Quanta Services (NYSE:PWR) CEO Earl Jr. Austin Sells 130,000 Shares

Key Points

• Quanta CEO Earl Jr. Austin sold 130,000 shares on May 5 at an average price of $770.65 for a total of about $100.18 million, trimming his stake by 18.93% to 556,911 shares (SEC Form 4 filed).
• Quanta posted record Q1 revenue of $7.87 billion and an EPS beat ($2.68 vs. $2.04), then raised FY‑2026 guidance and cited a record ~$48.5 billion infrastructure backlog—catalyzing analyst price‑target increases and the recent stock rally.

Quanta Services, Inc. (NYSE:PWR - Get Free Report) CEO Earl Jr. Austin sold 130,000 shares of Quanta Services stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the completion of the transaction, the chief executive officer directly owned 556,911 shares in the company, valued at $429,183,462.15. This represents a 18.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Quanta Services Stock Performance

Shares of NYSE:PWR traded down $35.02 on Thursday, hitting $750.22. 1,976,497 shares of the company were exchanged, compared to its average volume of 1,120,451. The firm has a market capitalization of $112.58 billion, a P/E ratio of 102.91, a price-to-earnings-growth ratio of 2.84 and a beta of 1.24. The stock's 50 day moving average price is $591.73 and its 200 day moving average price is $505.56. Quanta Services, Inc. has a 1-year low of $320.56 and a 1-year high of $788.75. 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 issued its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping 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 company's revenue was up 26.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Sell-side analysts predict that Quanta Services, Inc. will post 11.97 EPS for the current year.

Quanta Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services's payout ratio is currently 6.04%.

Institutional Investors Weigh In On Quanta Services

A number of hedge funds have recently added to or reduced their stakes in PWR. Brighton Jones LLC acquired a new stake in Quanta Services during the 4th quarter worth approximately $298,000. Woodline Partners LP lifted its holdings in Quanta Services by 40.7% during the 1st 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 in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Quanta Services during the 2nd quarter worth approximately $4,632,000. Marshall Wace LLP acquired a new stake in Quanta Services during the 2nd quarter worth approximately $996,000. Finally, StoneX Group Inc. acquired a new stake in shares of Quanta Services in the 2nd quarter valued at $204,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on PWR shares. Stifel Nicolaus set a $784.00 price objective on shares of Quanta Services in a research note on Friday, May 1st. Citigroup upped their price objective on shares of Quanta Services from $640.00 to $733.00 and gave the company a "buy" rating in a research note on Monday, April 27th. B. Riley Financial reaffirmed a "neutral" rating on shares of Quanta Services in a research note on Friday, May 1st. BNP Paribas Exane started coverage on shares of Quanta Services in a research note on Tuesday, April 14th. They set a "neutral" rating for the company. Finally, DA Davidson upped their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. Seventeen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $695.73.

Key Quanta Services News

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

• Positive Sentiment: Q1 results beat and record revenue — Quanta reported a record $7.87B in Q1 2026 revenue and an EPS beat that fueled the rally; this underscores accelerating top-line momentum. Quanta Services (PWR) Reports Record Q1 2026 Revenue of $7.87B
• Positive Sentiment: Raised guidance and record backlog — Management raised FY‑2026 outlook and cited a record infrastructure backlog (reported at roughly $48.5B), improving revenue and earnings visibility and acting as the primary catalyst for the recent price jump. Quanta Services (PWR) Is Up 22.3% After Raising 2026 Outlook On Record Infrastructure Backlog - What's Changed
• Positive Sentiment: Analyst upside — Several firms pushed price targets higher (Jefferies to $857 and others raised targets), and broad analyst buy/hold coverage supports further demand from institutions. Jefferies Adjusts Price Target on Quanta Services to $857
• Neutral Sentiment: Thematic tailwinds — Coverage in retail and sector pieces highlights Quanta as a beneficiary of rising energy demand and AI/data‑center power buildouts; positive for long‑term demand but not an immediate earnings event. The Smartest Energy Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Mixed analyst signal — Sanford C. Bernstein raised its price target to $725 but kept a "market perform" rating, a tempered view that limits some upside expectations even as other houses turn bullish. Quanta Services NYSE: PWR Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Negative Sentiment: Insider selling — CAO Paul Nobel sold 4,000 shares (~33% of his holding) at about $757; while not unusual, the disclosure can prompt short‑term selling or caution among some investors. SEC Filing: Form 4 - Insider Sale

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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