National Pension Service Acquires 25,875 Shares of Quanta Services, Inc. $PWR

National Pension Service raised its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 9.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,932 shares of the construction company’s stock after buying an additional 25,875 shares during the quarter. National Pension Service owned about 0.21% of Quanta Services worth $224,604,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of PWR. Cedar Mountain Advisors LLC grew its position in Quanta Services by 321.4% in the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock worth $25,000 after purchasing an additional 45 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of Quanta Services in the second quarter valued at about $26,000. Boreal Capital Management LLC bought a new stake in shares of Quanta Services in the first quarter valued at about $27,000. MV Capital Management Inc. acquired a new stake in Quanta Services during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. increased its stake in Quanta Services by 221.7% during the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after acquiring an additional 51 shares during the period. Institutional investors own 90.49% of the company’s stock.

Analyst Ratings Changes

PWR has been the subject of a number of research reports. KeyCorp upgraded Quanta Services from a “sector weight” rating to an “overweight” rating and set a $807.00 price objective for the company in a research report on Friday, August 7th. Weiss Ratings lowered Quanta Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Robert W. Baird set a $728.00 target price on Quanta Services in a research report on Friday, July 31st. Wall Street Zen raised Quanta Services from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Finally, Raymond James Financial initiated coverage on shares of Quanta Services in a research note on Friday, July 31st. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $767.72.

Quanta Services Stock Performance

Quanta Services stock opened at $618.90 on Friday. The stock has a 50-day simple moving average of $646.13 and a 200 day simple moving average of $645.96. The stock has a market capitalization of $93.05 billion, a price-to-earnings ratio of 70.89, a P/E/G ratio of 2.05 and a beta of 1.20. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. Quanta Services, Inc. has a 12-month low of $373.39 and a 12-month high of $788.75.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, topping analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The firm had revenue of $9.56 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the prior year, the firm earned $2.48 EPS. 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, research analysts anticipate that Quanta Services, Inc. will post 15.35 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Thursday, October 1st will be issued a $0.11 dividend. The ex-dividend date is Thursday, October 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s dividend payout ratio (DPR) is currently 5.04%.

Quanta Services announced that its Board of Directors has approved a share repurchase program on Friday, May 22nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the construction company to repurchase up to 0.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Quanta Services Company Profile

Quanta Services, Inc is an infrastructure solutions provider serving the electric power, communications, pipeline, industrial and renewable energy industries. The company designs, installs, repairs and maintains infrastructure used to generate, transmit and distribute electricity, as well as systems that support telecommunications, natural gas and other energy-related activities.

Its services include engineering, procurement and construction; utility and substation work; transmission and distribution projects; storm restoration; fiber-optic and wireless network deployment; pipeline construction and maintenance; and development of renewable energy and energy storage infrastructure.