Insider Selling: Quanta Services (NYSE:PWR) CAO Sells 4,000 Shares of Stock

Quanta Services, Inc. (NYSE:PWR) CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction on 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 owned 8,080 shares of the company’s stock, valued at $6,116,398.40. This trade represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Quanta Services Trading Up 1.9%

Shares of NYSE:PWR traded up $14.78 on Wednesday, hitting $786.39. The company had a trading volume of 1,210,274 shares, compared to its average volume of 1,110,516. The firm’s 50-day simple moving average is $583.37 and its two-hundred day simple moving average is $500.88. Quanta Services, Inc. has a 1 year low of $315.45 and a 1 year 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 price-to-earnings ratio of 107.87, a P/E/G ratio of 2.79 and a beta of 1.24.

Quanta Services (NYSE:PWR) last posted its earnings results on Thursday, April 30th. The construction company reported $2.68 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 analysts’ expectations of $7 billion. During the same period last year, the company posted $1.78 EPS. 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. Equities analysts anticipate that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd were paid 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 was Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is presently 6.04%.

Hedge Funds Weigh In On Quanta Services

Several hedge funds and other institutional investors have recently modified their holdings 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 purchasing an additional 386,937 shares during the period. State Street Corp lifted its position in Quanta Services by 2.1% during the fourth quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock valued at $2,619,626,000 after purchasing an additional 126,014 shares in the last quarter. Geode Capital Management LLC grew its holdings in Quanta Services by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock valued at $1,718,371,000 after purchasing an additional 110,360 shares during the period. Bank of America Corp DE grew its holdings in Quanta Services by 35.6% during the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock valued at $1,208,672,000 after purchasing an additional 765,822 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Quanta Services by 35.2% during the fourth 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. 90.49% of the stock is owned by institutional investors.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Company raised its 2026 outlook and flagged a record infrastructure backlog, driving a big stock move as investors price in stronger revenue visibility and growth. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog – What’s Changed
• Positive Sentiment: Analysts and research pieces highlight Quanta’s record $48.5B backlog and supply-chain investments as supporting another growth leg and better revenue visibility for 2026. Can Quanta’s Record $48.5B Backlog Support Another Growth Leg in 2026?
• Positive Sentiment: Jefferies bumped its price target to $857 and kept a Buy rating, signaling meaningful upside in the view of a major broker — supportive for sentiment and upside momentum. Jefferies Adjusts Price Target on Quanta Services to $857
• Positive Sentiment: TD Cowen reiterated/kept a Buy rating and issued a positive forecast, reinforcing institutional support and helping sustain buying interest. TD Cowen Keeps Their Buy Rating on Quanta Services (PWR)
• Positive Sentiment: Industry and thematic pieces (energy demand and AI capex) point to structural tailwinds: more data centers, grid upgrades and substation work should benefit Quanta’s service backlog and margins over time. The Smartest Energy Stocks to Buy With $1,000 Right Now
• Positive Sentiment: Analysis arguing that AI capex shifts the bottleneck to power equipment reinforces Quanta’s long-term addressable market in substations, transformers and grid buildouts. The Real AI Trade May Not Be Software. It May Be Power Equipment
• Neutral Sentiment: Sector/peer news: Construction Partners (ROAD) earnings cadence and results are being watched as a bellwether for the broader construction/services space; relevant but indirect for Quanta’s near-term stock moves. Construction Partners to Report Q2 Earnings: What to Expect?
• Negative Sentiment: Sanford C. Bernstein raised its price target to $725 but maintained a Market Perform rating, implying limited near-term upside (their target sits modestly below some trading levels) — a cautionary note for investors chasing momentum. Bernstein Adjusts PT on Quanta Services to $725 from $538, Maintains Market Perform Rating

Analyst Ratings Changes

A number of research firms have recently commented on PWR. Citigroup raised their target price on Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a research note on Monday, April 27th. UBS Group raised their target price on Quanta Services from $646.00 to $900.00 and gave the company a “buy” rating in a research note on Monday. Jefferies Financial Group raised their target price on Quanta Services from $654.00 to $857.00 and gave the company a “buy” rating in a research note on Monday. Stifel Nicolaus set a $784.00 price objective on Quanta Services in a research note on Friday, May 1st. Finally, B. Riley Financial reiterated a “neutral” rating on shares of Quanta Services in a research note on Friday, May 1st. Eighteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Quanta Services has an average rating of “Moderate Buy” and a consensus target price of $695.73.

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.