QUANTA SERVICES, INC.
No SEC Form 4 filings for $PWR in the last 30 days.
Quanta Services (PWR) has announced that its board approved a new $1.0 billion share buyback program. Additionally, Joseph Kim, CEO of Sunoco GP, has been appointed to the company's board of directors, bringing extensive experience in the energy sector to Quanta.
Quanta Services Inc. stock is gaining after the company announced a quarterly cash dividend, a new $1 billion stock repurchase program, and the appointment of Joseph Kim to its Board of Directors. Analysts maintain a "Buy" rating with an average price forecast of $704.94, and recent analyst actions include initiated "Outperform" and raised "Overweight" ratings. The stock shows strong momentum and quality scores, despite weaker value and growth indicators.
Wilian Securities LLC has invested $732,000 in Quanta Services, Inc. by purchasing 1,734 shares. This new institutional position comes despite significant insider selling, including the CEO's recent sale of 25,992 shares. Quanta Services reported strong Q4 results, exceeding revenue and EPS expectations.
