EFG Asset Management Americas Corp. Takes $3.61 Million Position in Quanta Services, Inc. $PWR

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EFG Asset Management Americas Corp. has acquired a new position of 8,703 shares in Quanta Services, Inc. (NYSE:PWR) during the third quarter, valued at approximately $3.61 million. This move is part of a trend of institutional investors increasing their stakes in Quanta Services, which now has 90.49% institutional ownership. The construction company recently handily beat quarterly earnings and revenue estimates and received positive revisions to price targets from analysts, including Goldman Sachs, Citi, and Bank of America.

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