Quanta Services (PWR) continues to garner investor confidence with secured major grid projects with American Electric Power, seeing the company get strategic partnerships that advance its trajectory in power infrastructure. There was a notable occurrence of insiders selling shares, including director Worthing Jackman offloading stock worth $2.8 million and another instance of an insider selling $1,808,760.00 in stock. Despite this, an analysis reveals that Jefferies and Truist Financial still maintain a Buy recommendation for PWR. Meanwhile, various asset management companies have been adjusting their stakes in PWR. Various investors like the Resona Asset Management Co. and Sigma Planning Corp have increased their holdings, while others such as Mcrae Capital Management and Quaero Capital S.A. have reduced their stakes. In addition, there is an upward trajectory in PWR's earnings, with the latest reports showing a surge of 23%, giving fodder to bullish growth narratives. Quanta Services registered record backlogs and scored a major NiSource deal, which points to being a gamechanger for the company. The company's rapid rise is supported by its current valuation following strong Q3 results and a new NiSource contract. The H2'25 outlook for PWR points towards the company's positioning as a key infrastructure provider amidst market tailwinds.
Quanta Services PWR News Analytics from Thu, 26 Jun 2025 07:00:00 GMT to Sun, 09 Nov 2025 00:54:03 GMT -
Rating 7
- Innovation 5
- Information 7
- Rumor 6
