Quanta Services (PWR)
Builds and maintains electric grids, power generation, pipelines, and infrastructure for large-load facilities.
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Designs, builds and maintains electric grids, power generation and storage, communications networks, pipelines, and critical systems for data centers and other large-load facilities. Most work is U.S.-based and earned through construction, maintenance and master service contracts tied largely to utility and power capital programs.
Designs, builds, upgrades and maintains electric transmission and distribution networks, substations, power generation and storage, communications systems, and electrical infrastructure for data centers and other large-load facilities. Electric Infrastructure Solutions also provides renewable-generation EPC, emergency restoration and selected power-equipment manufacturing.
Underground Utility and Infrastructure Solutions covers gas-utility systems, pipeline integrity and construction, industrial turnaround and fabrication work, civil projects, and mechanical, plumbing and process systems for large-load centers. Self-perform, craft-skilled crews integrate electrical, mechanical and fabrication disciplines across a decentralized, labor-intensive operation, primarily in the United States with smaller businesses in Canada, Australia and other markets.
Revenue comes from master service, maintenance, unit-price, cost-plus and fixed-price construction and engineering contracts. Demand depends on utility and power customers' capital programs; project timing is exposed to permitting and regulatory delays, while fixed-price work makes cost and execution estimates consequential.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 8, 2026 | Piper Sandler | Initiate | Rating: —Target: $360 | Target: $731 |
| Aug 13, 2026 | Jefferies | Reiterate | Rating: —Target: $784 | Target: $833 |
| Aug 7, 2026 | KeyBanc | Upgrade | Target: $129 | Target: $807 |
| Aug 5, 2026 | Argus Research | Target | Target: $540 | Target: $800 |
| Aug 3, 2026 | Mizuho Securities | Target | Target: $645 | Target: $741 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $506.4M · Total debt $6.60B · Total assets $28.29B · Shareholders' equity $9.64B
- Revenue
- $9.56B
- Operating income
- $694.8M
- Net income
- $451.4M
HistoryDividendAnnual yieldUpcoming
| Institutions | 89.63% | 134.75M shares | |
|---|---|---|---|
| 2,012 holders · as of Jun 30, 2026 | |||
| Insiders | 0.66% | 985.9K shares | |
| 16 holders · as of Jun 3, 2026 | |||
| Other | 9.71% | 14.61M shares | |
| remainder | |||
150.34M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.69% | 13.06M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.52% | 9.80M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.61% | 6.93M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.38% | 6.58M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 3.53% | 5.31M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 5, 2026 | Earl C. Jr. Austin | director, officer: President and CEO | −155,992 | $770.66 |
| May 4, 2026 | Paul Nobel | officer: Chief Accounting Officer & SVP | −4,000 | $756.98 |
| Nov 6, 2025 | Donald Wayne | officer: EVP and General Counsel | −14,000 | $443.81 |
| Nov 6, 2025 | Gerald A. JR Ducey | officer: Pres. - Strategic Operations | −7,653 | $446.08 |
| Nov 5, 2025 | Worthing Jackman | director | −6,349 | $450.45 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Quanta Services | $637.36 | −0.82% | $96.61B | 73.6 | 35.4 | 2.9 | +41.1% |
| MasTec | $218.37 | −1.50% | $17.80B | 35.4 | 19.7 | 1.1 | +23.4% |
| Primoris Services | $74.86 | −1.91% | $4.14B | 30.0 | 18.8 | 0.6 | −10.7% |
| MYR Group | $295.87 | +2.36% | $4.50B | 27.5 | 23.0 | 1.1 | +20.2% |
| EMCOR Group | $758.83 | +0.31% | $33.37B | 23.6 | 21.7 | 1.8 | +19.8% |
| Dycom Industries | $284.51 | +0.88% | $8.47B | 25.8 | 16.4 | 1.2 | +45.6% |
| Median | 27.5 | 19.7 | 1.1 | +20.2% |