Everus Construction Group, Inc. $ECG Shares Acquired by First Trust Advisors LP

Posted by Stanley Muller on Jul 24th, 2026

First Trust Advisors LP increased its position in shares of Everus Construction Group, Inc. (NYSE:ECG – Free Report) by 109.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,280,916 shares of the company’s stock after buying an additional 670,646 shares during the period. First Trust Advisors LP’s holdings in Everus Construction Group were worth $151,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wasatch Advisors LP acquired a new stake in shares of Everus Construction Group during the fourth quarter valued at about $184,838,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Everus Construction Group by 147,209.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,260,973 shares of the company’s stock worth $107,889,000 after acquiring an additional 1,260,117 shares in the last quarter. Invesco Ltd. boosted its holdings in Everus Construction Group by 86.4% in the third quarter. Invesco Ltd. now owns 1,795,730 shares of the company’s stock valued at $153,984,000 after purchasing an additional 832,389 shares during the last quarter. Millennium Management LLC boosted its holdings in Everus Construction Group by 162.2% in the fourth quarter. Millennium Management LLC now owns 642,250 shares of the company’s stock valued at $54,951,000 after purchasing an additional 397,268 shares during the last quarter. Finally, Merewether Investment Management LP acquired a new stake in Everus Construction Group during the 3rd quarter valued at approximately $24,842,000.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ECG. Zacks Research upgraded Everus Construction Group from a “hold” rating to a “strong-buy” rating in a report on Monday, June 15th. Glj Research began coverage on Everus Construction Group in a research note on Monday, April 20th. They set a “hold” rating and a $141.00 target price for the company. Freedom Capital downgraded shares of Everus Construction Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Guggenheim upgraded shares of Everus Construction Group from a “neutral” rating to a “buy” rating and set a $160.00 price target for the company in a research note on Thursday, April 30th. Finally, Oppenheimer began coverage on shares of Everus Construction Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $185.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Everus Construction Group has a consensus rating of “Moderate Buy” and a consensus price target of $155.67.

Read Our Latest Research Report on Everus Construction Group

Everus Construction Group Stock Up 0.9%

Shares of Everus Construction Group stock opened at $138.20 on Friday. The business has a 50-day moving average price of $147.39 and a 200 day moving average price of $126.56. Everus Construction Group, Inc. has a fifty-two week low of $67.80 and a fifty-two week high of $171.58. The firm has a market cap of $7.05 billion, a P/E ratio of 31.70 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 (NYSE:ECG – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.14 EPS for the quarter, topping 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 return on equity of 37.17% and a net margin of 5.65%.Everus Construction Group’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 EPS. On average, sell-side analysts forecast that Everus Construction Group, Inc. will post 4.39 earnings per share for the current fiscal year.

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.