Quanta Services (PWR), a frontrunner in the industrial sector, is receiving positive attention from analysts, investment firms, and hedge funds. The firm's shares have produced a
735% gain over the past five years. Experts project continuous robust growth into 2025, suggesting it is a strong long-term growth and momentum stock. There is an increase in holdings by entities such as Tidal Investments LLC, Geode Capital Management LLC and MML Investors Services LLC. An impressive Q3 2024 earnings release was announced alongside an 11.1% boost to the quarterly dividend. However, the Toronto Dominion Bank sold 22,447 PWR shares while Nomura Asset Management Co. Ltd decreased its stake. Other notable acquisitions include 9,733 shares by Second Line Capital LLC and a $888,000 investment by Brophy Wealth Management. The stock is also showcasing strong price strength, EPS growth and surpassed market returns. Meanwhile, concerns have been raised as insiders sold $67m in shares, signalizing potential weakness. Regardless, many still perceive Quanta Services as a prime growth stock and a top pick for energy investment.
Quanta Services PWR News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sat, 14 Dec 2024 13:46:12 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
