Swiss National Bank boosted its position in shares of Everest Group, Ltd. (NYSE:EG – Free Report) by 7.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 123,200 shares of the company’s stock after acquiring an additional 8,280 shares during the period. Swiss National Bank’s holdings in Everest Group were worth $40,268,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Algebris UK Ltd. bought a new position in shares of Everest Group during the 4th quarter valued at approximately $23,460,000. M&T Bank Corp increased its position in Everest Group by 4,077.5% in the fourth quarter. M&T Bank Corp now owns 79,205 shares of the company’s stock worth $26,878,000 after purchasing an additional 77,309 shares during the last quarter. SG Americas Securities LLC increased its position in Everest Group by 598.3% in the fourth quarter. SG Americas Securities LLC now owns 34,112 shares of the company’s stock worth $11,576,000 after purchasing an additional 29,227 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Everest Group by 12,322.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,243 shares of the company’s stock valued at $176,205,000 after purchasing an additional 515,063 shares in the last quarter. Finally, National Pension Service lifted its position in Everest Group by 13.2% during the fourth quarter. National Pension Service now owns 44,113 shares of the company’s stock valued at $14,970,000 after purchasing an additional 5,157 shares during the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.
Everest Group News Summary
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Zacks noted Everest Group may be positioned to beat upcoming earnings estimates, which could support the stock if results come in ahead of expectations. Article Title
- Positive Sentiment: Analysts set a price target of $387.73, suggesting some Wall Street upside remains from current levels. Article Title
- Positive Sentiment: Everest Group’s own profile as a leader in insurance/reinsurance remains intact, and another company’s recognition in Everest Group’s healthcare CXM assessment highlights the firm’s industry relevance. Article Title
- Neutral Sentiment: One commentary piece argued against the stock, but it did not include any new company-specific operating news. Article Title
- Negative Sentiment: Zacks Research cut EPS estimates for several periods, including Q2 2026, FY2026, Q1/Q2/Q3/Q4 2027, FY2027, and FY2028, which can weigh on sentiment by implying slightly slower earnings momentum. Article Title
Insider Activity
Everest Group Trading Down 0.9%
EG stock opened at $373.61 on Thursday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.23. Everest Group, Ltd. has a twelve month low of $302.44 and a twelve month high of $385.68. The stock has a market capitalization of $14.78 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 0.59 and a beta of 0.29. The firm’s fifty day simple moving average is $351.44 and its two-hundred day simple moving average is $339.68.
Everest Group (NYSE:EG – Get Free Report) last announced its earnings results on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The business had revenue of $4.07 billion for the quarter. As a group, analysts anticipate that Everest Group, Ltd. will post 52.86 earnings per share for the current year.
Everest Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $2.00 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $8.00 annualized dividend and a yield of 2.1%. Everest Group’s dividend payout ratio (DPR) is presently 16.27%.
Wall Street Analysts Forecast Growth
EG has been the subject of a number of recent research reports. Cantor Fitzgerald lifted their price objective on shares of Everest Group from $344.00 to $390.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Keefe, Bruyette & Woods upped their target price on shares of Everest Group from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. UBS Group set a $355.00 price target on shares of Everest Group in a report on Thursday, May 21st. Barclays lifted their price target on Everest Group from $380.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Finally, Bank of America boosted their price objective on Everest Group from $430.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $387.73.
Get Our Latest Stock Analysis on Everest Group
Everest Group Company Profile
Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.
With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.
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