Quanta Services, Inc. $PWR Shares Sold by Sarasin & Partners LLP

Sarasin & Partners LLP lessened its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 18.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,775 shares of the construction company’s stock after selling 37,972 shares during the period. Quanta Services accounts for approximately 1.4% of Sarasin & Partners LLP’s holdings, making the stock its 26th biggest position. Sarasin & Partners LLP owned 0.11% of Quanta Services worth $118,645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bartlett & CO. Wealth Management LLC boosted its position in Quanta Services by 2.6% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 513 shares of the construction company’s stock valued at $282,000 after purchasing an additional 13 shares during the period. Pincus Capital Management LP lifted its stake in Quanta Services by 0.4% in the first quarter. Pincus Capital Management LP now owns 3,690 shares of the construction company’s stock valued at $2,026,000 after buying an additional 15 shares during the last quarter. SouthState Bank Corp boosted its holdings in shares of Quanta Services by 23.5% during the first quarter. SouthState Bank Corp now owns 84 shares of the construction company’s stock valued at $46,000 after acquiring an additional 16 shares during the period. Lewis Asset Management LLC grew its position in shares of Quanta Services by 2.5% during the first quarter. Lewis Asset Management LLC now owns 692 shares of the construction company’s stock worth $380,000 after acquiring an additional 17 shares during the last quarter. Finally, Stiles Financial Services Inc grew its position in shares of Quanta Services by 1.8% during the first quarter. Stiles Financial Services Inc now owns 987 shares of the construction company’s stock worth $542,000 after acquiring an additional 17 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services News Roundup

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

• Positive Sentiment: Quanta raised its 2026 revenue, earnings, adjusted EBITDA and free-cash-flow outlook after exceeding second-quarter expectations. Its record backlog points to sustained demand for power-grid, energy and data-center infrastructure. How Quanta’s Raised 2026 Outlook Could Reshape Its Growth Story Ahead
• Positive Sentiment: Recent acquisitions are expanding Quanta’s reach in power infrastructure and data centers, potentially increasing its addressable market as electricity demand accelerates. Is Quanta’s Raised 2026 Outlook Just the Start of a Bigger Story?
• Positive Sentiment: Analyst commentary remains supportive, including Truist’s reaffirmed Buy rating and Mizuho’s increased price target of $741. Other coverage highlights Quanta’s earnings growth, cash generation and favorable infrastructure trends. Mizuho Boosts Quanta Services Price Target
• Neutral Sentiment: Growth-focused analysis identifies PWR as a strong growth stock, supported by its operating momentum and backlog. However, these assessments are largely investor-style and factor-based rather than new company announcements. Here’s Why Quanta Services Is a Strong Growth Stock
• Negative Sentiment: Valuation remains the key concern. With PWR trading at a premium to relevant benchmarks, investors may demand continued earnings and cash-flow acceleration before pushing the shares higher. Is PWR a Buy Today as Growth Accelerates but Valuation Stays High
• Negative Sentiment: The stock has declined 11.7% over the past three months despite improving fundamentals, suggesting profit-taking, valuation concerns or high expectations are currently offsetting the favorable outlook. Why PWR Is Down 11.7% in Three Months

Quanta Services Trading Down 2.4%

Quanta Services stock opened at $666.67 on Friday. Quanta Services, Inc. has a one year low of $363.01 and a one year high of $788.75. The company’s fifty day moving average price is $676.08 and its two-hundred day moving average price is $620.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. The company has a market capitalization of $100.23 billion, a price-to-earnings ratio of 76.37, a PEG ratio of 2.25 and a beta of 1.23.

Quanta Services (NYSE:PWR) last announced its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The firm had revenue of $9.56 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter in the prior year, the business earned $2.48 earnings per share. The company’s revenue was up 41.1% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, analysts forecast that Quanta Services, Inc. will post 15.33 earnings per share for the current fiscal year.

Quanta Services announced that its board has authorized a stock repurchase 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 stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.11 per share. The ex-dividend date of this dividend 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 is currently 5.04%.

Analysts Set New Price Targets

Several analysts recently commented on PWR shares. BTIG Research cut Quanta Services to a “hold” rating in a research report on Friday, July 31st. BNP Paribas Exane assumed coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft downgraded Quanta Services to a “sell” rating in a report on Friday, July 31st. Oppenheimer raised shares of Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 price objective for the company in a research note on Thursday, May 28th. Finally, UBS Group initiated coverage on Quanta Services in a research note on Friday, July 31st. They set a “buy” rating on the stock. Twenty-one analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $767.21.

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.