Everus Starts 2026 Guidance as Wasatch Buys $185 Million Stake
Everus Construction Group reported fourth-quarter and full-year 2025 results and initiated preliminary guidance for 2026. Wasatch Advisors acquired 2,160,337 shares, boosting its quarter-end position value by $184.84 million and contributing to a 100% year-over-year stock gain.
1. Fourth-Quarter and Full-Year 2025 Results
Everus Construction Group disclosed financial results for its fourth quarter and full year 2025, highlighting revenue growth and profitability metrics that aligned with its targets. The company initiated preliminary guidance for 2026, projecting revenue increases and margin improvements driven by an expanded project backlog.
2. Wasatch Advisors’ $185 Million Stake
During the fourth quarter, Wasatch Advisors purchased 2,160,337 shares of Everus, raising its quarter-end position value by $184.84 million. This new holding underscores institutional confidence in Everus’s growth trajectory and now represents one of its largest shareowner stakes.
3. Stock Performance and Investor Impact
Everus stock has doubled over the past year, supported by solid financial results and high-profile fund endorsements. The combination of robust guidance and significant institutional investment may sustain upward momentum and attract additional investors.