28,796 Shares in Everus (NYSE:ECG) Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC purchased a new stake in shares of Everus (NYSE:ECG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 28,796 shares of the company’s stock, valued at approximately $1,893,000. Bleakley Financial Group LLC owned about 0.06% of Everus as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ECG. Hennessy Advisors Inc. bought a new position in Everus in the 4th quarter worth $31,611,000. Moody Aldrich Partners LLC acquired a new position in shares of Everus during the 4th quarter worth about $4,359,000. Register Financial Advisors LLC acquired a new stake in Everus in the 4th quarter valued at approximately $3,167,000. Calamos Advisors LLC bought a new position in Everus in the 4th quarter worth approximately $1,895,000. Finally, Swedbank AB acquired a new position in shares of Everus during the fourth quarter worth approximately $1,644,000.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ECG shares. Wolfe Research started coverage on shares of Everus in a research report on Tuesday, December 3rd. They set a “peer perform” rating on the stock. Oppenheimer increased their target price on shares of Everus from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Stifel Nicolaus boosted their price objective on Everus from $78.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, DA Davidson started coverage on shares of Everus in a research note on Monday, November 4th. They set a “neutral” rating and a $55.00 price target on the stock.

Everus Trading Down 0.4 %

Shares of NYSE:ECG opened at $70.42 on Friday. The company has a fifty day moving average of $68.61. Everus has a fifty-two week low of $40.05 and a fifty-two week high of $77.93. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47.

Everus (NYSE:ECG) last announced its earnings results on Wednesday, November 6th. The company reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $760.99 million for the quarter. Sell-side analysts predict that Everus will post 2.83 EPS for the current year.

Everus Company Profile

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.