Rep. Lisa C. McClain Purchases Shares of Quanta Services, Inc. (NYSE:PWR)

Key Points

• Representative Lisa C. McClain purchased shares of Quanta Services, Inc. (NYSE:PWR) valued between $1,001 and $15,000 on July 10th, 2023.
• Quanta Services reported earnings of $2.48 per share for the last quarter, exceeding analysts' expectations, with a revenue of $6.77 billion—a 21.1% increase compared to the previous year.
• The company announced a quarterly dividend of $0.10 per share, reflecting a yield of 0.1% and a dividend payout ratio of 6.19%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Quanta Services, Inc. NYSE: PWR. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Quanta Services stock on July 10th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Quanta Services Stock Performance

Shares of NYSE PWR traded up $1.36 during trading on Thursday, reaching $377.23. 213,004 shares of the company traded hands, compared to its average volume of 1,406,340. The firm's fifty day simple moving average is $384.41 and its 200 day simple moving average is $324.00. The stock has a market cap of $56.21 billion, a P/E ratio of 58.39, a PEG ratio of 2.26 and a beta of 1.10. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $424.94. The company has a current ratio of 1.37, a quick ratio of 1.32 and a debt-to-equity ratio of 0.59.

Quanta Services (NYSE:PWR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The construction company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.44 by $0.04. The business had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.55 billion. Quanta Services had a return on equity of 18.41% and a net margin of 3.73%.The company's revenue was up 21.1% on a year-over-year basis. During the same quarter last year, the business posted $1.90 EPS. Quanta Services has set its FY 2025 guidance at 10.280-10.880 EPS. As a group, research analysts anticipate that Quanta Services, Inc. will post 9.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PWR. Northland Securities lowered Quanta Services from an "outperform" rating to a "market perform" rating and set a $354.00 price objective for the company. in a research note on Wednesday, July 2nd. B. Riley lifted their price target on Quanta Services from $300.00 to $355.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Stifel Nicolaus lifted their price target on Quanta Services from $411.00 to $432.00 and gave the company a "buy" rating in a research note on Monday, August 4th. BMO Capital Markets lowered Quanta Services from an "outperform" rating to a "market perform" rating and lifted their price target for the company from $352.00 to $400.00 in a research note on Thursday, July 17th. Finally, Daiwa America lowered Quanta Services from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 1st. Thirteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Quanta Services has a consensus rating of "Moderate Buy" and an average price target of $392.45.

Institutional Investors Weigh In On Quanta Services

Several institutional investors have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. acquired a new position in shares of Quanta Services during the 2nd quarter worth approximately $1,423,000. Anchor Investment Management LLC boosted its holdings in shares of Quanta Services by 290.0% during the 2nd quarter. Anchor Investment Management LLC now owns 117 shares of the construction company's stock worth $44,000 after purchasing an additional 87 shares during the last quarter. State of Wyoming boosted its holdings in shares of Quanta Services by 1,028.8% during the 2nd quarter. State of Wyoming now owns 7,687 shares of the construction company's stock worth $2,906,000 after purchasing an additional 7,006 shares during the last quarter. Old North State Trust LLC boosted its holdings in shares of Quanta Services by 34.1% during the 2nd quarter. Old North State Trust LLC now owns 2,320 shares of the construction company's stock worth $877,000 after purchasing an additional 590 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Quanta Services by 0.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,867 shares of the construction company's stock worth $1,840,000 after purchasing an additional 35 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Quanta Services Company Profile

Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.