WINTON GROUP Ltd Invests $9.40 Million in Everus (NYSE:ECG)

WINTON GROUP Ltd bought a new stake in shares of Everus (NYSE:ECG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 142,940 shares of the company's stock, valued at approximately $9,398,000. Everus makes up 0.6% of WINTON GROUP Ltd's portfolio, making the stock its 26th biggest position. WINTON GROUP Ltd owned approximately 0.28% of Everus at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Prudential Financial Inc. purchased a new position in shares of Everus during the 4th quarter valued at $3,957,000. Vanguard Group Inc. acquired a new position in Everus in the 4th quarter worth about $365,965,000. LPL Financial LLC purchased a new stake in shares of Everus during the 4th quarter worth about $2,852,000. Sei Investments Co. acquired a new stake in shares of Everus during the 4th quarter valued at about $2,124,000. Finally, American Century Companies Inc. bought a new stake in shares of Everus in the 4th quarter valued at approximately $49,650,000.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Wolfe Research initiated coverage on shares of Everus in a research note on Tuesday, December 3rd. They set a "peer perform" rating on the stock. Oppenheimer raised their target price on Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, Stifel Nicolaus decreased their price target on Everus from $85.00 to $67.00 and set a "buy" rating for the company in a research note on Thursday, February 13th.

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Insider Transactions at Everus

In other Everus news, Director Edward A. Ryan purchased 1,400 shares of the stock in a transaction on Tuesday, February 25th. The shares were purchased at an average price of $38.02 per share, with a total value of $53,228.00. Following the acquisition, the director now directly owns 14,928 shares of the company's stock, valued at $567,562.56. This represents a 10.35 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Rocca Michael Della acquired 1,050 shares of Everus stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of $47.56 per share, with a total value of $49,938.00. Following the completion of the acquisition, the director now directly owns 2,027 shares in the company, valued at $96,404.12. This trade represents a 107.47 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 3,750 shares of company stock worth $153,853 over the last three months.

Everus Price Performance

Shares of NYSE ECG traded down $0.08 during trading hours on Monday, hitting $36.11. 110,561 shares of the stock were exchanged, compared to its average volume of 744,810. Everus has a one year low of $33.90 and a one year 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. The business's 50 day moving average is $51.30.

Everus (NYSE:ECG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.06). On average, sell-side analysts predict that Everus will post 2.49 EPS for the current year.

About Everus

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.