PensionDanmark Pensionsforsikringsaktieselskab Acquires 2,998 Shares of Quanta Services, Inc. $PWR

PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in Quanta Services, Inc. (NYSE:PWR) by 13.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 24,618 shares of the construction company’s stock after buying an additional 2,998 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Quanta Services were worth $17,726,000 at the end of the most recent quarter.

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

Quanta Services Price Performance

Shares of NYSE PWR opened at $671.64 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.10. The firm has a fifty day moving average of $675.30 and a 200 day moving average of $620.40. The firm has a market cap of $100.97 billion, a PE ratio of 76.93, a PEG ratio of 2.20 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.

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

Quanta Services announced that its Board of Directors has initiated a share buyback program on Friday, May 22nd that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 0.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date was Wednesday, July 1st. Quanta Services’s payout ratio is 5.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Jefferies Financial Group lowered their price target on shares of Quanta Services from $857.00 to $784.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Weiss Ratings upgraded shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. UBS Group initiated coverage on shares of Quanta Services in a research note on Friday, July 31st. They set a “buy” rating on the stock. Benchmark cut Quanta Services to a “sell” rating in a research report on Friday, July 31st. Finally, B. Riley Financial restated a “neutral” rating on shares of Quanta Services in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $767.21.

Quanta Services News Summary

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

• Positive Sentiment: Analyst upgrade: Zacks Research upgraded Quanta Services from “hold” to “strong-buy,” adding a potential catalyst for the stock. Zacks.com
• Positive Sentiment: Higher 2026 outlook: Coverage highlights Quanta’s raised full-year revenue, earnings, adjusted EBITDA and free-cash-flow forecasts following better-than-expected second-quarter results. The company’s 2026 EPS guidance is $16.45-$16.95. How Quanta’s Raised 2026 Outlook Could Reshape Its Growth Story Ahead
• Positive Sentiment: Secular demand remains strong: Analysts point to power-generation investment, record backlog and expanding infrastructure needs from utilities, power projects and data centers. Acquisitions are also broadening Quanta’s reach in these markets. Is Quanta’s Raised 2026 Outlook Just the Start of a Bigger Story?
• Positive Sentiment: Growth profile attracts investors: Zacks commentary cites accelerating earnings, rising cash generation and strong growth characteristics, while separate analyst coverage remains bullish on PWR among industrial-goods stocks. 3 Reasons Growth Investors Will Love Quanta Services
• Neutral Sentiment: Comparisons with construction-sector peers suggest Quanta’s performance is being evaluated against broader industry trends; the coverage does not identify a new company-specific operational issue. Are Construction Stocks Lagging Quanta Services?
• Negative Sentiment: Valuation is a risk: Despite strong growth and infrastructure demand, PWR trades at a premium valuation, which could limit upside or increase volatility if growth expectations weaken. Is PWR a Buy Today as Growth Accelerates but Valuation Stays High

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.