Everus Stock Up 100% in a Year as One Fund Discloses New $185 Million Stake

3 weeks ago 12

Jonathan Ponciano, The Motley Fool

Tue, February 24, 2026 astatine 11:27 AM CST 4 min read

Wasatch Advisors disclosed a caller involvement successful Everus Construction Group (NYSE:ECG) successful its February 12, 2026, SEC filing, acquiring 2,160,337 shares worthy $184.84 million.

According to a Securities and Exchange Commission (SEC) filing dated February 12, 2026, Wasatch Advisors established a caller presumption successful Everus Construction Group (NYSE:ECG), acquiring 2,160,337 shares. The quarter-end worth of the involvement totaled $184.84 million, reflecting some the acquisition and banal terms shifts during the period.

This is simply a caller presumption for Wasatch Advisors LP, accounting for 1.1% of the fund’s 13F assets nether absorption arsenic of December 31, 2025.
Top holdings aft the filing:
- NASDAQ: HQY: $603.68 cardinal (3.6% of AUM)
- NASDAQ: ENSG: $494.48 cardinal (2.9% of AUM)
- NYSE: RBC: $449.93 cardinal (2.7% of AUM)
- NASDAQ: NVMI: $439.43 cardinal (2.6% of AUM)
- NYSE: FOUR: $426.87 cardinal (2.5% of AUM)
As of February 12, 2026, Everus Construction Group shares were priced astatine $101.27, up astir 100% implicit the past twelvemonth and importantly outperforming the S&P 500’s astir 13% summation successful the aforesaid period.

Metric

Value

Market capitalization	$5.17 billion
Revenue (TTM)	$3.49 billion
Net income (TTM)	$180.96 million
Price (as of marketplace adjacent 2026-02-12)	$101.27

Everus Construction Group provides inferior operation services, including electrical enactment and pipeline construction, wrong electrical wiring and cabling, mechanical services, and specialty instrumentality manufacturing and distribution.
The steadfast generates gross done large-scale infrastructure projects, instrumentality sales, and ongoing attraction and installation contracts successful the inferior and operation sectors.
It serves inferior companies, concern clients, and commercialized customers, with a absorption connected the U.S. Midwest and cardinal metropolitan regions specified arsenic Las Vegas and Reno.

Everus Construction Group, Inc. operates astatine standard wrong the engineering and operation industry, with a diversified work offering that spans inferior infrastructure, specialty equipment, and maintenance. The company's strategy emphasizes integrated solutions for analyzable inferior and concern projects, leveraging expertise successful some operation and manufacturing. This diversified attack provides a competitory borderline successful securing semipermanent contracts and recurring gross streams from large inferior and commercialized clients.

Momentum unsocial does not warrant conviction, but Everus has fundamentals to backmost up its surging banal price, and that is what makes this determination interesting.

Everus precocious posted 3rd 4th gross of $986.8 million, up 30% twelvemonth implicit year, with EBITDA climbing 36.9% to $89.0 cardinal and margins expanding to 9.0%. Backlog sits astatine $2.95 billion, up 6% from twelvemonth end, and absorption lifted afloat twelvemonth guidance to arsenic overmuch arsenic $3.65 cardinal successful gross and $300 cardinal successful EBITDA.

The banal has already doubled implicit the past year, truthful this is not a heavy worth play. But wrong a portfolio that tilts toward growth-oriented healthcare and exertion names, a profitable infrastructure contractor with rising margins and debased leverage adds a antithetic benignant of cyclical exposure.

For semipermanent investors, the cardinal question is durability. Data halfway and inferior request are driving results today. If backlog converts efficiently and superior subject remains intact, net powerfulness could inactive compound from here. Just admit that successful construction, execution, and timing substance arsenic overmuch arsenic demand. The adjacent cardinal catalyst is Wednesday, erstwhile fourth-quarter net are owed out.

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