Barrow Hanley discloses 5.24% Everus (ECG) position of 2,674,098 shares

Rhea-AI Filing Summary

Barrow Hanley Mewhinney & Strauss LLC, filing through Barrow Hanley Global Investors, reports beneficial ownership of 2,674,098 shares of Everus Construction Group common stock, equal to 5.24% of the class. The filer states it has sole voting and sole dispositive power over these shares and identifies itself as an investment adviser (IA). The filing certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. This disclosure is a routine, material institutional-ownership notice rather than an indication of a control transaction.

Positive

• Material institutional stake: Reporting ownership of 2,674,098 shares (5.24%) is above the 5% disclosure threshold.
• Sole voting and dispositive power: Filer reports exclusive authority to vote and dispose of the reported shares.
• Ordinary-course certification: The filer certifies the shares were acquired and are held in the ordinary course and not to change control.

Negative

• None.

Insights

Financial Analyst

Institutional investor holds a material 5.24% stake with sole control over voting and disposition; no stated intent to seek control.

The reported 2,674,098-share position meets the regulatory threshold that requires public disclosure and is large enough to be considered material for investor attention. Because the filer declares sole voting and dispositive power, the stake is straightforwardly attributable to the reporting entity. The certification that shares were acquired and are held in the ordinary course and not to influence control limits immediate corporate-governance implications. Overall, this is a material ownership disclosure but not a directional signal of activism or control change.

Corporate Governance Expert

A disclosed >5% ownership with sole voting power warrants governance monitoring but the filer denies intent to change control.

The filing confirms no group affiliation and no asserted purpose to affect control, which reduces short-term takeover or proxy-contest concerns. Nonetheless, a greater-than-5% institutional stake typically prompts governance teams and investors to watch for engagement on strategy, board composition, or performance. The explicit classification as an investment adviser and the ordinary-course certification suggest standard portfolio holdings rather than coordinated governance action at this time.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Everus Construction Group

(Name of Issuer)

Common Stock

(Title of Class of Securities)

300426103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 300426103

1

Names of Reporting Persons

BARROW HANLEY MEWHINNEY & STRAUSS LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,674,098.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,674,098.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,674,098.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.24 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Everus Construction Group
(b)	Address of issuer's principal executive offices: 1730 Burnt Boat Drive, Bismarck, North Dakota, 58503
Item 2.
(a)	Name of person filing: Barrow Hanley Global Investors
(b)	Address or principal business office or, if none, residence: 2200 Ross Avenue, 31st Floor Dallas, TX 75201
(c)	Citizenship: Delaware LLC
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 300426103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2674098
(b)	Percent of class: 5.24 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2674098
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2674098
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BARROW HANLEY MEWHINNEY & STRAUSS LLC

Signature:	Hannah Ackels
Name/Title:	BARROW HANLEY MEWHINNEY & STRAUSS LLC
Date:	08/12/2025

FAQ

Who filed the Schedule 13G for Everus Construction Group (ECG)?

The filing was made by Barrow Hanley Mewhinney & Strauss LLC through Barrow Hanley Global Investors.

How many Everus (ECG) shares does Barrow Hanley report owning?

The filer reports beneficial ownership of 2,674,098 shares of Everus common stock.

What percent of Everus (ECG) does the reported holding represent?

The reported position represents 5.24% of the class.

Does Barrow Hanley have voting or dispositive power over the shares?

Yes. The filer reports sole voting power and sole dispositive power over the reported shares.

Does the filing indicate the shares are held to influence control of Everus (ECG)?

No. The filing certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control.

How is the reporting person classified in the filing?

The reporting person is classified as an investment adviser (IA).