Mitsubishi UFJ Asset Management Co. Ltd. Has $137.29 Million Stock Holdings in Quanta Services, Inc. $PWR

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Quanta by 5.8% during Q4 to 312,254 shares, now owning about $137.29 million or roughly 0.21% of the company.
• Quanta beat Q1 estimates with $7.87 billion in revenue and $2.68 EPS, raised its FY2026 guidance to 13.55–14.25 EPS and reported a record $48.5 billion backlog, prompting analyst upgrades and an average target near $695.73.
• CAO Paul Nobel sold 4,000 shares for about $3.03 million (a ~33% reduction in his stake); insiders now own 0.60% of the stock while institutional investors hold roughly 90.5%.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 312,254 shares of the construction company's stock after acquiring an additional 17,252 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of Quanta Services worth $137,292,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Activest Wealth Management raised its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company's stock worth $27,000 after acquiring an additional 32 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services during the fourth quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services during the second quarter worth $26,000. Cornerstone Planning Group LLC raised its holdings in shares of Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock worth $30,000 after acquiring an additional 49 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Quanta Services during the fourth quarter worth $34,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

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

Insider Activity at Quanta Services

In other 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 transaction, the chief accounting officer owned 8,080 shares of the company's stock, valued at $6,116,398.40. This trade represents a 33.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PWR. Sanford C. Bernstein raised their price objective on shares of Quanta Services from $538.00 to $725.00 and gave the stock a "market perform" rating in a report on Tuesday. TD Cowen raised their price objective on shares of Quanta Services from $570.00 to $775.00 and gave the stock a "buy" rating in a report on Monday. Stifel Nicolaus set a $784.00 price objective on shares of Quanta Services in a report on Friday, May 1st. DA Davidson raised their target price on shares of Quanta Services from $450.00 to $575.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. Finally, Cantor Fitzgerald raised their target price on shares of Quanta Services from $520.00 to $630.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Eighteen 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 currently has an average rating of "Moderate Buy" and an average target price of $695.73.

Quanta Services Stock Up 1.9%

Quanta Services stock opened at $786.39 on Thursday. The company has a market cap of $118.01 billion, a P/E ratio of 107.87, a price-to-earnings-growth ratio of 2.84 and a beta of 1.24. Quanta Services, Inc. has a 1-year low of $315.45 and a 1-year high of $788.75. The company has a fifty day simple moving average of $588.11 and a 200 day simple moving average of $503.33. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57.

Quanta Services (NYSE:PWR - Get Free Report) last released its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 3.67% and a return on equity of 18.64%. The firm's revenue for the quarter was up 26.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Research analysts anticipate that Quanta Services, Inc. will post 11.97 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd 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 of this dividend was Thursday, April 2nd. Quanta Services's dividend payout ratio (DPR) is 6.04%.

About Quanta Services

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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