American Century Companies Inc. Sells Shares of Everus Construction Group

Investment firm reduces stake in construction company

Published on Mar. 8, 2026

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American Century Companies Inc. cut its position in Everus Construction Group, Inc. (NYSE:ECG) by 8.2% in the 3rd quarter, according to a recent filing with the Securities and Exchange Commission. The institutional investor owned 413,635 shares of the company's stock after selling 37,105 shares.

Why it matters

This filing provides insight into the investment strategies of American Century Companies, a major institutional investor. The reduction in their Everus Construction Group holdings could signal a shift in their outlook on the company or the broader construction industry.

The details

American Century Companies Inc. sold 37,105 shares of Everus Construction Group, reducing its total stake to 413,635 shares. This represented 0.81% ownership of the company. The sale occurred in the third quarter of the year.

  • The share sale took place in the 3rd quarter of the year.

The players

American Century Companies Inc.

An American investment management firm that oversees over $200 billion in assets.

Everus Construction Group, Inc.

A construction company that provides electrical, mechanical, and transmission and distribution services primarily in the United States.

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The takeaway

This filing indicates that a major institutional investor has reduced its position in Everus Construction Group, potentially signaling a shift in sentiment around the company or the broader construction industry. Investors will likely watch to see if other large firms follow suit or if American Century Companies continues to trim its stake further.