Czech National Bank Raises Stock Position in Quanta Services, Inc. $PWR

Key Points

• Czech National Bank increased its Quanta Services stake by 5.2% in the second quarter, while institutional investors and hedge funds collectively own 90.49% of the company.
• Quanta Services exceeded quarterly expectations, reporting $4.24 in EPS and $9.56 billion in revenue, with revenue up 41.1% year over year. The company also raised its 2026 outlook and cited a record backlog supporting demand for infrastructure projects.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and average price target of $767.21. However, elevated valuation and an 11.7% share-price decline over the past three months remain key investor concerns.

Czech National Bank raised its holdings in Quanta Services, Inc. (NYSE:PWR - Free Report) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,713 shares of the construction company's stock after purchasing an additional 2,102 shares during the quarter. Czech National Bank's holdings in Quanta Services were worth $30,755,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its stake in shares of Quanta Services by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 74,134 shares of the construction company's stock worth $40,701,000 after purchasing an additional 4,087 shares during the period. Evoke Wealth LLC acquired a new position in shares of Quanta Services in the 4th quarter valued at $368,000. Sequoia Financial Advisors LLC boosted its holdings in Quanta Services by 3.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 130,436 shares of the construction company's stock worth $55,052,000 after buying an additional 3,966 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Quanta Services by 9.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,602 shares of the construction company's stock valued at $21,357,000 after buying an additional 4,568 shares during the period. Finally, Lebenthal Global Advisors LLC grew its position in Quanta Services by 9.8% during the fourth quarter. Lebenthal Global Advisors LLC now owns 9,277 shares of the construction company's stock valued at $3,915,000 after buying an additional 830 shares during the period. 90.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on PWR shares. Wall Street Zen raised shares of Quanta Services from a "hold" rating to a "buy" rating in a research note on Sunday, August 2nd. Evercore lifted their price target on Quanta Services from $635.00 to $800.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. Mizuho increased their price target on Quanta Services from $659.00 to $741.00 and gave the stock a "neutral" rating in a research report on Monday. UBS Group began coverage on Quanta Services in a report on Friday, July 31st. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $714.00 price objective on shares of Quanta Services in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Quanta Services currently has a consensus rating of "Moderate Buy" and an average target price of $767.21.

Quanta Services Price Performance

NYSE:PWR opened at $666.67 on Friday. Quanta Services, Inc. has a 12 month low of $363.01 and a 12 month high of $788.75. The stock has a 50 day moving average of $676.08 and a two-hundred day moving average of $620.04. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. The firm has a market cap 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 (NYSE:PWR - Get Free Report) last released its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.93. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The business had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter last year, the business posted $2.48 earnings per share. The business'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, analysts expect that Quanta Services, Inc. will post 15.33 earnings per share for the current fiscal year.

Quanta Services announced that its Board of Directors has initiated a stock repurchase plan on Friday, May 22nd that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to buy up to 0.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Quanta Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Wednesday, July 1st. Quanta Services's dividend payout ratio is 5.04%.

Key Headlines 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 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.

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