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Gamco Investors Reduces Stake in Everus Construction Group
Hedge fund lowers position in construction company by 18.9% in Q3
Published on Mar. 9, 2026
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Gamco Investors INC. ET AL lowered its position in Everus Construction Group, Inc. (NYSE:ECG) by 18.9% in the 3rd quarter, according to a disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,791 shares of the company's stock after selling 17,383 shares during the period.
Why it matters
This filing provides insight into the investment strategies of Gamco Investors, a prominent hedge fund, and their view on the prospects of Everus Construction Group, a major player in the construction industry.
The details
Gamco Investors INC. ET AL reduced its stake in Everus Construction Group by selling 17,383 shares in the third quarter. The firm now owns 74,791 shares, or about 0.15% of the company's outstanding stock, worth approximately $6.4 million. Other hedge funds, including Bank of Montreal Can, Gabelli Funds LLC, and Beacon Pointe Advisors LLC, have also adjusted their positions in Everus Construction Group during the same period.
- Gamco Investors INC. ET AL lowered its position in Everus Construction Group in the 3rd quarter of 2026.
The players
Gamco Investors INC. ET AL
A prominent hedge fund that has adjusted its position in Everus Construction Group.
Everus Construction Group, Inc.
A construction company traded on the New York Stock Exchange under the ticker symbol ECG.
The takeaway
This filing highlights the ongoing shifts in institutional investment strategies and the market's perception of Everus Construction Group's performance and future prospects.
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