Elser Financial Planning 13F: Exits Quanta Services (PWR) Stake

Elser Financial Planning has completely exited its position in Quanta Services, Inc. (NYSE: PWR) by selling all 302 shares it held in a filing on October 16, 2026. This move reflects a 100% decrease in its stake, selling out entirely.

What Changed in Elser Financial Planning's Quanta Services Position

Elser Financial Planning cut its position in Quanta Services by selling all 302 shares it owned. The reported value of this position has dropped to $0 following the sale.

Other Institutional Activity in Quanta Services

In recent filings, Blackrock Inc. reduced its holdings by 989,149 shares, now holding 13,061,264 shares valued at about $8.25 billion. Vanguard Capital Management LLC slightly increased its stake by 96,091 shares, bringing its total to 9,802,251 shares worth approximately $6.19 billion. Meanwhile, Vanguard Portfolio Management LLC added 56,344 shares, totaling 6,927,511 shares valued at about $4.38 billion. State Street Corporation increased its holdings by 296,659 shares, totaling 6,581,807 shares worth around $4.16 billion. JPMorgan Chase & Co. cut its position by 764,603 shares, holding now 5,308,495 shares valued at about $3.35 billion.

Quanta Services, Inc. Stock Down 4.4%

Quanta Services is currently trading at about $632.50, which is below its 50-day moving average of $651.13, indicating a potential short-term weakness. The stock is also about 19.8% off its 52-week high of $788.75 but is above its 52-week low of $404.51. The current price is also about 17.4% below the mean price target of $766.00 set by analysts.

Recent Earnings

Quanta Services reported a trailing twelve-month revenue of approximately $32.91 billion and earnings per share (EPS) of $8.73. The next earnings report is expected on October 29, 2026.

Insider Buying and Selling at Quanta Services, Inc.

Several insiders have sold shares recently. On November 6, 2025, Donald Charles Wayne, General Counsel, sold 14,000 shares, valued at about $6.21 million. Gerald A. Ducey Jr., an officer, sold 7,653 shares on the same date, totaling around $3.41 million. Earlier, on May 4, 2026, Officer Paul M. Nobel sold 4,000 shares, valued at about $3.03 million, and CEO Earl Charles Austin Jr. sold 155,992 shares, with a total value of approximately $120.22 million on May 5, 2026.

Analysts Set New Price Targets

On August 7, 2026, Keybanc upgraded its rating on Quanta Services to 'Overweight' with a price target of $807.00. Piper Sandler followed with an initiation of 'Overweight' on September 9, 2026, targeting $731.00. Bernstein upgraded its rating to 'Outperform' on September 24, 2026, with a target of $775.00. Piper Sandler later maintained its 'Overweight' rating with a target of $714.00 on September 28, 2026. Truist Securities maintained a 'Buy' rating with a target of $945.00 on October 5, 2026. The consensus recommendation remains 'strong buy' with a mean price target of $766.00 based on 29 analyst opinions.

About Quanta Services

Quanta Services, Inc. provides infrastructure solutions for various industries, including electric and gas utilities, power generation, and communications. The company's diversified operations position it well in a growing market. Elser Financial Planning's recent move indicates a shift away from Quanta Services, which could reflect broader market sentiments.

Bottom Line

Keep an eye on Quanta Services as it approaches its next earnings date on October 29, 2026. The recent exit from Elser Financial Planning highlights changing sentiments in institutional holdings. Remember, the 13F filing reflects positions as of the reporting period and may not represent current holdings.