Summit Wealth Group LLC Co. Invests $329,000 in Everus Construction Group, Inc. $ECG

Posted by on May 14th, 2026

Summit Wealth Group LLC Co. purchased a new position in shares of Everus Construction Group, Inc. (NYSE:ECG – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,843 shares of the company’s stock, valued at approximately $329,000.

A number of other large investors also recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Everus Construction Group by 151.9% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 11,774 shares of the company’s stock valued at $1,007,000 after purchasing an additional 7,100 shares during the period. Swiss Life Asset Management Ltd bought a new stake in Everus Construction Group in the fourth quarter valued at $372,000. Sequoia Financial Advisors LLC bought a new stake in Everus Construction Group in the fourth quarter valued at $222,000. Equitable Trust Co. grew its position in Everus Construction Group by 33.9% in the fourth quarter. Equitable Trust Co. now owns 3,804 shares of the company’s stock valued at $325,000 after acquiring an additional 963 shares during the period. Finally, Truist Financial Corp grew its position in Everus Construction Group by 24.7% in the fourth quarter. Truist Financial Corp now owns 5,396 shares of the company’s stock valued at $462,000 after acquiring an additional 1,068 shares during the period.

Everus Construction Group Price Performance

Shares of ECG stock opened at $160.85 on Thursday. The stock’s fifty day moving average is $128.99 and its 200-day moving average is $106.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.71 and a current ratio of 1.77. The stock has a market capitalization of $8.21 billion, a PE ratio of 36.89 and a beta of 2.55. Everus Construction Group, Inc. has a 52 week low of $55.31 and a 52 week high of $171.58.

Everus Construction Group (NYSE:ECG – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.81 by $0.33. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $933.81 million. Everus Construction Group had a return on equity of 37.17% and a net margin of 5.65%.The business’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.72 earnings per share. Equities research analysts expect that Everus Construction Group, Inc. will post 4.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ECG shares. Oppenheimer upped their price target on Everus Construction Group from $120.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. DA Davidson restated a “neutral” rating and set a $102.00 target price on shares of Everus Construction Group in a report on Wednesday, February 25th. Weiss Ratings upgraded Everus Construction Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Cantor Fitzgerald increased their target price on Everus Construction Group from $115.00 to $174.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Guggenheim upgraded 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. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Everus Construction Group currently has an average rating of “Hold” and an average price target of $154.83.

Read Our Latest Analysis on ECG

Everus Construction Group 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.

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Institutional Ownership by Quarter for Everus Construction Group (NYSE:ECG)

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