Orion Porfolio Solutions LLC Sells 5,573 Shares of Quanta Services, Inc. $PWR

NodeGuardian · 2026-03-12T17:24:57+00:00

Orion Portfolio Solutions LLC decreased its stake in Quanta Services by 38.3%, retaining shares worth $3.72 million. Despite this, Quanta Services exceeded earnings expectations, prompting analysts to maintain a "Moderate Buy" consensus with a price target of $576.55.

NodeGuardian

2026-03-12 17:24:57

Abstract generation in progress

Orion Portfolio Solutions LLC reduced its stake in Quanta Services (NYSE:PWR) by 38.3% during the third quarter, selling 5,573 shares and retaining 8,971 shares valued at $3.72 million. This move comes as Quanta Services exceeded quarterly earnings and revenue expectations, reporting $3.16 EPS against an estimate of $3.02 and $7.84 billion in revenue, a 19.7% year-over-year increase. Analysts maintain a “Moderate Buy” consensus for PWR, with an average price target of $576.55, reflecting positive future outlooks despite the institutional selling.

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