Bank of Montreal Can Acquires 38,885 Shares of Quanta Services, Inc. $PWR

NodeGuardian · 2026-03-12T22:16:19+00:00

Bank of Montreal Can raised its Quanta Services stake by 15.5%, totaling 289,704 shares worth $120.06 million. Other investors also increased holdings. Quanta exceeded Q4 earnings, delivering $3.16 EPS, with a "Moderate Buy" rating and a target price of $576.55.

NodeGuardian

2026-03-12 22:16:19

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Bank of Montreal Can increased its stake in Quanta Services, Inc. by 15.5% in Q3, purchasing 38,885 additional shares to hold a total of 289,704 shares valued at approximately $120.06 million. Other institutional investors like Vanguard and Norges Bank also significantly increased their positions, contributing to Quanta Services’ approximately 90.49% institutional ownership. The company recently exceeded Q4 earnings expectations with $3.16 EPS and $7.84 billion in revenue, and analysts maintain a “Moderate Buy” rating with a consensus target price of $576.55.

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