Waterfront Wealth Inc. Makes New Investment in Quanta Services, Inc. $PWR

11 Jul 2026, 10:37 by Jessica Moore · The Cerbat Gem

Waterfront Wealth Inc. purchased a new stake in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 865 shares of the construction company’s stock, valued at approximately $475,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cedar Mountain Advisors LLC grew its holdings in Quanta Services by 321.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock worth $25,000 after acquiring an additional 45 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Quanta Services during the second quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Quanta Services during the fourth quarter worth $28,000. MV Capital Management Inc. bought a new stake in shares of Quanta Services in the fourth quarter worth $30,000. Finally, Meeder Asset Management Inc. increased its holdings in Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Trading Down 1.5%

PWR traded down $10.20 during trading on Friday, hitting $657.97. The company’s stock had a trading volume of 847,048 shares, compared to its average volume of 1,380,968. The firm has a market capitalization of $98.73 billion, a P/E ratio of 90.26, a PEG ratio of 2.63 and a beta of 1.21. Quanta Services, Inc. has a twelve month low of $363.01 and a twelve month high of $788.75. The stock’s fifty day moving average price is $714.79 and its 200-day moving average price is $590.92. 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 (NYSE:PWR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.64. The company had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. Quanta Services’s revenue for the quarter was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Analysts anticipate that Quanta Services, Inc. will post 12.8 EPS for the current year.

Quanta Services announced that its Board of Directors has approved a share buyback plan on Friday, May 22nd that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to reacquire up to 0.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Wednesday, July 1st will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, July 1st. Quanta Services’s payout ratio is presently 6.04%.

Insider Transactions at Quanta Services

In related news, CEO Earl C. Jr. Austin sold 25,992 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 16,508 shares of the company’s stock, valued at approximately $12,722,880.68. This represents a 61.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Paul Nobel sold 4,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was 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 in the company, valued at approximately $6,116,398.40. The trade was a 33.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,992 shares of company stock valued at $123,244,714 over the last ninety days. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on Quanta Services from $627.00 to $805.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Zacks Research lowered Quanta Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. TD Cowen increased their target price on shares of Quanta Services from $570.00 to $775.00 and gave the company a “buy” rating in a research report on Monday, May 4th. UBS Group raised their price target on shares of Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Jefferies Financial Group reduced their price objective on shares of Quanta Services from $857.00 to $784.00 and set a “buy” rating on the stock in a research note on Friday. Nineteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $751.86.

Check Out Our Latest Stock Report on Quanta Services

Quanta Services Profile

(Free Report)

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.