Quanta Services (NYSE:PWR) Stock Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Quanta Services, Inc. (NYSE:PWR). In a filing disclosed on February 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Quanta Services stock on January 21st. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Quanta Services Price Performance

Shares of PWR stock opened at $302.45 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.58. Quanta Services, Inc. has a 12-month low of $205.82 and a 12-month high of $365.88. The firm has a fifty day moving average of $323.25 and a 200-day moving average of $303.98. The firm has a market capitalization of $44.64 billion, a price-to-earnings ratio of 55.80, a price-to-earnings-growth ratio of 1.56 and a beta of 1.05.

Quanta Services Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, January 2nd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.13%. The ex-dividend date of this dividend was Thursday, January 2nd. This is an increase from Quanta Services’s previous quarterly dividend of $0.09. Quanta Services’s dividend payout ratio is presently 7.38%.

Wall Street Analyst Weigh In

PWR has been the subject of several research reports. BMO Capital Markets assumed coverage on shares of Quanta Services in a research report on Monday, February 3rd. They set an “outperform” rating and a $338.00 price objective for the company. Citigroup lowered their target price on Quanta Services from $394.00 to $371.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Northland Securities restated an “outperform” rating and issued a $328.00 price target (up from $280.00) on shares of Quanta Services in a report on Friday, November 1st. Daiwa Capital Markets started coverage on Quanta Services in a report on Friday, December 6th. They set an “outperform” rating and a $355.00 price objective for the company. Finally, Truist Financial cut their target price on Quanta Services from $399.00 to $398.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Four research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $330.50.

Hedge Funds Weigh In On Quanta Services

Large investors have recently bought and sold shares of the stock. FineMark National Bank & Trust grew its position in shares of Quanta Services by 1.8% during the 4th quarter. FineMark National Bank & Trust now owns 80,174 shares of the construction company’s stock valued at $25,339,000 after acquiring an additional 1,398 shares during the period. Princeton Capital Management LLC increased its position in Quanta Services by 0.5% in the fourth quarter. Princeton Capital Management LLC now owns 24,619 shares of the construction company’s stock worth $7,781,000 after buying an additional 128 shares during the last quarter. Zevenbergen Capital Investments LLC bought a new stake in shares of Quanta Services in the fourth quarter valued at $30,899,000. Corebridge Financial Inc. grew its stake in shares of Quanta Services by 0.4% during the 4th quarter. Corebridge Financial Inc. now owns 37,905 shares of the construction company’s stock worth $11,980,000 after acquiring an additional 156 shares during the period. Finally, Emerald Advisers LLC purchased a new stake in Quanta Services in the 4th quarter worth about $168,000. 90.49% of the stock is currently owned by institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Quanta Services

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.