Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Quanta Services stock on August 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
- Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
- Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
- Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
- Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
- Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/24/2026.
Quanta Services Stock Up 5.1%
Shares of PWR traded up $31.26 during mid-day trading on Friday, reaching $649.99. 941,017 shares of the stock traded hands, compared to its average volume of 986,227. The firm has a market cap of $97.72 billion, a price-to-earnings ratio of 74.46, a P/E/G ratio of 2.03 and a beta of 1.20. The stock has a fifty day simple moving average of $645.78 and a 200 day simple moving average of $645.99. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. Quanta Services, Inc. has a 12-month low of $373.39 and a 12-month high of $788.75.
Quanta Services Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 1st will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s dividend payout ratio (DPR) is 5.04%.
Quanta Services announced that its Board of Directors has initiated a stock buyback plan on Friday, May 22nd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the construction company to reacquire up to 0.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on PWR shares. Citigroup lifted their price objective on Quanta Services from $837.00 to $871.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Wall Street Zen downgraded shares of Quanta Services from a “buy” rating to a “hold” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft downgraded shares of Quanta Services to a “sell” rating in a research report on Friday, July 31st. BTIG Research lowered Quanta Services to a “hold” rating in a report on Friday, July 31st. Finally, UBS Group reaffirmed a “buy” rating on shares of Quanta Services in a report on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and an average price target of $767.72.
Check Out Our Latest Stock Report on PWR
Institutional Trading of Quanta Services
A number of large investors have recently modified their holdings of PWR. Cedar Mountain Advisors LLC raised its stake in shares of Quanta Services by 321.4% during the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in Quanta Services during the 2nd quarter valued at about $26,000. Boreal Capital Management LLC bought a new stake in shares of Quanta Services during the 1st quarter worth about $27,000. MV Capital Management Inc. acquired a new stake in shares of Quanta Services in the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. lifted its stake in shares of Quanta Services by 221.7% in the 4th quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock worth $31,000 after acquiring an additional 51 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Quanta Services
Quanta Services, Inc is an infrastructure solutions provider serving the electric power, communications, pipeline, industrial and renewable energy industries. The company designs, installs, repairs and maintains infrastructure used to generate, transmit and distribute electricity, as well as systems that support telecommunications, natural gas and other energy-related activities.
Its services include engineering, procurement and construction; utility and substation work; transmission and distribution projects; storm restoration; fiber-optic and wireless network deployment; pipeline construction and maintenance; and development of renewable energy and energy storage infrastructure.
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