Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in Quanta Services stock on May 13th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
- Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
- Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.
Quanta Services Stock Down 0.3%
PWR traded down $2.40 during trading on Tuesday, hitting $691.41. The company had a trading volume of 1,128,677 shares, compared to its average volume of 1,125,449. The company has a market capitalization of $103.75 billion, a PE ratio of 94.84, a PEG ratio of 2.74 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. Quanta Services, Inc. has a one year low of $341.93 and a one year high of $788.75. The firm’s 50-day moving average price is $664.38 and its 200 day moving average price is $550.40.
Quanta Services Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, July 1st. Quanta Services’s dividend payout ratio is 6.04%.
Quanta Services announced that its Board of Directors has initiated a stock buyback program on Friday, May 22nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the construction company to buy up to 0.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.
Insider Activity
In other news, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $756.98, for a total value of $3,027,920.00. Following the completion of the transaction, the chief accounting officer owned 8,080 shares of the company’s stock, valued at $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the transaction, the chief executive officer directly owned 16,508 shares of the company’s stock, valued at $12,722,880.68. The trade was a 61.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 159,992 shares of company stock worth $123,244,714. Company insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PWR. Cedar Mountain Advisors LLC raised its position in shares of Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after buying an additional 45 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in Quanta Services in the second quarter valued at about $26,000. Boreal Capital Management LLC bought a new stake in shares of Quanta Services during the 1st quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new stake in shares of Quanta Services during the fourth quarter worth $28,000. Finally, Cornerstone Planning Group LLC grew its position in Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after acquiring an additional 49 shares during the last quarter. 90.49% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have commented on the stock. UBS Group boosted their price target on shares of Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price target on Quanta Services from $627.00 to $805.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. DA Davidson increased their price objective on Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Wall Street Zen raised shares of Quanta Services from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Cantor Fitzgerald boosted their price objective on shares of Quanta Services from $630.00 to $901.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $733.87.
Read Our Latest Stock Analysis on Quanta Services
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
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.
See Also
- Five stocks we like better than Quanta Services
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Quanta Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quanta Services and related companies with MarketBeat.com's FREE daily email newsletter.
