Quanta Services Stock Price, News & Analysis

Quanta Services (NYSE: PWR) has declared a quarterly cash dividend of $0.10 per share, equivalent to an annualized rate of $0.40 per share. The dividend will be paid on October 10, 2025, to shareholders of record as of October 1, 2025.

Quanta Services (NYSE: PWR) has acquired Dynamic Systems for an upfront purchase price of $1.35 billion plus a potential earnout of up to $216 million. The transaction was structured with a combination of cash and Quanta's publicly-traded stock.

Dynamic Systems, founded in 1988 and based in Austin, Texas, is one of the largest mechanical solutions providers in the country, specializing in mechanical, plumbing, and process infrastructure solutions. The company serves diverse sectors including technology, semiconductor, healthcare, and other load center markets.

The acquisition strengthens Quanta's position as a leading infrastructure solutions provider across multiple industries in the U.S., Canada, Australia, and select international markets.

Quanta Services (NYSE: PWR) has announced the pricing of its senior notes offering totaling $1.5 billion across three tranches. The offering includes $500 million of 4.300% notes due 2028, $500 million of 4.500% notes due 2031, and $500 million of 5.100% notes due 2035.

The notes are priced at 99.963%, 99.731%, and 99.705% of face value respectively. The offering is expected to close on August 7, 2025. Quanta plans to use the proceeds to repay existing debt, including commercial paper program borrowings and senior credit facility debt. Multiple financial institutions, led by BofA Securities, Wells Fargo Securities, and J.P. Morgan Securities, are serving as joint book-running managers for the offering.

Quanta Services (NYSE:PWR) has completed the acquisition of Dynamic Systems (DSI), a premier mechanical and process infrastructure solutions provider, for $1.35 billion. The transaction includes $1.15 billion in cash and $200 million in Quanta common stock, with a potential earnout of up to $216 million.

Dynamic Systems, founded in 1988 and headquartered in Austin, Texas, brings a workforce of 2,400 employees and is expected to generate 2025 revenues of $1.0-1.1 billion with adjusted EBITDA of $150-170 million. For 2026, the company is projected to contribute revenues of $1.25-1.45 billion and adjusted EBITDA of $125-175 million.

The acquisition strengthens Quanta's capabilities in technology, semiconductor, and healthcare markets, with approximately 80% of DSI's business coming from repeat customers. The existing management team will remain, with Russell Rehmann continuing as CEO and Jeff Vogt as President.

Quanta Services (NYSE:PWR) reported strong Q2 2025 financial results, with record quarterly revenues of $6.8 billion, up from $5.59 billion in Q2 2024. The company achieved record Q2 net income of $229.3 million ($1.52 per diluted share) and adjusted diluted EPS of $2.48.

Notable developments include the $1.35 billion acquisition of Dynamic Systems, selection for the Boardman to Hemingway transmission project, and a strategic investment in Bell Lumber and Pole Company. The company's total backlog reached a record $35.8 billion.

Quanta raised its full-year 2025 guidance, now expecting revenues between $27.4-27.9 billion, net income of $978.5-1.07 billion, and adjusted EBITDA of $2.76-2.89 billion.

Quanta Services (NYSE:PWR) has achieved significant recognition in the solar and energy storage industry, being named the top U.S. solar solutions provider by Solar Power World for the second time in three years, while also securing the top position in their inaugural energy storage solutions ranking.

The company's operating units demonstrated remarkable performance in 2024, installing over 10,000 megawatts of domestic solar capacity and more than 1,200 megawatts of domestic energy storage capacity. This achievement highlights Quanta's pivotal role in developing America's clean energy infrastructure.

Quanta Services (NYSE: PWR) has scheduled its second quarter 2025 financial results release for Thursday, July 31, 2025, before market opening. The company will host a webcast and conference call at 9:00 a.m. Eastern time on the same day.

The company will post supplemental earnings materials, including the Second Quarter 2025 Operational and Financial Commentary, on its Investor Relations website. This commentary will largely replace traditional management prepared remarks during the call, allowing more time for Q&A with institutional investors.

The earnings webcast will be conducted through Zoom Webinar, with registration available through Quanta's Investor Relations website. An archive of the webcast will be available shortly after the call.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) for Quanta Insurance Company (QIC), a subsidiary of Quanta Services (NYSE: PWR). The outlook remains stable.

The ratings reflect QIC's very strong balance sheet, adequate operating performance, neutral business profile, and appropriate enterprise risk management. As a single parent captive, QIC provides workers' compensation, commercial auto, and general liability deductible reimbursement policies for Quanta Services and its affiliates.

Quanta Services (NYSE: PWR) has announced a quarterly cash dividend of $0.10 per share, which equates to an annual rate of $0.40 per share. The dividend will be paid on July 11, 2025, to stockholders who are recorded as of July 1, 2025. This dividend declaration demonstrates the company's commitment to returning value to shareholders through regular cash distributions.