Mitsubishi UFJ Asset Management Co. Ltd. Purchases 17,252 Shares of Quanta Services, Inc. $PWR

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Quanta Services, Inc. (NYSE:PWR) by 5.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 312,254 shares of the construction company’s stock after buying an additional 17,252 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Quanta Services were worth $137,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of PWR. Bank of America Corp DE grew its position in shares of Quanta Services by 35.6% in the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock valued at $1,208,672,000 after acquiring an additional 765,822 shares during the period. Select Equity Group L.P. lifted its stake 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 buying an additional 416,395 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after buying an additional 386,937 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Quanta Services by 29.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company’s stock worth $342,428,000 after buying an additional 189,134 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Quanta Services by 29.9% during the 3rd quarter. First Trust Advisors LP now owns 812,748 shares of the construction company’s stock worth $336,819,000 after buying an additional 186,857 shares during the last quarter. Institutional investors own 90.49% of the company’s stock.

More Quanta Services News

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

• Positive Sentiment: Company raised its 2026 outlook citing a record infrastructure backlog — the primary catalyst behind the rally as investors see stronger revenue and earnings visibility. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog – What’s Changed
• Positive Sentiment: Record $48.5B Q1 backlog and supply‑chain investments boost revenue visibility and underpin expectations for another growth leg in 2026. Can Quanta’s Record $48.5B Backlog Support Another Growth Leg in 2026?
• Positive Sentiment: Jefferies raised its price target to $857 and maintains a buy rating, adding bullish analyst support that can attract more demand. Jefferies Adjusts Price Target on Quanta Services to $857
• Positive Sentiment: TD Cowen and other firms are maintaining positive coverage and forecasts, supporting sentiment among institutional investors. TD Cowen Keeps Their Buy Rating on Quanta Services (PWR)
• Neutral Sentiment: Coverage in retail investor and sector pieces highlights Quanta as a beneficiary of rising energy and AI-related power buildouts — supportive thematic tailwinds but less directly catalytic than company guidance. The Smartest Energy Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Industry analysis points to AI and data-center buildouts increasing demand for power infrastructure — a longer-term positive for Quanta but not an immediate earnings event. The Real AI Trade May Not Be Software. It May Be Power Equipment
• Neutral Sentiment: Sanford C. Bernstein raised its price target to $725 but kept a “market perform” rating — a mixed signal that tempers some upside expectations. Bernstein Adjusts PT on Quanta Services to $725
• Negative Sentiment: Insider sale — CAO Paul Nobel sold 4,000 shares (~33% reduction of his holding), which may prompt some investor caution though insider sales can be routine and were disclosed to the SEC. SEC Filing: Form 4 – Insider Sale

Analyst Ratings Changes

A number of analysts have recently issued reports on PWR shares. Jefferies Financial Group raised their target price on shares of Quanta Services from $654.00 to $857.00 and gave the stock a “buy” rating in a research note on Monday. Citigroup raised their target price on shares of Quanta Services from $640.00 to $733.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Quanta Services in a research note on Friday, April 10th. Cantor Fitzgerald raised their target price on shares of Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Finally, Evercore raised their target price on shares of Quanta Services from $635.00 to $800.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Eighteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $695.73.

Quanta Services Price Performance

Shares of Quanta Services stock opened at $786.39 on Thursday. Quanta Services, Inc. has a twelve month low of $315.45 and a twelve month high of $788.75. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The company has a 50-day simple moving average of $588.11 and a two-hundred day simple moving average of $503.33. The stock has a market capitalization of $118.01 billion, a price-to-earnings ratio of 107.87, a price-to-earnings-growth ratio of 2.84 and a beta of 1.24.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share 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 during the quarter, compared to analysts’ expectations of $7 billion. During the same quarter in the previous year, the company earned $1.78 EPS. The business’s 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. Analysts forecast that Quanta Services, Inc. will post 11.97 EPS for the current year.

Quanta Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were paid a $0.11 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s payout ratio is 6.04%.

Insiders Place Their Bets

In other Quanta Services news, CAO Paul Nobel sold 4,000 shares of Quanta Services stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $756.98, for a total value of $3,027,920.00. Following the completion of the sale, the chief accounting officer owned 8,080 shares in the company, valued at $6,116,398.40. The trade was a 33.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

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.