Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in Quanta Services stock on May 14th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.
Quanta Services Trading Down 0.3%
Shares of NYSE:PWR traded down $2.40 on Tuesday, hitting $691.41. 1,128,677 shares of the company’s stock were exchanged, compared to its average volume of 1,125,449. Quanta Services, Inc. has a 12 month low of $341.93 and a 12 month high of $788.75. The business’s 50 day simple moving average is $664.38 and its two-hundred day simple moving average is $550.40. The stock has a market capitalization of $103.75 billion, a price-to-earnings ratio of 94.84, a price-to-earnings-growth ratio of 2.74 and a beta of 1.20. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09.
Quanta Services announced that its board has authorized a share repurchase program on Friday, May 22nd that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 0.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
Quanta Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, July 1st. Quanta Services’s dividend payout ratio is presently 6.04%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Sanford C. Bernstein lifted their target price on Quanta Services from $538.00 to $725.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Oppenheimer upgraded Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 price target on the stock in a research note on Thursday, May 28th. Truist Financial set a $851.00 price objective on shares of Quanta Services in a research note on Friday, May 1st. CICC Research initiated coverage on shares of Quanta Services in a research report on Thursday, May 21st. They set an “outperform” rating and a $872.00 target price on the stock. Finally, BNP Paribas Exane started coverage on shares of Quanta Services in a research report on Tuesday, April 14th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Quanta Services currently has an average rating of “Moderate Buy” and a consensus price target of $733.87.
Read Our Latest Stock Analysis on PWR
Insider Transactions at Quanta Services
In related news, CAO Paul Nobel sold 4,000 shares of Quanta Services stock in a transaction that occurred 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 $6,116,398.40. This trade represents a 33.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the transaction, the chief executive officer owned 16,508 shares in the company, valued at $12,722,880.68. The trade was a 61.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,992 shares of company stock worth $123,244,714 in the last 90 days. Insiders own 0.60% of the company’s stock.
Institutional Trading of Quanta Services
A number of institutional investors have recently modified their holdings of PWR. Cedar Mountain Advisors LLC boosted its stake in Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after acquiring an additional 45 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services in the 2nd quarter worth $26,000. Boreal Capital Management LLC purchased a new position in Quanta Services during the 1st quarter worth $27,000. Flagship Harbor Advisors LLC acquired a new position in Quanta Services during the 4th quarter valued at about $28,000. Finally, Cornerstone Planning Group LLC raised its stake in Quanta Services by 213.0% in the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after buying an additional 49 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
Quanta Services Company 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.
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