Pacer Advisors Inc. Has $4.13 Million Stake in Quanta Services, Inc. $PWR

Pacer Advisors Inc. decreased its position in Quanta Services, Inc. (NYSE:PWR) by 36.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,522 shares of the construction company’s stock after selling 4,274 shares during the quarter. Pacer Advisors Inc.’s holdings in Quanta Services were worth $4,130,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PWR. State Street Corp grew its position in Quanta Services by 2.1% in the fourth quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock worth $2,619,626,000 after acquiring an additional 126,014 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Quanta Services by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock valued at $1,718,371,000 after purchasing an additional 110,360 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Quanta Services by 5.4% in the 1st quarter. Bank of America Corp DE now owns 3,444,711 shares of the construction company’s stock valued at $1,891,215,000 after purchasing an additional 175,184 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Quanta Services by 35.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company’s stock valued at $1,230,493,000 after purchasing an additional 758,862 shares during the last quarter. Finally, Norges Bank bought a new stake in Quanta Services in the fourth quarter worth $817,285,000. Institutional investors own 90.49% of the company’s stock.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Quanta raised its 2026 revenue, earnings, adjusted EBITDA and free-cash-flow outlook after exceeding second-quarter expectations. Its record backlog points to sustained demand for power-grid, energy and data-center infrastructure. How Quanta’s Raised 2026 Outlook Could Reshape Its Growth Story Ahead
• Positive Sentiment: Recent acquisitions are expanding Quanta’s reach in power infrastructure and data centers, potentially increasing its addressable market as electricity demand accelerates. Is Quanta’s Raised 2026 Outlook Just the Start of a Bigger Story?
• Positive Sentiment: Analyst commentary remains supportive, including Truist’s reaffirmed Buy rating and Mizuho’s increased price target of $741. Other coverage highlights Quanta’s earnings growth, cash generation and favorable infrastructure trends. Mizuho Boosts Quanta Services Price Target
• Neutral Sentiment: Growth-focused analysis identifies PWR as a strong growth stock, supported by its operating momentum and backlog. However, these assessments are largely investor-style and factor-based rather than new company announcements. Here’s Why Quanta Services Is a Strong Growth Stock
• Negative Sentiment: Valuation remains the key concern. With PWR trading at a premium to relevant benchmarks, investors may demand continued earnings and cash-flow acceleration before pushing the shares higher. Is PWR a Buy Today as Growth Accelerates but Valuation Stays High
• Negative Sentiment: The stock has declined 11.7% over the past three months despite improving fundamentals, suggesting profit-taking, valuation concerns or high expectations are currently offsetting the favorable outlook. Why PWR Is Down 11.7% in Three Months

Quanta Services Stock Performance

PWR opened at $666.67 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average price is $676.08 and its two-hundred day moving average price is $620.04. The firm has a market capitalization of $100.23 billion, a P/E ratio of 76.37, a price-to-earnings-growth ratio of 2.25 and a beta of 1.23. Quanta Services, Inc. has a 12-month low of $363.01 and a 12-month high of $788.75.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, topping analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The company had revenue of $9.56 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the company earned $2.48 earnings per share. The company’s quarterly revenue was up 41.1% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, equities analysts forecast that Quanta Services, Inc. will post 15.33 earnings per share for the current year.

Quanta Services declared that its board has initiated a stock repurchase program on Friday, May 22nd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 0.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Quanta Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 13th. Investors 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 dividend payout ratio is presently 5.04%.

Analysts Set New Price Targets

PWR has been the topic of several recent research reports. TD Cowen raised their target price on Quanta Services from $775.00 to $785.00 and gave the company a “buy” rating in a report on Monday. CICC Research began coverage on Quanta Services in a research note on Thursday, May 21st. They set an “outperform” rating and a $872.00 price target for the company. Guggenheim raised Quanta Services from a “neutral” rating to a “buy” rating and set a $800.00 price objective on the stock in a report on Friday, July 31st. B. Riley Financial reissued a “neutral” rating on shares of Quanta Services in a research note on Friday, May 1st. Finally, BMO Capital Markets boosted their target price on Quanta Services from $650.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Twenty-one analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $767.21.

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.