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Quantbot Technologies LP Acquires New Holdings in Quanta Services, Inc. $PWR
Quantbot Technologies LP has acquired a new position in Quanta Services, Inc. (NYSE:PWR), purchasing 3,025 shares valued at approximately $1.25 million. This coincides with Quanta Services’ strong financial performance, beating quarterly earnings and revenue estimates, and favorable analyst ratings projecting a “Moderate Buy” with a consensus price target of $576.55. Institutional ownership in the construction company remains high at 90.49%, with several other funds also increasing their stakes.