Bank of Montreal Can Boosts Quanta Services Stake by 15.5%

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Bank of Montreal Can, an institutional investor, increased its holdings in Quanta Services, Inc. (NYSE:PWR) by 15.5% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investor now owns 289,704 shares of the construction company's stock, worth approximately $120 million.

Why it matters

Quanta Services is a leading specialty contractor that provides infrastructure solutions for the electric power, pipeline, energy, and communications markets. The increase in Bank of Montreal Can's stake suggests the investor sees continued growth potential in the company.

The details

According to the 13F filing, Bank of Montreal Can bought an additional 38,885 shares of Quanta Services during the third quarter, bringing its total ownership to approximately 0.19% of the company's outstanding shares. Quanta Services has seen its stock price rise significantly over the past year, driven by strong demand for its services in the infrastructure and energy sectors.

• Bank of Montreal Can filed the 13F report disclosing the increased stake in Quanta Services on March 12, 2026.
• The additional 38,885 shares were purchased by Bank of Montreal Can during the third quarter of 2025.