Quanta Services, Inc. $PWR Shares Acquired by ABN AMRO Bank N.V.

Key Points

• ABN AMRO Bank N.V. sharply increased its Quanta Services stake by 376.5% in the fourth quarter, bringing its holdings to 422,486 shares worth about $178.3 million. Quanta now ranks as one of the bank’s larger portfolio positions.
• Quanta Services reported strong Q1 results, with EPS of $2.68 topping estimates and revenue rising 26.3% year over year to $7.87 billion. The company also raised its FY2026 guidance to $13.55-$14.25 per share, supporting bullish analyst sentiment.
• Despite the upbeat fundamentals, recent insider selling by CEO Earl C. Jr. Austin and CAO Paul Nobel may weigh on sentiment. Analysts still remain generally positive, with 17 Buy ratings and an average target price of $695.73.

ABN AMRO Bank N.V. lifted its stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 376.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 422,486 shares of the construction company's stock after acquiring an additional 333,817 shares during the quarter. Quanta Services comprises about 1.7% of ABN AMRO Bank N.V.'s investment portfolio, making the stock its 21st biggest holding. ABN AMRO Bank N.V. owned 0.28% of Quanta Services worth $178,264,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PWR. Brighton Jones LLC acquired a new position in shares of Quanta Services during the fourth quarter valued at approximately $298,000. Woodline Partners LP grew its position in Quanta Services by 40.7% in the first quarter. Woodline Partners LP now owns 12,471 shares of the construction company's stock worth $3,170,000 after buying an additional 3,606 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Quanta Services in the second quarter worth approximately $4,632,000. Marshall Wace LLP acquired a new position in Quanta Services in the second quarter worth approximately $996,000. Finally, StoneX Group Inc. acquired a new position in Quanta Services in the second quarter worth approximately $204,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Analyst Ratings Changes

PWR has been the topic of several recent research reports. BNP Paribas Exane initiated coverage on shares of Quanta Services in a research report on Tuesday, April 14th. They issued a "neutral" rating on the stock. Weiss Ratings lowered shares of Quanta Services from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. BMO Capital Markets raised their price objective on shares of Quanta Services from $650.00 to $800.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Evercore lifted their price objective on shares of Quanta Services from $635.00 to $800.00 and gave the stock an "outperform" rating in a research report on Friday, May 1st. Finally, Cantor Fitzgerald lifted their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the stock an "overweight" rating in a research report on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $695.73.

Insider Buying and Selling at Quanta Services

In related news, CAO Paul Nobel sold 4,000 shares of the company's stock in a transaction on 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 sale, the chief accounting officer directly owned 8,080 shares in the company, valued at approximately $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total transaction of $20,032,294.32. Following the completion of the sale, the chief executive officer owned 16,508 shares of the company's stock, valued at $12,722,880.68. This represents a 61.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 159,992 shares of company stock valued at $123,244,714. 0.60% of the stock is owned by company insiders.

Quanta Services News Summary

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

• Positive Sentiment: Quanta Services continues to benefit from upbeat coverage after its Q1 2026 results and raised full-year outlook, with investors focused on record backlog and stronger revenue/earnings visibility. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog - What's Changed
• Positive Sentiment: Zacks highlighted Quanta as a strong growth and momentum name, reinforcing the view that investors are paying up for its expanding infrastructure opportunity. Looking for a Growth Stock? 3 Reasons Why Quanta Services (PWR) is a Solid Choice
• Positive Sentiment: Analyst sentiment remains supportive, with firms like Jefferies and TD Cowen maintaining bullish views and higher price targets, which can help sustain institutional demand. Jefferies Adjusts Price Target on Quanta Services to $857
• Neutral Sentiment: Additional articles framed Quanta as a beneficiary of AI/data-center and power-grid spending, which is supportive for the long term but not a fresh earnings catalyst. The Smartest Energy Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Quanta’s stock has also been featured in momentum and peer-comparison pieces, reflecting strong recent performance rather than a new company-specific trigger. Are You Looking for a Top Momentum Pick? Why Quanta Services (PWR) is a Great Choice
• Negative Sentiment: Insider selling by CEO Earl C. Jr. Austin and CAO Paul Nobel may be pressuring sentiment, as investors often read large sales near highs as a caution flag. SEC Filing: Insider Sale by CEO Earl C. Jr. Austin

Quanta Services Trading Down 0.1%

Quanta Services stock opened at $744.55 on Monday. The company's fifty day simple moving average is $591.73 and its 200-day simple moving average is $505.56. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. Quanta Services, Inc. has a 12 month low of $320.56 and a 12 month high of $788.75. The stock has a market cap of $111.73 billion, a P/E ratio of 102.13, a P/E/G ratio of 2.56 and a beta of 1.24.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, beating the consensus estimate of $2.04 by $0.64. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The business had revenue of $7.87 billion for the quarter, compared to analysts' expectations of $7 billion. During the same period in the previous year, the company posted $1.78 EPS. Quanta Services's revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, sell-side analysts forecast that Quanta Services, Inc. will post 12.84 EPS for the current fiscal year.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd were issued 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 was Thursday, April 2nd. Quanta Services's payout ratio is currently 6.04%.

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.

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