Franklin Resources Boosts Stake in Quanta Services

Investment firm increases holdings in construction company by 18.5%

Mar. 13, 2026 at 8:20am

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Franklin Resources Inc. has increased its stake in Quanta Services, Inc. (NYSE:PWR) by 18.5% in the third quarter, according to a recent SEC filing. The investment firm now owns 511,450 shares of the construction company's stock, worth $211,955,000 as of the end of the quarter.

Why it matters

Quanta Services is a leading specialty contractor that provides infrastructure solutions for the electric power, pipeline, energy, and communications markets. The increase in Franklin Resources' stake suggests the firm sees growth potential in Quanta's business and the broader construction industry.

The details

According to the filing, Franklin Resources purchased an additional 79,751 shares of Quanta Services during the third quarter, bringing its total holdings to 511,450 shares. This represents a 0.34% ownership stake in the company. Quanta Services has seen its stock price rise significantly over the past year as it benefits from increased infrastructure spending and the transition to renewable energy.

  • Franklin Resources increased its stake in Quanta Services during the third quarter of 2026.

The players

Franklin Resources Inc.

A global investment management organization that provides a wide range of investment products and services to institutional and individual investors around the world.

Quanta Services, Inc.

A leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets.

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The takeaway

The increase in Franklin Resources' stake in Quanta Services reflects the firm's confidence in the construction company's growth prospects, particularly in the areas of electric power grid modernization and renewable energy infrastructure.