Representative Dwight Evans (Democratic-Pennsylvania) recently sold shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on May 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Quanta Services stock on May 7th. The trade occurred in the Representative’s “CETERA” account.
Representative Dwight Evans also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of American Tower (NYSE:AMT) on 5/11/2026.
- Sold $1,001 – $15,000 in shares of Thermo Fisher Scientific (NYSE:TMO) on 5/7/2026.
- Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 5/7/2026.
- Sold $15,001 – $50,000 in shares of Micron Technology (NASDAQ:MU) on 3/24/2026.
Quanta Services Price Performance
Shares of NYSE:PWR traded down $3.75 on Tuesday, reaching $719.29. 1,016,502 shares of the company were exchanged, compared to its average volume of 1,128,365. The company has a 50-day moving average of $619.54 and a 200-day moving average of $521.74. The firm has a market cap of $107.94 billion, a price-to-earnings ratio of 98.67, a price-to-earnings-growth ratio of 2.64 and a beta of 1.24. 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 1-year low of $320.56 and a 1-year high of $788.75.
Quanta Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were issued 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 was Thursday, April 2nd. Quanta Services’s payout ratio is currently 6.04%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on PWR shares. UBS Group boosted their price objective on shares of Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. TD Cowen lifted their price objective on Quanta Services from $570.00 to $775.00 and gave the company a “buy” rating in a research report on Monday, May 4th. BNP Paribas Exane assumed coverage on Quanta Services in a research note on Tuesday, April 14th. They set a “neutral” rating for the company. Truist Financial set a $851.00 price objective on Quanta Services in a research note on Friday, May 1st. Finally, Cantor Fitzgerald increased their target price on Quanta Services from $630.00 to $901.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Quanta Services has a consensus rating of “Moderate Buy” and a consensus target price of $708.05.
View Our Latest Stock Analysis on PWR
Institutional Trading of Quanta Services
Several hedge funds and other institutional investors have recently modified their holdings of the business. Bartlett & CO. Wealth Management LLC grew its holdings in Quanta Services by 2.6% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 513 shares of the construction company’s stock valued at $282,000 after buying an additional 13 shares during the last quarter. Pincus Capital Management LP lifted its position in shares of Quanta Services by 0.4% during the first quarter. Pincus Capital Management LP now owns 3,690 shares of the construction company’s stock worth $2,026,000 after purchasing an additional 15 shares in the last quarter. SouthState Bank Corp raised its holdings in Quanta Services by 23.5% during the 1st quarter. SouthState Bank Corp now owns 84 shares of the construction company’s stock worth $46,000 after purchasing an additional 16 shares during the last quarter. Lewis Asset Management LLC increased its holdings in shares of Quanta Services by 2.5% in the first quarter. Lewis Asset Management LLC now owns 692 shares of the construction company’s stock worth $380,000 after acquiring an additional 17 shares in the last quarter. Finally, Stiles Financial Services Inc raised its holdings in shares of Quanta Services by 1.8% during the first quarter. Stiles Financial Services Inc now owns 987 shares of the construction company’s stock worth $542,000 after acquiring an additional 17 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.
Insider Buying and Selling
In related news, CAO Paul Nobel sold 4,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the transaction, the chief accounting officer directly owned 8,080 shares of the company’s stock, valued at approximately $6,116,398.40. This trade represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total value of $20,032,294.32. Following the transaction, the chief executive officer owned 16,508 shares in the company, valued at approximately $12,722,880.68. This trade represents a 61.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 159,992 shares of company stock worth $123,244,714. Company insiders own 0.60% of the company’s stock.
About Representative Evans
Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.
Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania’s 3rd Congressional District. He declared candidacy for the 2026 election.
Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor’s degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.
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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