Free Trial

Commonwealth Equity Services LLC Buys Shares of 32,377 Everus (NYSE:ECG)

Everus logo with Construction background
Remove Ads

Commonwealth Equity Services LLC purchased a new position in Everus (NYSE:ECG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 32,377 shares of the company's stock, valued at approximately $2,129,000. Commonwealth Equity Services LLC owned 0.06% of Everus at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ECG. Hennessy Advisors Inc. purchased a new stake in shares of Everus during the fourth quarter worth about $31,611,000. US Bancorp DE bought a new position in shares of Everus during the fourth quarter valued at approximately $28,332,000. Charles Schwab Investment Management Inc. purchased a new stake in Everus in the fourth quarter worth $27,031,000. Principal Financial Group Inc. purchased a new stake in shares of Everus in the 4th quarter worth about $16,241,000. Finally, Swiss National Bank bought a new stake in shares of Everus during the 4th quarter valued at about $6,266,000.

Insider Transactions at Everus

In other news, Director Edward A. Ryan bought 1,400 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average price of $38.02 per share, for a total transaction of $53,228.00. Following the completion of the purchase, the director now owns 14,928 shares in the company, valued at approximately $567,562.56. This represents a 10.35 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Maximillian J. Marcy purchased 1,300 shares of Everus stock in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average cost of $38.99 per share, with a total value of $50,687.00. Following the transaction, the chief financial officer now directly owns 5,508 shares of the company's stock, valued at $214,756.92. This represents a 30.89 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 3,750 shares of company stock valued at $153,853.

Remove Ads

Everus Trading Up 2.8 %

NYSE:ECG traded up $1.01 during mid-day trading on Monday, hitting $37.19. 705,725 shares of the company's stock were exchanged, compared to its average volume of 738,036. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50. Everus has a one year low of $33.90 and a one year high of $77.93. The company has a fifty day moving average price of $50.65.

Everus (NYSE:ECG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.06). As a group, analysts forecast that Everus will post 2.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ECG has been the subject of a number of research reports. Wolfe Research initiated coverage on shares of Everus in a research note on Tuesday, December 3rd. They issued a "peer perform" rating for the company. Stifel Nicolaus lowered their target price on Everus from $85.00 to $67.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Finally, Oppenheimer lifted their price target on Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th.

View Our Latest Stock Analysis on Everus

Everus Company 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.

See Also

Institutional Ownership by Quarter for Everus (NYSE:ECG)

Should You Invest $1,000 in Everus Right Now?

Before you consider Everus, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Everus wasn't on the list.

While Everus currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest in Today: Capitalizing on AI and Tech Trends in 2025 Cover

Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock

Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock

Is Marjorie Taylor Greene the next Nancy Pelosi when it comes to stock trading? After being appointed to the DOGE Committee, MTG made a significant Tesla stock purchase—raising questions about congres

Related Videos

Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads