Quanta Services, Inc. $PWR Shares Sold by Varma Mutual Pension Insurance Co

Key Points

• Varma Mutual Pension Insurance Co reduced its stake in Quanta Services by 15.1% in Q4, selling 5,520 shares and finishing the period with 31,120 shares worth about $13.13 million.
• Quanta reported quarterly EPS of $2.68 (vs. $2.04 expected) and revenue of $7.87 billion, up 26.3% year-over-year, and issued FY2026 guidance of 13.55–14.25 EPS.
• Wall Street sentiment has turned bullish—UBS raised its price target to $900, Goldman Sachs to $826, and the stock carries a consensus “Moderate Buy” with an average target of $678.

Varma Mutual Pension Insurance Co lessened its stake in shares of Quanta Services, Inc. (NYSE:PWR - Free Report) by 15.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,120 shares of the construction company's stock after selling 5,520 shares during the quarter. Varma Mutual Pension Insurance Co's holdings in Quanta Services were worth $13,135,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of PWR. Bank of America Corp DE grew its holdings in Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company's stock valued at $1,208,672,000 after buying an additional 765,822 shares during the last quarter. Select Equity Group L.P. grew its holdings in Quanta Services by 69.3% during the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company's stock valued at $384,554,000 after buying an additional 416,395 shares during the last quarter. Vanguard Group Inc. grew its holdings in Quanta Services by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company's stock valued at $7,519,079,000 after buying an additional 386,937 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Quanta Services by 29.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 826,283 shares of the construction company's stock valued at $342,428,000 after buying an additional 189,134 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Quanta Services by 29.9% during the 3rd quarter. First Trust Advisors LP now owns 812,748 shares of the construction company's stock worth $336,819,000 after purchasing an additional 186,857 shares during the period. Institutional investors and hedge funds 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: UBS sharply raised its price target to $900 and maintained a Buy rating, signaling sizable analyst conviction and implied upside for PWR. Article Title
• Positive Sentiment: Goldman Sachs raised its price target to $826 and kept a Buy rating, reinforcing institutional bullishness that can support further share gains. Article Title
• Positive Sentiment: TD Cowen boosted its price target and issued a positive forecast for Quanta, adding another reputable shop to the list of recent upgrades. Analyst momentum is a clear near‑term catalyst. Article Title
• Positive Sentiment: Jim Cramer and other outlets are highlighting Quanta as an “obvious winner” in the electric‑grid/AI infrastructure buildout, which can draw retail and momentum buying. Article Title
• Positive Sentiment: Consensus analyst coverage sits around “Moderate Buy,” reinforcing the market’s constructive view after Quanta’s recent strong quarter and raised FY‑2026 guidance. Article Title
• Neutral Sentiment: Sector context — coverage on how AI data centers are reshaping power demand highlights a structural tailwind for companies that build and upgrade grid and power infrastructure; this supports Quanta’s longer‑term revenue opportunity but timing/scale vary. Article Title
• Neutral Sentiment: Long‑term bullish pieces (The Motley Fool, Zacks) reiterate Quanta’s growth story and record results commentary; constructive for sentiment but less immediate as share‑price catalysts versus analyst upgrades. Article Title Article Title

Quanta Services Price Performance

Shares of Quanta Services stock opened at $757.96 on Tuesday. The business's fifty day moving average price is $578.99 and its 200 day moving average price is $498.52. 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, Inc. has a twelve month low of $315.00 and a twelve month high of $763.11. The stock has a market capitalization of $113.74 billion, a P/E ratio of 103.97, a PEG ratio of 3.37 and a beta of 1.24.

Quanta Services (NYSE:PWR - Get Free Report) last released its quarterly earnings data 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 return on equity of 18.64% and a net margin of 3.67%.The company had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7 billion. During the same period last year, the company posted $1.78 earnings per share. The firm's revenue was up 26.3% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, research analysts anticipate that Quanta Services, Inc. will post 11.97 earnings per share for the current year.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is 6.04%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on PWR shares. Stifel Nicolaus set a $784.00 price objective on Quanta Services in a report on Friday. Cantor Fitzgerald raised their price objective on Quanta Services from $520.00 to $630.00 and gave the stock an "overweight" rating in a report on Friday, February 20th. Citigroup raised their price objective on Quanta Services from $640.00 to $733.00 and gave the stock a "buy" rating in a report on Monday, April 27th. Wall Street Zen upgraded Quanta Services from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Evercore raised their price objective on Quanta Services from $635.00 to $800.00 and gave the stock an "outperform" rating in a report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $678.00.

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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