Investment
Features
FeesSafety
Academy
More
Pluang+

Nordea trims Quanta Services stake by 14% amid strong earnings and positive analyst outlooks.

Market News
23 Mar 2026
Defense World
View Source
Neutral
pluang ai news

Nordea Investment Management reduced its holdings in Quanta Services by 14% in Q4, selling 87,294 shares but still holding over 535,000 shares worth $228 million. Despite this, Quanta Services reported strong Q4 earnings beating estimates, with revenue up nearly 20% year-over-year and raised its 2026 earnings guidance. Several analysts have upgraded the stock and increased price targets, reflecting confidence in the company's growth prospects. Quanta also announced a quarterly dividend, signaling financial health and shareholder returns.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App