Empowered Funds LLC Invests $110,000 in Everus (NYSE:ECG)

Empowered Funds LLC bought a new position in shares of Everus (NYSE:ECG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,678 shares of the company’s stock, valued at approximately $110,000.

A number of other large investors also recently made changes to their positions in ECG. Crews Bank & Trust acquired a new stake in shares of Everus in the 4th quarter valued at $29,000. Mendota Financial Group LLC acquired a new stake in shares of Everus in the 4th quarter valued at $36,000. KBC Group NV acquired a new stake in shares of Everus in the 4th quarter valued at $150,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Everus in the 4th quarter valued at $292,000. Finally, Apollon Wealth Management LLC acquired a new stake in shares of Everus during the 4th quarter valued at $311,000.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ECG shares. DA Davidson started coverage on Everus in a report on Monday, November 4th. They set a “neutral” rating and a $55.00 price objective on the stock. Wolfe Research started coverage on Everus in a report on Tuesday, December 3rd. They set a “peer perform” rating on the stock. Oppenheimer raised their price objective 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 cut their price objective on Everus from $85.00 to $67.00 and set a “buy” rating on the stock in a report on Thursday, February 13th.

Everus Price Performance

Shares of ECG opened at $43.60 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50. The business’s 50 day moving average is $65.84. Everus has a 52 week low of $40.05 and a 52 week high of $77.93.

Everus (NYSE:ECG) last issued 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, equities analysts anticipate that Everus will post 2.49 earnings per share for the current year.

Insider Buying and Selling at Everus

In other Everus news, Director Rocca Michael Della acquired 1,050 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $47.56 per share, for a total transaction of $49,938.00. Following the completion of the transaction, the director now owns 2,027 shares of the company’s stock, valued at approximately $96,404.12. This represents a 107.47 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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.