PWR Shareholding Pattern Sees Significant Changes Amidst Institutional Buying and Selling
Quanta Services Inc. (PWR), a leading provider of infrastructure solutions for the energy and communications industries, has seen significant changes in its shareholding pattern over the past year. According to the latest data from Value Research, institutional investors have been actively buying and selling shares of PWR.
The largest shareholders of PWR include Vanguard Group Inc., State Street Corporation, JPMorgan Chase & Co., and FMR Inc. These institutions have held significant stakes in the company, with some having increased their holdings over the past year.
Notably, Vanguard Group Inc. has been a major buyer of PWR shares, increasing its stake from 10.86% to 11.01% between December 2022 and September 2023. Similarly, JPMorgan Chase & Co. has also increased its holdings, going from 4.17% to 2.94% during the same period.
On the other hand, some institutional investors have decreased their stakes in PWR, including BlackRock Inc., which reduced its holding from 8.25% to 8.23% between September 2022 and December 2023.