Sigma Planning Corp Takes $739,000 Position in Everus Construction Group, Inc. $ECG

Key Points

• Sigma Planning Corp initiated a new stake in Everus Construction Group (NYSE:ECG) of 8,640 shares in Q4, valued at approximately $739,000 according to its 13F filing.
• Several major institutions notably increased positions in ECG in Q1 — including Royal Bank of Canada (+155% to 48,839 shares, ~$1.81M), Millennium Management (244,421 shares, ~$9.07M) and Goldman Sachs (178,790 shares, ~$6.63M) — indicating meaningful institutional accumulation.
• Everus reported strong quarterly results (EPS $1.14 vs $0.81 est., revenue $1.04B, +25.4% YoY), the stock jumped ~11% and trades near its 52‑week high; analysts remain mixed with a consensus "Hold" (avg. target $126.33) while Guggenheim upgraded to "Buy" with a $160 target.

Sigma Planning Corp acquired a new stake in shares of Everus Construction Group, Inc. (NYSE:ECG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,640 shares of the company's stock, valued at approximately $739,000.

Several other large investors also recently made changes to their positions in ECG. Royal Bank of Canada boosted its position in shares of Everus Construction Group by 155.0% during the 1st quarter. Royal Bank of Canada now owns 48,839 shares of the company's stock valued at $1,811,000 after purchasing an additional 29,689 shares in the last quarter. Millennium Management LLC boosted its position in shares of Everus Construction Group by 42.7% during the 1st quarter. Millennium Management LLC now owns 244,421 shares of the company's stock valued at $9,066,000 after purchasing an additional 73,128 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Everus Construction Group by 74.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 178,790 shares of the company's stock valued at $6,631,000 after purchasing an additional 76,252 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Everus Construction Group by 33.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 140,397 shares of the company's stock valued at $5,207,000 after purchasing an additional 34,868 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Everus Construction Group by 184.4% during the 1st quarter. Jane Street Group LLC now owns 71,323 shares of the company's stock valued at $2,645,000 after purchasing an additional 46,247 shares in the last quarter.

Analyst Ratings Changes

ECG has been the subject of several research reports. Cantor Fitzgerald assumed coverage on shares of Everus Construction Group in a research report on Friday, January 23rd. They set a "neutral" rating and a $97.00 price objective for the company. Zacks Research downgraded shares of Everus Construction Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 27th. Weiss Ratings restated a "hold (c)" rating on shares of Everus Construction Group in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of Everus Construction Group from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 7th. Finally, Guggenheim raised shares of Everus Construction Group from a "neutral" rating to a "buy" rating and set a $160.00 price objective for the company in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $126.33.

Everus Construction Group Trading Up 11.4%

Everus Construction Group stock opened at $168.09 on Wednesday. The company has a 50 day moving average price of $123.61 and a 200 day moving average price of $102.93. Everus Construction Group, Inc. has a 52 week low of $43.86 and a 52 week high of $169.85. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.76. The firm has a market capitalization of $8.58 billion, a price-to-earnings ratio of 42.66 and a beta of 2.55.

Everus Construction Group (NYSE:ECG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.33. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $933.81 million. Everus Construction Group had a net margin of 5.39% and a return on equity of 37.06%. The company's revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the business posted $0.72 EPS. Research analysts forecast that Everus Construction Group, Inc. will post 4.1 EPS for the current year.

Everus Construction Group 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. Everus Construction Group is based in BISMARCK, N.D.

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