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Quanta Services beat Q1 earnings estimates, despite stock stake shifts by major investors.
Unified Investment Management reduced its holdings in Quanta Services, while Saxon Interests Inc. and Beaton Management Co. Inc. increased their stakes.
Quanta Services exceeded earnings expectations in Q1, reporting $1.78 per share, and analysts have rated the stock as a "Moderate Buy" with a price target of $349.65.
The company has a market cap of $56.10 billion and offers infrastructure solutions for various industries.
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Quanta Services superó las estimaciones de ganancias del primer trimestre, a pesar de los cambios en las acciones de los principales inversores.