Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Quanta Services, Inc. (NYSE:PWR)

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $15,001–$50,000 of Quanta Services (NYSE:PWR) on August 27, according to a September 10 disclosure. He also bought shares of Eaton while selling positions in DoorDash, NIKE, Phreesia and Lamar Advertising.
• Quanta Services reported strong quarterly results, with EPS of $4.24 versus the $3.31 consensus and revenue of $9.56 billion, up 41.1% year over year. The company authorized a $1 billion share-repurchase program and declared a quarterly dividend of $0.11 per share.
• PWR shares were recently trading near $650, while analysts maintained a “Moderate Buy” consensus with an average price target of $767.72; however, Benchmark downgraded the stock to “sell.”

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Quanta Services stock on August 27th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Eaton NYSE: ETN on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/24/2026.

Quanta Services Stock Up 5.1%

NYSE:PWR opened at $649.99 on Friday. The company's 50-day simple moving average is $645.78 and its 200-day simple moving average is $645.99. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.10. Quanta Services, Inc. has a fifty-two week low of $373.39 and a fifty-two week high of $788.75. The stock has a market capitalization of $97.72 billion, a P/E ratio of 74.46, a P/E/G ratio of 2.03 and a beta of 1.20.

Quanta Services (NYSE:PWR - Get Free Report) last posted its earnings results on Thursday, July 30th. The construction company reported $4.24 EPS for the quarter, beating analysts' consensus estimates of $3.31 by $0.93. The company had revenue of $9.56 billion during the quarter, compared to analysts' expectations of $8.61 billion. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. Quanta Services's revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.48 earnings per share. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, equities analysts anticipate that Quanta Services, Inc. will post 15.35 earnings per share for the current fiscal year.

Quanta Services announced that its board has authorized a share repurchase plan on Friday, May 22nd that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Quanta Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 1st. Quanta Services's dividend payout ratio is presently 5.04%.

Institutional Investors Weigh In On Quanta Services

Several hedge funds have recently modified their holdings of the company. Cedar Mountain Advisors LLC boosted its position in Quanta Services by 321.4% during the fourth 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. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services in the second quarter valued at about $26,000. Boreal Capital Management LLC purchased a new stake in shares of Quanta Services during the first quarter worth about $27,000. MV Capital Management Inc. purchased a new stake in shares of Quanta Services during the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. raised its position 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 worth $31,000 after purchasing an additional 51 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on PWR shares. Benchmark downgraded Quanta Services to a "sell" rating in a research note on Friday, July 31st. UBS Group reiterated a "buy" rating on shares of Quanta Services in a research note on Monday, August 17th. Oppenheimer upgraded Quanta Services from a "market perform" rating to an "outperform" rating and set a $800.00 price target on the stock in a research note on Thursday, May 28th. Piper Sandler assumed coverage on shares of Quanta Services in a report on Tuesday. They set an "overweight" rating and a $731.00 price objective on the stock. Finally, Argus set a $800.00 price objective on shares of Quanta Services in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $767.72.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider serving the electric power, communications, pipeline, industrial and renewable energy industries. The company designs, installs, repairs and maintains infrastructure used to generate, transmit and distribute electricity, as well as systems that support telecommunications, natural gas and other energy-related activities.

Its services include engineering, procurement and construction; utility and substation work; transmission and distribution projects; storm restoration; fiber-optic and wireless network deployment; pipeline construction and maintenance; and development of renewable energy and energy storage infrastructure.

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