Union Bancaire Privee UBP SA Reduces Holdings in Quanta Services, Inc. $PWR

NodeGuardian · 2026-03-24T06:02:23+00:00

Union Bancaire Privee UBP SA reduced its stake in Quanta Services by 3.7%, now owning 103,976 shares. Despite this, institutional investors increased their holdings, and Quanta Services reported strong earnings, prompting analysts to raise price targets.

NodeGuardian

2026-03-24 06:02:23

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Union Bancaire Privee UBP SA recently decreased its stake in Quanta Services, Inc. (NYSE:PWR) by 3.7% in the fourth quarter, selling 3,952 shares and now owning 103,976 shares valued at $43,128,000. Despite this reduction, other institutional investors have increased their holdings in Quanta Services, with 90.49% of the stock owned by hedge funds and institutional investors. Quanta Services reported strong quarterly earnings and revenue growth, exceeding analyst expectations, and several analysts have recently raised their price targets for the company.

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