Illinois Municipal Retirement Fund Has $1.30 Million Holdings in Quanta Services, Inc. $PWR

Illinois Municipal Retirement Fund trimmed its holdings in shares of Quanta Services, Inc. (NYSE:PWR) by 35.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,366 shares of the construction company’s stock after selling 1,322 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Quanta Services were worth $1,299,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Cedar Mountain Advisors LLC grew its position in shares of Quanta Services by 321.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock worth $25,000 after purchasing an additional 45 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the fourth quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new stake in shares of Quanta Services in the second quarter valued at approximately $26,000. MV Capital Management Inc. acquired a new stake in Quanta Services during the fourth quarter worth approximately $30,000. Finally, Brown Lisle Cummings Inc. increased its stake in Quanta Services by 825.0% during the 1st quarter. Brown Lisle Cummings Inc. now owns 74 shares of the construction company’s stock worth $41,000 after acquiring an additional 66 shares during the period. Institutional investors own 90.49% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on PWR shares. Jefferies Financial Group dropped their price objective on Quanta Services from $857.00 to $784.00 and set a “buy” rating for the company in a report on Friday, July 10th. Evercore raised their price target on Quanta Services from $635.00 to $800.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Wall Street Zen raised Quanta Services from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Robert W. Baird increased their price objective on shares of Quanta Services from $606.00 to $777.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, UBS Group raised their target price on shares of Quanta Services from $646.00 to $900.00 and gave the company a “buy” rating in a report on Monday, May 4th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $745.55.

Insider Buying and Selling

In related news, CEO Earl C. Jr. Austin sold 25,992 shares of Quanta Services stock in a transaction that occurred 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 sale, the chief executive officer directly owned 16,508 shares of the company’s stock, valued at approximately $12,722,880.68. The trade was a 61.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $3,027,920.00. Following the transaction, the chief accounting officer owned 8,080 shares of the company’s stock, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 159,992 shares of company stock worth $123,244,714. 0.60% of the stock is currently owned by corporate insiders.

Quanta Services Trading Up 0.5%

Shares of PWR opened at $642.71 on Thursday. Quanta Services, Inc. has a 52-week low of $363.01 and a 52-week high of $788.75. The business’s fifty day moving average is $695.36 and its 200-day moving average is $603.94. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The firm has a market cap of $96.44 billion, a price-to-earnings ratio of 88.16, a PEG ratio of 2.52 and a beta of 1.21.

Quanta Services (NYSE:PWR) last announced 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. The business had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.Quanta Services’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Equities analysts anticipate that Quanta Services, Inc. will post 12.8 EPS for the current fiscal year.

Quanta Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s dividend payout ratio is 6.04%.

Quanta Services announced that its board has authorized a stock buyback plan on Friday, May 22nd that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the construction company to reacquire up to 0.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Quanta Services News Roundup

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

• Positive Sentiment: Motley Fool argued that Quanta Services looks like a better buy than GE Vernova, saying Quanta’s business is still booming while its valuation appears more attractive relative to the peer. Article Title
• Positive Sentiment: Quanta was named the 2026 Top U.S. Solar Solutions Provider by Solar Power World for the third time in four years, reinforcing its leadership in renewable energy infrastructure and execution. Article Title
• Positive Sentiment: Zacks noted that Quanta outpaced the broader market and pointed to strong competitive positioning as customers pursue larger, more complex infrastructure projects. Article Title
• Neutral Sentiment: JPMorgan reiterated a neutral rating with a $714 price target, which suggests some upside but also reflects a more cautious stance on the shares. Read More: Read More.
• Neutral Sentiment: Yahoo Finance highlighted concerns that PWR may look expensive on cash flow and earnings, a reminder that valuation could limit further gains if growth slows. Article Title
• Negative Sentiment: Some commentary on GE Vernova’s valuation implied that Quanta may be a better alternative, but it also underscores that PWR itself is not cheap and may be vulnerable if investors rotate away from high-multiple infrastructure names. Article Title

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.