Dimensional Fund Advisors LP trimmed its position in Quanta Services, Inc. (NYSE:PWR – Free Report) by 21.2% in the 1st quarter, HoldingsChannel reports. The firm owned 514,382 shares of the construction company’s stock after selling 138,697 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Quanta Services were worth $282,361,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of PWR. Cedar Mountain Advisors LLC increased its holdings 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 buying an additional 45 shares during the period. Darwin Wealth Management LLC purchased a new position in Quanta Services during the 2nd quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in Quanta Services during the 4th quarter valued at approximately $28,000. MV Capital Management Inc. purchased a new stake in shares of Quanta Services in the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. increased its stake in shares of Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after acquiring an additional 51 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.
Quanta Services News Roundup
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Motley Fool argued that Quanta Services looks like a better buy than GE Vernova, saying Quanta’s business is still booming while its valuation appears more attractive relative to the peer. Article Title
- Positive Sentiment: Quanta was named the 2026 Top U.S. Solar Solutions Provider by Solar Power World for the third time in four years, reinforcing its leadership in renewable energy infrastructure and execution. Article Title
- Positive Sentiment: Zacks noted that Quanta outpaced the broader market and pointed to strong competitive positioning as customers pursue larger, more complex infrastructure projects. Article Title
- Neutral Sentiment: JPMorgan reiterated a neutral rating with a $714 price target, which suggests some upside but also reflects a more cautious stance on the shares. Read More: Read More.
- Neutral Sentiment: Yahoo Finance highlighted concerns that PWR may look expensive on cash flow and earnings, a reminder that valuation could limit further gains if growth slows. Article Title
- Negative Sentiment: Some commentary on GE Vernova’s valuation implied that Quanta may be a better alternative, but it also underscores that PWR itself is not cheap and may be vulnerable if investors rotate away from high-multiple infrastructure names. Article Title
Insider Activity at Quanta Services
Analyst Ratings Changes
Several brokerages recently issued reports on PWR. Mizuho set a $645.00 target price on shares of Quanta Services in a report on Monday. UBS Group increased their price target on Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Oppenheimer upgraded 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. Citigroup boosted their price objective on Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, TD Cowen upped their target price on Quanta Services from $570.00 to $775.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Quanta Services has a consensus rating of “Moderate Buy” and a consensus target price of $745.55.
Get Our Latest Report on Quanta Services
Quanta Services Stock Up 0.5%
PWR opened at $642.71 on Thursday. The company has a fifty day moving average of $695.36 and a two-hundred day moving average of $603.94. The stock has a market capitalization of $96.44 billion, a price-to-earnings ratio of 88.16, a PEG ratio of 2.52 and a beta of 1.21. Quanta Services, Inc. has a fifty-two week low of $363.01 and a fifty-two week high of $788.75. 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 – Get Free Report) last posted its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (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 business had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7 billion. During the same period in the prior year, the company posted $1.78 EPS. The company’s revenue for the quarter was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, research analysts expect that Quanta Services, Inc. will post 12.8 earnings per share for the current year.
Quanta Services declared that its board has initiated a stock buyback plan on Friday, May 22nd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the construction company to purchase up to 0.9% of its shares through open market purchases. Shares buyback plans are usually 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 was paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st were given 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 yield of 0.1%. Quanta Services’s dividend payout ratio is currently 6.04%.
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.
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