126,157 SOLV Energy Inc. $MWH Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA boosted its position in shares of SOLV Energy Inc. (NASDAQ:MWH) by 25.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 623,440 shares of the company’s stock after acquiring an additional 126,157 shares during the period. Pictet Asset Management Holding SA’s holdings in SOLV Energy were worth $14,975,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. American Securities LLC bought a new stake in shares of SOLV Energy in the 2nd quarter worth approximately $2,823,440,000. Ninety One UK Ltd increased its position in shares of SOLV Energy by 422.7% during the third quarter. Ninety One UK Ltd now owns 1,532,243 shares of the company’s stock valued at $36,804,000 after purchasing an additional 1,239,122 shares during the period. Neumeier Poma Investment Counsel LLC bought a new stake in shares of SOLV Energy during the second quarter valued at approximately $18,320,262. CenterBook Partners LP raised its stake in shares of SOLV Energy by 91.0% in the third quarter. CenterBook Partners LP now owns 360,533 shares of the company’s stock valued at $8,660,000 after purchasing an additional 171,743 shares in the last quarter. Finally, Ninety One North America Inc. raised its stake in shares of SOLV Energy by 317.4% in the third quarter. Ninety One North America Inc. now owns 283,807 shares of the company’s stock valued at $6,817,000 after purchasing an additional 215,812 shares in the last quarter.

Key Headlines Impacting SOLV Energy

Investors following MWH have been watching these headlines:

• Positive Sentiment: SOLV expects 2026 revenue of $4.03 billion to $4.12 billion, above FactSet’s $3.93 billion estimate. The higher outlook is a positive signal for expected business growth. SOLV Energy 2026 revenue outlook
• Positive Sentiment: Q3 revenue climbed 64.9% year over year to $1.242 billion, while net income rose to $123 million from $70 million a year earlier. SOLV Energy Q3 2026 results
• Negative Sentiment: Quarterly EPS was $0.53, below the $0.59 analyst consensus. Margins also narrowed: gross margin declined to 17.8% from 19.7%, and adjusted EBITDA margin fell to 13.9% from 16.1%. The earnings shortfall and margin pressure may temper the positive revenue and outlook news. SOLV Energy Q3 2026 earnings recap

SOLV Energy Stock Performance

Shares of MWH stock opened at $26.78 on Friday. The stock’s fifty day simple moving average is $24.97 and its 200 day simple moving average is $30.17. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.07. SOLV Energy Inc. has a one year low of $20.30 and a one year high of $48.40.

SOLV Energy (NASDAQ:MWH) last announced its quarterly earnings results on Thursday, November 12th. The company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.06). The business had revenue of $1.24 billion during the quarter. SOLV Energy’s quarterly revenue was up 64.9% on a year-over-year basis. On average, equities analysts anticipate that SOLV Energy Inc. will post 1.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MWH has been the subject of several research reports. KeyCorp reduced their target price on SOLV Energy from $43.00 to $35.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Zacks Research downgraded shares of SOLV Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Weiss Ratings cut shares of SOLV Energy from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, September 25th. Robert W. Baird reduced their price objective on shares of SOLV Energy from $50.00 to $42.00 and set an “outperform” rating for the company in a report on Friday, August 14th. Finally, TD Cowen lifted their target price on shares of SOLV Energy from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, SOLV Energy has a consensus rating of “Moderate Buy” and a consensus price target of $38.55.

SOLV Energy Profile

SOLV Energy is a U.S. renewable energy contractor that develops, builds and maintains utility-scale solar power and battery storage projects. Its services include engineering, procurement and construction, as well as operations and maintenance for energy facilities. The company serves customers across the United States, supporting projects from construction through ongoing operation. Its business also includes work on related electrical infrastructure. SOLV Energy traces its roots to Swinerton Renewable Energy, which became an independent company under the SOLV Energy name in 2021.