Donald Smith & CO. Inc. Acquires New Position in Everest Group, Ltd. $EG

Donald Smith & CO. Inc. acquired a new position in Everest Group, Ltd. (NYSE:EG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 428,873 shares of the company’s stock, valued at approximately $153,206,000. Everest Group makes up approximately 2.7% of Donald Smith & CO. Inc.’s investment portfolio, making the stock its 17th largest holding. Donald Smith & CO. Inc. owned about 1.12% of Everest Group as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Everest Group during the second quarter valued at $1,150,555,000. AQR Capital Management LLC lifted its stake in Everest Group by 70.3% in the 3rd quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock worth $695,275,000 after purchasing an additional 830,418 shares in the last quarter. State Street Corp boosted its holdings in shares of Everest Group by 0.4% during the 4th quarter. State Street Corp now owns 1,906,692 shares of the company’s stock valued at $647,036,000 after purchasing an additional 7,806 shares during the last quarter. Norges Bank bought a new position in shares of Everest Group during the 4th quarter valued at about $630,277,000. Finally, Vulcan Value Partners LLC grew its position in shares of Everest Group by 6.5% during the fourth quarter. Vulcan Value Partners LLC now owns 1,509,740 shares of the company’s stock valued at $512,288,000 after purchasing an additional 92,274 shares in the last quarter. Institutional investors own 92.64% of the company’s stock.

Key Headlines Impacting Everest Group

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: Upward earnings revisions: Zacks Research raised its FY2026 EPS forecast to $53.10 from $52.49, FY2027 to $59.23 from $58.45, and FY2028 to $66.63 from $65.28. It also increased estimates for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028. The revisions suggest improving expectations for Everest Group’s underwriting and investment results.
• Positive Sentiment: Forecast remains above consensus: Zacks’ $53.10 FY2026 estimate is modestly higher than the current analyst consensus of $52.83, providing a favorable earnings-expectations catalyst.
• Neutral Sentiment: TD Cowen maintained its Hold rating: The unchanged stance indicates the analyst sees limited immediate reason to change the investment case, even as earnings forecasts improve. TD Cowen Sticks to Their Hold Rating for Everest Group
• Negative Sentiment: One near-term forecast was cut: Zacks reduced its Q3 2026 EPS estimate to $8.88 from $9.03, signaling some expected earnings pressure in the upcoming quarter.

Everest Group Price Performance

EG stock opened at $370.18 on Friday. The stock has a market cap of $14.19 billion, a PE ratio of 7.83, a P/E/G ratio of 0.73 and a beta of 0.29. Everest Group, Ltd. has a 12 month low of $302.44 and a 12 month high of $401.07. The company has a 50-day moving average price of $366.34 and a 200 day moving average price of $346.80. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, topping analysts’ consensus estimates of $14.52 by $0.33. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The firm’s revenue for the quarter was down 11.8% on a year-over-year basis. During the same period in the prior year, the company posted $16.10 EPS. Equities research analysts anticipate that Everest Group, Ltd. will post 52.91 earnings per share for the current year.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th will be issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 9th. Everest Group’s dividend payout ratio is presently 16.92%.

Analyst Upgrades and Downgrades

EG has been the topic of several research reports. Wells Fargo & Company lifted their target price on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Morgan Stanley increased their price target on Everest Group from $355.00 to $360.00 and gave the company an “equal weight” rating in a research note on Monday, July 6th. Cantor Fitzgerald raised their price target on Everest Group from $344.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Barclays lifted their price objective on Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Finally, Keefe, Bruyette & Woods upped their price objective on Everest Group from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, Everest Group currently has a consensus rating of “Hold” and an average target price of $395.27.

Everest Group 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.