Do You Believe in Quanta Services' (PWR) Emerging Revenue Streams?

Scout Investments, Inc., an affiliate of Carillon Tower Advisers, released the “Carillon Scout Mid Cap Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The Russell Midcap Index posted positive returns in the second quarter despite a sharp sell-off at the beginning of April following the liberation Day tariff announcement. However, the delay in collecting additional tariffs provided more time for trading partners to negotiate better terms.   In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Carillon Scout Mid Cap Fund highlighted stocks such as Quanta Services, Inc. (NYSE:PWR). Quanta Services, Inc. (NYSE:PWR) provides infrastructure solutions for the electric and gas utility, renewable energy, communications, pipeline, and energy industries. The one-month return of Quanta Services, Inc. (NYSE:PWR) was -4.62%, and its shares gained 49.37% of their value over the last 52 weeks. On September 09, 2025, Quanta Services, Inc. (NYSE:PWR) stock closed at $373.47 per share, with a market capitalization of $55.649 billion.

Carillon Scout Mid Cap Fund stated the following regarding Quanta Services, Inc. (NYSE:PWR) in its second quarter 2025 investor letter:

"Quanta Services, Inc. (NYSE:PWR) provides infrastructure solutions to leading energy developers and large multi state utilities. Quanta is winning new business tied to the build out of AI power infrastructure as well as marquee renewable energy projects. The onshoring of manufacturing capacity and growth in electric vehicles are also driving increased electricity demand. There are several large transmission projects that Quanta is constructing, which we expect should provide revenue growth for years to come."

Quanta Services, Inc. (NYSE:PWR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Quanta Services, Inc. (NYSE:PWR) at the end of the second quarter, which was 75 in the previous quarter. In the second quarter of 2025, Quanta Services, Inc. (NYSE:PWR) reported strong results with revenues of $6.8 billion, net income attributable to common stock of $229 million, adjusted diluted earnings per share of $2.48 and adjusted EBITDA of $669 million. While we acknowledge the potential of Quanta Services, Inc. (NYSE:PWR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Quanta Services, Inc. (NYSE:PWR) and shared the list of stocks Jim Cramer recently discussed. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.