WINTON GROUP Ltd Has $18.34 Million Stock Holdings in Everus Construction Group, Inc. $ECG

WINTON GROUP Ltd trimmed its position in Everus Construction Group, Inc. (NYSE:ECG) by 8.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,509 shares of the company’s stock after selling 10,560 shares during the quarter. Everus Construction Group accounts for 0.6% of WINTON GROUP Ltd’s holdings, making the stock its 23rd largest holding. WINTON GROUP Ltd owned 0.22% of Everus Construction Group worth $18,339,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its stake in shares of Everus Construction Group by 9,475.7% during the first quarter. Fifth Third Bancorp now owns 32,653 shares of the company’s stock worth $3,855,000 after buying an additional 32,312 shares during the last quarter. First Trust Advisors LP lifted its stake 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 acquiring an additional 670,646 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new position in shares of Everus Construction Group in the 4th quarter valued at $393,000. GSA Capital Partners LLP acquired a new stake in shares of Everus Construction Group during the 4th quarter valued at $924,000. Finally, Sierra Summit Advisors LLC acquired a new stake in shares of Everus Construction Group during the 4th quarter valued at $808,000.

Insider Buying and Selling

In related news, Director David Sparby bought 1,000 shares of Everus Construction Group stock in a transaction that occurred on Monday, August 17th. The shares were acquired at an average cost of $144.95 per share, for a total transaction of $144,950.00. Following the completion of the acquisition, the director directly owned 19,658 shares of the company’s stock, valued at approximately $2,849,427.10. The trade was a 5.36% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Paul Sanderson sold 3,300 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $136.69, for a total value of $451,077.00. Following the completion of the sale, the vice president owned 18,950 shares in the company, valued at $2,590,275.50. The trade was a 14.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Guggenheim upped their target price on Everus Construction Group from $160.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Everus Construction Group in a research note on Tuesday, August 4th. Freedom Capital upgraded Everus Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Cantor Fitzgerald lowered their price objective on Everus Construction Group from $174.00 to $152.00 and set a “neutral” rating for the company in a research note on Thursday, August 13th. Finally, Zacks Research upgraded shares of Everus Construction Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $169.50.

Everus Construction Group Stock Performance

NYSE ECG opened at $117.56 on Thursday. The company has a market capitalization of $6.00 billion, a price-to-earnings ratio of 23.65 and a beta of 2.28. The company has a quick ratio of 1.53, a current ratio of 1.59 and a debt-to-equity ratio of 0.34. Everus Construction Group, Inc. has a twelve month low of $76.55 and a twelve month high of $171.58. The stock has a fifty day simple moving average of $129.32 and a 200 day simple moving average of $134.32.

Everus Construction Group (NYSE:ECG) last announced 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. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.08 billion. Everus Construction Group had a return on equity of 38.22% and a net margin of 5.96%.The business’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.03 EPS. Sell-side analysts expect that Everus Construction Group, Inc. will post 5.25 EPS for the current year.

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.