Wasatch Advisors Adds $128M in Everus Construction Group, Inc. ($ECG)
Key Points
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Wasatch Advisors increased its position in Everus Construction Group, Inc. ($ECG) by 39.67% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,017,249 shares of Everus Construction Group, Inc. after buying 856,912 shares during the quarter. Wasatch Advisors's holdings in Everus Construction Group, Inc. were worth $449.06 million as of its most recent filing.
Everus Construction Group, Inc. Stock Up 28.6%
Shares of Everus Construction Group, Inc. ($ECG) traded around $148.83 on Saturday, up 28.6% for the day.
Everus Construction Group, Inc. Earnings
Analysts Set New Price Targets
About Everus Construction Group, Inc.
Everus Construction Group, Inc. provides contracting services in the United States. It operates through two segments, Electrical & Mechanical and Transmission & Distribution. The Electrical & Mechanical segment provides construction and maintenance services of electrical and communication wiring, and infrastructure; fire suppression systems; and renewables infrastructure and mechanical piping services in public and private sectors. The Transmission & Distribution segment offers construction and maintenance of overhead and underground electrical, gas, and communication infrastructure and transportation related lighting, as well as design, manufacturing, and distribution of overhead and underground transmission line construction equipment and tools. It serves utilities, manufacturing, transportation, commercial, industrial, institutional, renewables, and governmental customers. The company was incorporated in 2024 and is headquartered in Bismarck, North Dakota. Everus Construction Group, Inc. was formerly a subsidiary of MDU Resources Group, Inc.
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