Gabelli Funds LLC Sells 10,707 Shares of Everus Construction Group, Inc. $ECG

Posted by Brenda Bartman on Jul 28th, 2026

Gabelli Funds LLC lessened its position in shares of Everus Construction Group, Inc. (NYSE:ECG – Free Report) by 17.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 51,668 shares of the company’s stock after selling 10,707 shares during the quarter. Gabelli Funds LLC’s holdings in Everus Construction Group were worth $6,100,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ECG. Arrowstreet Capital Limited Partnership lifted its position in shares of Everus Construction Group by 22.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 109,759 shares of the company’s stock worth $12,958,000 after purchasing an additional 20,033 shares during the period. Sei Investments Co. boosted its stake in shares of Everus Construction Group by 27.1% in the 1st quarter. Sei Investments Co. now owns 181,374 shares of the company’s stock valued at $21,413,000 after purchasing an additional 38,647 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Everus Construction Group by 47.7% during the first quarter. Cetera Investment Advisers now owns 36,349 shares of the company’s stock worth $4,291,000 after buying an additional 11,745 shares during the period. First Trust Advisors LP increased its position in shares of Everus Construction Group by 109.9% during the first quarter. First Trust Advisors LP now owns 1,280,916 shares of the company’s stock worth $151,225,000 after buying an additional 670,646 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Everus Construction Group by 6.8% during the first quarter. PNC Financial Services Group Inc. now owns 8,902 shares of the company’s stock worth $1,051,000 after buying an additional 564 shares during the last quarter.

Analyst Ratings Changes

Several research firms recently issued reports on ECG. Guggenheim upgraded shares of Everus Construction Group from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a report on Thursday, April 30th. Weiss Ratings raised Everus Construction Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Stifel Nicolaus set a $172.00 price objective on Everus Construction Group in a research report on Friday, May 8th. Cantor Fitzgerald boosted their price objective on Everus Construction Group from $115.00 to $174.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Finally, Glj Research initiated coverage on Everus Construction Group in a research report on Monday, April 20th. They set a “hold” rating and a $141.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.67.

Read Our Latest Analysis on ECG

Everus Construction Group Stock Performance

Shares of ECG stock opened at $127.27 on Tuesday. The firm has a 50 day moving average of $146.43 and a 200-day moving average of $127.10. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 29.19 and a beta of 2.23. The company has a quick ratio of 1.71, a current ratio of 1.77 and a debt-to-equity ratio of 0.38. Everus Construction Group, Inc. has a 52 week low of $68.51 and a 52 week high of $171.58.

Everus Construction Group (NYSE:ECG – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.33. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $933.81 million. Everus Construction Group had a net margin of 5.65% and a return on equity of 37.17%. Everus Construction Group’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.72 EPS. On average, equities analysts forecast that Everus Construction Group, Inc. will post 4.39 earnings per share for the current year.

Everus Construction Group Company Profile

(Free Report)

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers. Everus Construction Group is based in BISMARCK, N.D.