Guggenheim Reaffirms Buy Rating for Everpure (NYSE:P)

Everpure (NYSE:P)‘s stock had its “buy” rating reaffirmed by research analysts at Guggenheim in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $150.00 target price on the stock. Guggenheim’s target price points to a potential upside of 20.41% from the company’s previous close.

Several other analysts also recently weighed in on the company. Morgan Stanley upped their price target on Everpure from $108.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. UBS Group upped their price target on Everpure from $70.00 to $80.00 and gave the stock a “sell” rating in a research note on Thursday, August 27th. Piper Sandler upped their price objective on Everpure from $133.00 to $162.00 and gave the company an “overweight” rating in a research report on Thursday. Wall Street Zen cut Everpure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Finally, Wells Fargo & Company upped their price objective on Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday. Seventeen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $137.15.

Everpure Stock Performance

Shares of NYSE P traded up $14.92 during midday trading on Thursday, reaching $124.57. The company had a trading volume of 8,908,696 shares, compared to its average volume of 3,734,166. Everpure has a one year low of $56.78 and a one year high of $131.41. The company has a market cap of $41.51 billion, a PE ratio of 170.65, a PEG ratio of 4.46 and a beta of 1.43. The company’s fifty day simple moving average is $94.42.

Everpure (NYSE:P) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The company had revenue of $1.19 billion for the quarter. The business’s revenue was up 37.7% on a year-over-year basis. As a group, research analysts anticipate that Everpure will post 0.96 earnings per share for the current fiscal year.

Insider Transactions at Everpure

In other Everpure news, Director Susan J.S. Taylor sold 8,543 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $81.74, for a total transaction of $698,304.82. Following the sale, the director directly owned 94,608 shares of the company’s stock, valued at $7,733,257.92. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Colgrove sold 100,000 shares of Everpure stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $110.35, for a total value of $11,035,000.00. Following the completion of the sale, the insider directly owned 5,993,309 shares in the company, valued at approximately $661,361,648.15. The trade was a 1.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 908,050 shares of company stock worth $89,995,156. Insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Everpure

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in shares of Everpure by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 7,716,158 shares of the company’s stock valued at $515,972,000 after buying an additional 207,317 shares during the period. Norges Bank purchased a new stake in shares of Everpure during the fourth quarter valued at about $265,327,000. Franklin Resources Inc. lifted its holdings in shares of Everpure by 28.5% during the 4th quarter. Franklin Resources Inc. now owns 3,007,431 shares of the company’s stock valued at $201,528,000 after purchasing an additional 666,941 shares during the last quarter. Mariner LLC lifted its holdings in shares of Everpure by 3.1% during the 4th quarter. Mariner LLC now owns 2,679,161 shares of the company’s stock valued at $179,538,000 after purchasing an additional 80,039 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Everpure by 20.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,554,240 shares of the company’s stock worth $104,150,000 after acquiring an additional 265,846 shares during the last quarter. 83.42% of the stock is owned by institutional investors.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Better-than-expected fiscal 2028 guidance: The revenue target implies accelerating growth and exceeded Wall Street expectations, improving the investment case for Everpure’s data-storage business. Everpure shares jump 16% as fiscal 2028 outlook tops estimates
• Positive Sentiment: AI and hyperscale exposure: Investors are responding to management’s expectation that rising AI workloads and business with large cloud-service providers will support durable demand, stronger growth and expanding margins. Everpure raises FY28 revenue outlook, targets four growth areas
• Positive Sentiment: Analyst support: Citigroup raised its price target to $160 while maintaining a Buy rating. Needham lifted its target to $150, Wells Fargo to $145 and Guggenheim maintained a Buy rating with a $150 target. These revisions indicate analysts see additional upside following the new forecast. Citigroup Adjusts Price Target on Everpure to $160 From $130
• Positive Sentiment: Everpure was again named a Leader in Gartner’s Magic Quadrant for infrastructure platform consumption services, reinforcing its competitive positioning. Everpure Recognized as a Leader in the 2026 Gartner Magic Quadrant
• Neutral Sentiment: Trading in NYSE:P was briefly paused under a limit-up/limit-down (LULD) halt, reflecting unusually rapid trading volatility rather than a change in fundamentals.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares, which initially pressured the stock. However, the transaction was conducted under a pre-arranged Rule 10b5-1 plan and was described as covering tax obligations related to vested equity, reducing its significance as a bearish signal. Everpure Insider Sells 100,000 Shares of Stock

About Everpure

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.