Everpure’s (P) “Buy” Rating Reaffirmed at Guggenheim

Everpure (NYSE:P)‘s stock had its “buy” rating restated by Guggenheim in a note issued to investors on Thursday, Benzinga reports. They presently have a $150.00 target price on the stock. Guggenheim’s target price would suggest a potential upside of 16.48% from the company’s current price.

A number of other brokerages have also recently issued reports on P. DA Davidson set a $100.00 target price on shares of Everpure in a research report on Wednesday, July 1st. Morgan Stanley raised their price objective on Everpure from $108.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Raymond James Financial reissued an “outperform” rating and set a $122.00 target price on shares of Everpure in a research report on Thursday, August 27th. TD Cowen raised their price objective on shares of Everpure from $100.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Finally, Wells Fargo & Company raised their price objective on shares of Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.70.

Everpure Trading Up 17.4%

Shares of NYSE:P traded up $19.13 on Thursday, hitting $128.78. The company had a trading volume of 5,214,760 shares, compared to its average volume of 3,711,734. Everpure has a 1-year low of $56.78 and a 1-year high of $131.41. The company has a market cap of $42.91 billion, a PE ratio of 176.98, a price-to-earnings-growth ratio of 4.46 and a beta of 1.43. The stock’s 50 day moving average is $94.42.

Everpure (NYSE:P) last released its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The firm had revenue of $1.19 billion for the quarter. The company’s quarterly revenue was up 37.7% compared to the same quarter last year. On average, equities analysts predict that Everpure will post 0.96 EPS for the current year.

Insider Buying and Selling at Everpure

In other Everpure news, insider Ajay Singh sold 9,787 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $78.12, for a total transaction of $764,560.44. Following the transaction, the insider directly owned 340,939 shares in the company, valued at approximately $26,634,154.68. This trade represents a 2.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Colgrove sold 200,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $96.98, for a total value of $19,396,000.00. Following the transaction, the insider owned 6,474,080 shares in the company, valued at approximately $627,856,278.40. This trade represents a 3.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 908,050 shares of company stock worth $89,995,156. Company insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Everpure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Continuum Advisory LLC bought a new stake in Everpure in the 2nd quarter valued at about $29,000. Reflection Asset Management bought a new stake in Everpure in the 4th quarter valued at about $32,000. SHP Wealth Management bought a new stake in Everpure in the 4th quarter valued at about $36,000. Ancora Advisors LLC bought a new stake in Everpure in the 2nd quarter valued at about $67,000. Finally, Rothschild Investment LLC raised its stake in Everpure by 18.1% in the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after acquiring an additional 152 shares during the period. 83.42% of the stock is currently owned by institutional investors.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure raised its preliminary fiscal 2028 revenue outlook to $7.0 billion-$7.3 billion, well above the roughly $6.2 billion consensus estimate. Management said growth should accelerate as artificial-intelligence demand expands its data-storage and management business. Everpure Stock Rises as AI Demand Underpins Surprising Revenue Growth Acceleration
• Positive Sentiment: The company outlined four strategic growth areas at its analyst meeting, while reaffirming its fiscal 2027 outlook. The expansion of its business model provides a more favorable long-term revenue narrative. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
• Positive Sentiment: Analysts increased or reaffirmed bullish views following the update. Wells Fargo raised its target to $145 and assigned an overweight rating, while Needham and Guggenheim reiterated buy ratings with $150 targets. Wedbush maintained an outperform rating and a $130 target. These targets imply substantial upside from recent trading levels.
• Positive Sentiment: Everpure was again named a Leader in Gartner’s Magic Quadrant for Infrastructure Platform Consumption Services, supporting its competitive positioning in an expanding market. Everpure Recognized as a Leader in the 2026 Gartner Magic Quadrant
• Neutral Sentiment: Everpure appointed Alison McQuarrie as its A/NZ partners lead. The move may support regional channel growth but is unlikely to materially affect near-term earnings.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares worth approximately $11.0 million. The transaction was executed under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards, reducing its bearish significance, but the sale nevertheless appears to be weighing on sentiment.

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.