Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.11 per share. The ex-dividend date 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 (DPR) is currently 6.04%.

Analysts Set New Price Targets

Several analysts recently commented on PWR shares. B. Riley Financial restated a “neutral” rating on shares of Quanta Services in a report on Friday, May 1st. Cantor Fitzgerald upped their price objective on shares of Quanta Services from $630.00 to $901.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Truist Financial lifted their target price on shares of Quanta Services from $851.00 to $940.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. BMO Capital Markets boosted their price target on shares of Quanta Services from $650.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Finally, Sanford C. Bernstein upped their price target on shares of Quanta Services from $538.00 to $725.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Quanta Services presently has a consensus rating of “Moderate Buy” and an average price target of $745.55.

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.