Quanta Services, Inc. (NYSE:PWR) on Friday announced a quarterly cash dividend and a new $1 billion stock repurchase program.
The company declared a quarterly dividend of 11 cents per share, representing an annualized payout of 44 cents per share. The dividend is payable on July 13, 2026.
Quanta Services also authorized a new stock buyback program of up to $1 billion in common stock, signaling continued focus on shareholder returns.
Separately, the company appointed Sunoco LP (NYSE:SUN) CEO Joseph Kim to its Board of Directors. Kim brings executive leadership, supply chain, and logistics experience, and previously held senior roles at Yum! Brands, Inc.’s (NYSE:YUM) Pizza Hut and Valero Energy Corp. (NYSE:VLO)
PWR Technical Outlook: Momentum And Key Support Levels
The 12-month performance shows a significant 110.57% increase, indicating strong upward momentum over the past year.
The primary momentum indicator, the Relative Strength Index (RSI), is at 54.04, suggesting that the stock is in a neutral zone, neither overbought nor oversold.
- Key Resistance: $782.50 — a nearby level where rebounds can stall.
- Key Support: $636.30 — this level aligns with the 50-day SMA, providing a potential floor for price action.
PWR Earnings Preview And Analyst Outlook
Quanta Services will provide its next financial update on July 30, 2026 (estimated).
- EPS Estimate: $3.25 (Up from $2.48 YoY)
- Revenue Estimate: $8.60 Billion (Up from $6.77 Billion YoY)
- Valuation: Forward P/E of 98.3x (Indicates premium valuation)
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $704.94. Recent analyst moves include:
- CICC: Initiated with Outperform (Forecast $872.00) (May 21)
- Cantor Fitzgerald: Overweight (Raises forecast to $901.00) (May 11)
- UBS: Buy (Raises forecast to $900.00) (May 4)
How Quanta Services Ranks On Value, Growth And Momentum
Below is the Benzinga Edge scorecard for Quanta Services, highlighting its strengths and weaknesses compared to the broader market:
- Value: Weak (Score: 11.41) — Trading at a steep premium relative to peers.
- Growth: Weak (Score: 14.9) — Limited growth indicators compared to market expectations.
- Quality: Strong (Score: 83.85) — Indicates a solid balance sheet and operational efficiency.
- Momentum: Strong (Score: 92.96) — Stock is outperforming the broader market.
The Verdict: Quanta Services shows strong momentum and quality scores, though weaker value and growth indicators suggest valuation concerns.
ETFs With The Biggest Quanta Services (PWR) Exposure
- Global X US Electrification ETF (NASDAQ:ZAP): 4.92% Weight
- Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN): 6.01% Weight
- Defiance AI & Power Infrastructure ETF (NASDAQ:AIPO): 8.15% Weight
Significance: Because PWR carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
PWR Price Action: Quanta Services shares were up 1.01% at $724.15 at the time of publication on Friday, according to Benzinga Pro data.
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