SOLV Energy Inc. $MWH Stock: Pictet Asset Management Holding SA Grows Stake

Pictet Asset Management Holding SA increased its stake in shares of SOLV Energy Inc. (NASDAQ:MWH) by 25.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 623,440 shares of the company’s stock after acquiring an additional 126,157 shares during the period. Pictet Asset Management Holding SA owned 0.31% of SOLV Energy worth $14,975,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in SOLV Energy by 4,255.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,263 shares of the company’s stock worth $30,000 after purchasing an additional 1,234 shares during the last quarter. WPG Advisers LLC bought a new position in shares of SOLV Energy in the third quarter valued at approximately $32,000. Continuum Advisory LLC bought a new position in shares of SOLV Energy in the second quarter valued at approximately $142,000. State of Alaska Department of Revenue acquired a new stake in shares of SOLV Energy in the third quarter worth $154,000. Finally, Arizona State Retirement System acquired a new stake in shares of SOLV Energy in the second quarter worth $222,000.

SOLV Energy Price Performance

Shares of MWH stock opened at $26.78 on Friday. SOLV Energy Inc. has a 12 month low of $20.30 and a 12 month high of $48.40. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.07. The stock has a 50 day moving average of $24.97 and a 200-day moving average of $30.17.

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

Analyst Ratings Changes

Several research firms recently issued reports on MWH. KeyCorp decreased their price objective on shares of SOLV Energy from $43.00 to $35.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $42.00 target price on shares of SOLV Energy in a report on Friday, August 14th. TD Cowen boosted their target price on shares of SOLV Energy from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Weiss Ratings cut shares of SOLV Energy from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, September 25th. Finally, Robert W. Baird decreased their price target 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. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $38.55.

Key Headlines Impacting SOLV Energy

These are some of the MWH headlines that stood out recently:

• 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

About SOLV Energy

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.