Barrow Hanley Mewhinney & Strauss LLC Reduces Stake in Everus Construction Group

Investment firm sells over 275,000 shares of the construction company's stock

Mar. 11, 2026 at 7:33am

Barrow Hanley Mewhinney & Strauss LLC, a major institutional investor, has reduced its stake in Everus Construction Group, Inc. (NYSE: ECG) by 9.4% during the third quarter. The firm sold 275,242 shares, leaving it with 2,665,008 shares, or about 5.22% ownership of the construction company.

Why it matters

This sale by a prominent investment management firm could signal a shift in sentiment around Everus Construction Group, which has seen its stock price fluctuate in recent quarters. The company's performance and outlook will be closely watched by investors in the coming period.

The details

According to a regulatory filing, Barrow Hanley Mewhinney & Strauss LLC sold the 275,242 shares of Everus Construction Group during the third quarter. The firm now owns approximately 2.67 million shares, or 5.22% of the company's outstanding stock, down from its previous 5.76% stake.

  • The share sale occurred during the third quarter of the company's fiscal year.

The players

Barrow Hanley Mewhinney & Strauss LLC

A major institutional investment management firm that has reduced its stake in Everus Construction Group.

Everus Construction Group, Inc.

A construction company based in Bismarck, North Dakota that provides electrical, mechanical, and transmission and distribution services.

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The takeaway

This transaction by a prominent investment manager suggests potential uncertainty around Everus Construction Group's near-term prospects, though the company's long-term fundamentals may still be viewed positively by some analysts and investors.