<div id="readability-page-1"><p>WINTON GROUP Ltd purchased a new stake in  MYR Group, Inc. (NASDAQ:MYRG - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm purchased 6,770 shares of the utilities provider's stock, valued at approximately $1,228,000.</p><ul><li>Construction activity suddenly booming, 3 stocks you can't miss</li></ul><p>Several other large investors have also modified their holdings of MYRG. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in  MYR Group by 214.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 302,549 shares of the utilities provider's stock valued at $34,215,000 after buying an additional 206,369 shares during the last quarter.  Bank of New York Mellon Corp boosted its holdings in  MYR Group by 97.4% during the second quarter. Bank of New York Mellon Corp now owns 350,478 shares of the utilities provider's stock valued at $63,594,000 after acquiring an additional 172,962 shares during the period.  Nuveen LLC bought a new stake in  MYR Group during the first quarter valued at about $18,511,000.  Hawk Ridge Capital Management LP grew its position in shares of  MYR Group by 30.1% in the first quarter. Hawk Ridge Capital Management LP now owns 298,436 shares of the utilities provider's stock valued at $33,750,000 after purchasing an additional 69,100 shares during the last quarter.  Finally, Boston Partners lifted its position in shares of  MYR Group by 70.0% during the 2nd quarter. Boston Partners now owns 151,839 shares of the utilities provider's stock worth $27,553,000 after purchasing an additional 62,515 shares during the last quarter. 88.90% of the stock is owned by institutional investors. </p><h2>MYR Group Price Performance</h2><p>Shares of NASDAQ:MYRG opened at $226.50 on Thursday. The firm has a market capitalization of $3.52 billion, a PE ratio of 36.59 and a beta of 1.20. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.11. MYR Group, Inc. has a 1-year low of $97.72 and a 1-year high of $241.13. The business's 50 day moving average is $217.19 and its 200-day moving average is $193.84. </p><p>MYR Group (NASDAQ:MYRG - Get Free Report) last issued its earnings results on Wednesday, October 29th. The utilities provider reported $2.05 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $0.23. The business had revenue of $950.40 million during the quarter, compared to analyst estimates of $931.72 million. MYR Group had a return on equity of 16.65% and a net margin of 2.78%.MYR Group's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share.  Sell-side analysts predict that  MYR Group, Inc. will post 1.16 earnings per share for the current year. </p><h2>Insider Activity</h2><p>In other news, COO Don A. Egan sold 2,900 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $233.40, for a total value of $676,860.00. Following the completion of the transaction, the chief operating officer owned 5,797 shares in the company, valued at approximately $1,353,019.80. This represents a 33.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own  1.80% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several brokerages recently weighed in on MYRG. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of MYR Group in a research note on Monday. Wall Street Zen upgraded MYR Group from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a report on Monday, November 17th. KeyCorp  reissued a &#34;sector weight&#34; rating on shares of MYR Group in a research report on Wednesday, October 1st. Zacks Research raised shares of MYR Group from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Monday, December 1st. Finally, Jefferies Financial Group assumed coverage on shares of MYR Group in a research note on Friday, August 15th. They set a &#34;hold&#34; rating and a $202.00 target price for the company. One research analyst  has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned  a Hold rating to the company's stock. Based on data from MarketBeat, MYR Group  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $201.67.</p><p><b>Read Our Latest Stock Report on MYRG</b></p><h2>About MYR Group</h2> (Free Report)<p>MYR Group Inc, through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than MYR Group</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>GameStop Looks Broken: Here’s Why GME Could Crash in 2026</li><li>Stock Market Upgrades: What Are They?</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>Value Investing: Is it a Good Strategy in 2022? <span>Hint: Always<span></span></span></li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li></ul><p><strong>Want to see what other hedge funds are holding MYRG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MYR Group, Inc. (NASDAQ:MYRG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVlSRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVlSRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in MYR Group Right Now?</h2><p>Before you consider MYR Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MYR Group wasn't on the list.</p><p>While MYR Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MYRG

<p>WINTON GROUP Ltd acquired 6,770 shares of MYR Group, Inc., valued at $1,228,000, during Q2. MYR Group's stock performance is strong, with a market cap of $3.52 billion and recent earnings surpassing expectations. Analysts have mixed ratings, with some upgrading to 'strong-buy'. Institutional investors hold 88.90% of MYR Group's stock. COO Don A. Egan sold shares, reducing his position by 33.34%. MYR Group's revenue increased by 7% year-over-year.</p>

WINTON GROUP Ltd Purchases Shares of 6,770 MYR Group, Inc. $MYRG