16,000 Shares in Everus Construction Group, Inc. $ECG Bought by Quantum Private Wealth LLC

Quantum Private Wealth LLC bought a new stake in Everus Construction Group, Inc. (NYSE:ECG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,000 shares of the company’s stock, valued at approximately $1,372,000.

Other institutional investors have also bought and sold shares of the company. Swedbank AB raised its position in shares of Everus Construction Group by 66.7% in the 3rd quarter. Swedbank AB now owns 500,000 shares of the company’s stock worth $42,875,000 after acquiring an additional 200,000 shares in the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of Everus Construction Group during the 2nd quarter valued at about $11,020,000. Clifford Capital Partners LLC acquired a new stake in Everus Construction Group during the second quarter worth approximately $8,660,000. Teacher Retirement System of Texas increased its holdings in Everus Construction Group by 121.5% in the second quarter. Teacher Retirement System of Texas now owns 244,178 shares of the company’s stock worth $15,513,000 after purchasing an additional 133,922 shares in the last quarter. Finally, Aberdeen Group plc bought a new stake in Everus Construction Group in the third quarter worth approximately $9,302,000.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ECG. Wall Street Zen cut Everus Construction Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. DA Davidson set a $102.00 target price on shares of Everus Construction Group in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Everus Construction Group in a research note on Thursday, January 22nd. Oppenheimer restated an “outperform” rating and issued a $105.00 price target on shares of Everus Construction Group in a report on Thursday, November 6th. Finally, Guggenheim assumed coverage on shares of Everus Construction Group in a report on Thursday, January 22nd. They set a “neutral” rating on the stock. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $102.75.

Everus Construction Group Price Performance

Shares of NYSE:ECG opened at $108.07 on Monday. The company has a quick ratio of 1.69, a current ratio of 1.76 and a debt-to-equity ratio of 0.47. Everus Construction Group, Inc. has a twelve month low of $31.38 and a twelve month high of $109.32. The stock’s 50 day moving average is $92.21 and its 200-day moving average is $87.33. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 30.62 and a beta of 3.84.

About Everus Construction Group

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.