Pacer Advisors Inc. Has $4.13 Million Stock Position in Quanta Services, Inc. $PWR

Pacer Advisors Inc. lowered its position in Quanta Services, Inc. (NYSE:PWR) by 36.2% in the first quarter, Holdings Channel.com reports. The fund owned 7,522 shares of the construction company’s stock after selling 4,274 shares during the period. Pacer Advisors Inc.’s holdings in Quanta Services were worth $4,130,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new position in shares of Quanta Services in the fourth quarter valued at $817,285,000. Victory Capital Management Inc. boosted its stake 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 worth $1,230,493,000 after buying an additional 758,862 shares in the last quarter. Corient Private Wealth LLC increased its holdings in Quanta Services by 137.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company’s stock valued at $486,065,000 after buying an additional 667,050 shares during the period. Sands Capital Management LLC acquired a new position in shares of Quanta Services in the 4th quarter valued at $243,485,000. Finally, Select Equity Group L.P. lifted its holdings in shares of Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock worth $384,554,000 after acquiring an additional 416,395 shares during the period. 90.49% of the stock is currently owned by institutional investors.

Quanta Services Stock Down 2.4%

Shares of PWR opened at $666.67 on Friday. The company has a market capitalization of $100.23 billion, a P/E ratio of 76.37, a PEG ratio of 2.25 and a beta of 1.23. Quanta Services, Inc. has a one year low of $363.01 and a one year high of $788.75. The business’s 50 day simple moving average is $676.08 and its 200-day simple moving average 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.

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

Quanta Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Wednesday, July 1st were issued 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 of this dividend was Wednesday, July 1st. Quanta Services’s payout ratio 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 outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 0.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have recently weighed in on PWR shares. Deutsche Bank Aktiengesellschaft lowered shares of Quanta Services to a “sell” rating in a research report on Friday, July 31st. BNP Paribas Exane initiated coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They set a “neutral” rating for the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $748.00 price objective on shares of Quanta Services in a report on Friday, July 31st. Zacks Research lowered Quanta Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, KeyCorp raised Quanta Services to an “overweight” rating and set a $807.00 target price for the company in a report on Friday. Twenty-one equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $767.21.

Key Headlines Impacting Quanta Services

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 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.