Mattson Financial Services LLC Sells 1,634 Shares of Quanta Services, Inc. $PWR

Mattson Financial Services LLC lowered its holdings in Quanta Services, Inc. (NYSE:PWR) by 23.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,337 shares of the construction company’s stock after selling 1,634 shares during the period. Mattson Financial Services LLC’s holdings in Quanta Services were worth $2,253,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of PWR. Cedar Mountain Advisors LLC raised its holdings in Quanta Services by 321.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after acquiring an additional 45 shares during the period. Darwin Wealth Management LLC bought a new position in shares of Quanta Services in the second quarter worth $26,000. Flagship Harbor Advisors LLC purchased a new position in shares of Quanta Services in the fourth quarter valued at $28,000. Meeder Asset Management Inc. raised its stake in shares of Quanta Services by 221.7% during the 4th quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after purchasing an additional 51 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Quanta Services by 266.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 77 shares of the construction company’s stock worth $32,000 after purchasing an additional 56 shares in the last quarter. 90.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on PWR shares. CICC Research assumed coverage on Quanta Services in a research report on Thursday, May 21st. They set an “outperform” rating and a $872.00 price target on the stock. Zacks Research upgraded shares of Quanta Services from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. TD Cowen raised their price target on shares of Quanta Services from $570.00 to $775.00 and gave the company a “buy” rating in a report on Monday, May 4th. Truist Financial set a $851.00 price target on shares of Quanta Services in a report on Friday, May 1st. Finally, Citigroup lifted their price objective on Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Quanta Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $733.87.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Market commentary highlights Quanta as an AI infrastructure beneficiary, with analysts and strategists pointing to its exposure to power-grid expansion, data-center electrical work, and other secular demand drivers. Barron’s article
• Positive Sentiment: Recent articles note a record backlog and strong earnings momentum, suggesting revenue visibility remains strong and the company may be well positioned for the next growth cycle. Yahoo Finance article
• Positive Sentiment: Multiple bullish write-ups and stock-picking pieces continue to frame PWR as a high-quality growth name, reinforcing investor optimism around its earnings power and long-term infrastructure demand. MarketBeat article
• Neutral Sentiment: Some recent coverage focuses on valuation and insider selling, which may temper enthusiasm even as the company’s fundamentals remain strong. Quiver Quantitative article
• Neutral Sentiment: Quanta’s strong earnings and raised guidance from its latest quarter continue to support the stock, but those results are already well known and may be limiting near-term upside unless new catalysts emerge. Insider Monkey article

Quanta Services Price Performance

PWR stock opened at $683.85 on Friday. The firm has a 50 day simple moving average of $672.27 and a two-hundred day simple moving average of $555.48. The stock has a market cap of $102.62 billion, a PE ratio of 93.81, a P/E/G ratio of 2.56 and a beta of 1.20. Quanta Services, Inc. has a one year low of $349.06 and a one year high of $788.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating 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 firm had revenue of $7.87 billion for the quarter, compared to analysts’ expectations of $7 billion. During the same quarter last year, the company posted $1.78 EPS. The business’s quarterly revenue 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, analysts predict that Quanta Services, Inc. will post 12.81 EPS for the current fiscal year.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s payout ratio is 6.04%.

Quanta Services declared that its Board of Directors has initiated a share 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 repurchase up to 0.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity

In other news, CAO Paul Nobel sold 4,000 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the transaction, the chief accounting officer directly owned 8,080 shares in the company, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Earl C. Jr. Austin sold 130,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $770.65, for a total value of $100,184,500.00. Following the completion of the sale, the chief executive officer owned 556,911 shares of the company’s stock, valued at $429,183,462.15. The trade was a 18.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,992 shares of company stock worth $123,244,714 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

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.