This information is based on the latest SEC filings and provides insights into the recent activity of institutional investors in Quanta Services. **Key Takeaways:**

* **Candriam S.C.A. Reduced Holdings:** Candriam S.C.A., a prominent institutional investor, decreased its stake in Quanta Services by 4.3% during the second quarter. This reduction suggests a potential shift in their investment strategy or a change in their outlook on the company’s future prospects. * **Hedge Fund Activity:** The report highlights the activity of various hedge funds in the market for Quanta Services.

This insider sale comes amidst a period of significant growth for Quanta Services, with the company reporting record-breaking revenue and earnings in the recent quarter. This growth is attributed to several factors, including the expansion of its core business, the acquisition of new clients, and the successful execution of its strategic initiatives. The company’s recent financial performance has been particularly impressive, with revenue exceeding $1 billion for the first time in its history.

This move comes after a period of strong performance for Quanta Services, with the company’s stock price rising over 10% in the recent past. The research note from B. Riley highlights the company’s strong financial performance, particularly its impressive revenue growth and profitability.

Quanta Services, Inc. (PWR) stock experienced a slight decline of 1.4% on Friday, closing at $247.92. The company has demonstrated a significant price range in the past year, ranging from a low of $153.74 to a high of $286.87.

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Quanta Services, a leading provider of specialized services for the energy sector, recently announced a quarterly dividend. **Detailed Analysis:**
**1. Dividend Payment Date:**
– The dividend announcement came with a clear payment date: **Friday, October 11th**. – This date allows ample time for shareholders to receive their dividends. – **Historical dividend payments**: Quanta Services has a history of regular and timely dividend payments, demonstrating its commitment to shareholder value.

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