Representative Jefferson Shreve (R-Indiana) recently bought shares of Quanta Services, Inc. NYSE: PWR. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Quanta Services stock on March 31st. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
- Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
- Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
- Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
- Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
- Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.
Quanta Services Price Performance
NYSE PWR traded down $1.98 during trading hours on Friday, hitting $267.47. The company had a trading volume of 971,294 shares, compared to its average volume of 1,665,740. Quanta Services, Inc. has a 52 week low of $227.08 and a 52 week high of $365.88. The firm has a market capitalization of $39.64 billion, a price-to-earnings ratio of 44.36, a PEG ratio of 1.41 and a beta of 1.04. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. The firm has a 50 day simple moving average of $263.56 and a 200 day simple moving average of $301.58.
Quanta Services (NYSE:PWR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The construction company reported $2.74 EPS for the quarter, beating the consensus estimate of $2.62 by $0.12. Quanta Services had a net margin of 3.82% and a return on equity of 18.00%. The firm had revenue of $6.55 billion during the quarter, compared to the consensus estimate of $6.61 billion. Equities research analysts expect that Quanta Services, Inc. will post 9.34 earnings per share for the current year.
Quanta Services Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 3rd were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, April 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.15%. Quanta Services's payout ratio is 6.63%.
Hedge Funds Weigh In On Quanta Services
Hedge funds and other institutional investors have recently made changes to their positions in the business. Banque Transatlantique SA bought a new position in shares of Quanta Services in the 4th quarter worth approximately $25,000. Webster Bank N. A. grew its holdings in Quanta Services by 4,050.0% in the fourth quarter. Webster Bank N. A. now owns 83 shares of the construction company's stock worth $26,000 after purchasing an additional 81 shares during the period. Quarry LP purchased a new stake in shares of Quanta Services in the 4th quarter worth approximately $26,000. Sierra Ocean LLC purchased a new position in Quanta Services during the fourth quarter valued at $27,000. Finally, Sound Income Strategies LLC boosted its holdings in Quanta Services by 700.0% in the fourth quarter. Sound Income Strategies LLC now owns 104 shares of the construction company's stock worth $33,000 after acquiring an additional 91 shares in the last quarter. Institutional investors own 90.49% of the company's stock.
Wall Street Analyst Weigh In
PWR has been the subject of several recent analyst reports. Stifel Nicolaus cut their price objective on Quanta Services from $323.00 to $287.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. JPMorgan Chase & Co. increased their price target on shares of Quanta Services from $297.00 to $323.00 and gave the stock a "neutral" rating in a report on Tuesday, January 28th. Roth Capital raised shares of Quanta Services to a "strong-buy" rating in a report on Thursday, February 20th. Roth Mkm assumed coverage on Quanta Services in a research note on Friday, February 21st. They issued a "buy" rating and a $350.00 target price on the stock. Finally, Bank of America initiated coverage on Quanta Services in a research note on Friday, January 24th. They set a "buy" rating and a $407.00 price target for the company. Six investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $319.25.
Check Out Our Latest Research Report on PWR
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
Quanta Services Company Profile
(
Get Free Report)
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.
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