Man Group plc Invests $1.16 Million in Everus Construction Group, Inc. $ECG

Posted by Brian Himes on Sep 3rd, 2026

Man Group plc purchased a new position in shares of Everus Construction Group, Inc. (NYSE:ECG – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 7,009 shares of the company’s stock, valued at approximately $1,163,000.

A number of other hedge funds have also made changes to their positions in ECG. BlackRock Inc. purchased a new position in Everus Construction Group in the second quarter valued at about $1,094,243,000. Wasatch Advisors LP purchased a new stake in Everus Construction Group during the 4th quarter worth approximately $184,838,000. Northwestern Mutual Wealth Management Co. increased its holdings in Everus Construction Group by 147,209.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,260,973 shares of the company’s stock worth $107,889,000 after purchasing an additional 1,260,117 shares during the last quarter. Invesco Ltd. raised its position in shares of Everus Construction Group by 86.4% in the 3rd 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 in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Everus Construction Group by 109.9% in the 1st quarter. First Trust Advisors LP now owns 1,280,916 shares of the company’s stock valued at $151,225,000 after purchasing an additional 670,646 shares in the last quarter.

Insider Buying and Selling at Everus Construction Group

In other Everus Construction Group news, Director David M. Sparby bought 1,000 shares of the stock in a transaction on Monday, August 17th. The stock was purchased at an average price of $144.95 per share, for a total transaction of $144,950.00. Following the completion of the purchase, the director directly owned 19,658 shares in the company, valued at approximately $2,849,427.10. This trade represents a 5.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Paul R. Sanderson sold 3,300 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $136.69, for a total transaction of $451,077.00. Following the sale, the vice president owned 18,950 shares of the company’s stock, valued at approximately $2,590,275.50. The trade was a 14.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.33% of the company’s stock.

Everus Construction Group Trading Down 1.0%

NYSE:ECG opened at $112.51 on Thursday. The company has a quick ratio of 1.53, a current ratio of 1.59 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $133.48 and its two-hundred day moving average is $133.83. Everus Construction Group, Inc. has a 52 week low of $73.00 and a 52 week high of $171.58. The company has a market cap of $5.75 billion, a PE ratio of 22.64 and a beta of 2.29.

Everus Construction Group (NYSE:ECG – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.14 by $0.50. Everus Construction Group had a return on equity of 38.22% and a net margin of 5.96%.The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm earned $1.03 EPS. The business’s revenue was up 33.7% on a year-over-year basis. On average, analysts predict that Everus Construction Group, Inc. will post 5.25 EPS for the current year.

Analyst Ratings Changes

ECG has been the subject of a number of recent analyst reports. Cantor Fitzgerald decreased their price target on shares of Everus Construction Group from $174.00 to $152.00 and set a “neutral” rating for the company in a research report on Thursday, August 13th. DA Davidson began coverage on shares of Everus Construction Group in a report on Friday, August 21st. They issued a “buy” rating and a $168.00 price target on the stock. Zacks Research upgraded shares of Everus Construction Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. Stifel Nicolaus set a $172.00 price objective on shares of Everus Construction Group in a report on Friday, May 8th. Finally, Oppenheimer reissued an “outperform” rating and issued a $200.00 target price on shares of Everus Construction Group in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Everus Construction Group has an average rating of “Moderate Buy” and a consensus price target of $169.50.

Get Our Latest Analysis on Everus Construction Group

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.