Savant Capital LLC Buys 9,414 Shares of Everest Group, Ltd. $EG

Savant Capital LLC lifted its holdings in Everest Group, Ltd. (NYSE:EG) by 95.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,258 shares of the company’s stock after purchasing an additional 9,414 shares during the quarter. Savant Capital LLC’s holdings in Everest Group were worth $6,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Hartford Investment Management Co. increased its holdings in Everest Group by 1.7% during the third quarter. Hartford Investment Management Co. now owns 3,441 shares of the company’s stock valued at $1,205,000 after buying an additional 56 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in Everest Group by 0.4% in the 3rd quarter. Allianz Asset Management GmbH now owns 28,612 shares of the company’s stock worth $10,021,000 after buying an additional 122 shares during the period. AGF Management Ltd. grew its position in shares of Everest Group by 7.5% during the third quarter. AGF Management Ltd. now owns 9,309 shares of the company’s stock worth $3,260,000 after purchasing an additional 653 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Everest Group by 100.3% during the third quarter. Jones Financial Companies Lllp now owns 579 shares of the company’s stock valued at $202,000 after buying an additional 290 shares during the last quarter. Finally, State of Wyoming boosted its position in shares of Everest Group by 132.1% during the third quarter. State of Wyoming now owns 1,611 shares of the company’s stock worth $564,000 after acquiring an additional 917 shares during the last quarter. Institutional investors own 92.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on EG. Barclays increased their price objective on shares of Everest Group from $365.00 to $377.00 and gave the company an “overweight” rating in a report on Thursday, January 8th. Mizuho set a $358.00 price target on Everest Group in a research note on Wednesday, January 14th. Wells Fargo & Company cut their price target on Everest Group from $343.00 to $332.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Raymond James Financial reaffirmed an “outperform” rating and issued a $350.00 price objective on shares of Everest Group in a research note on Monday, November 3rd. Finally, Keefe, Bruyette & Woods increased their target price on Everest Group from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $364.64.

Everest Group Stock Performance

Shares of Everest Group stock opened at $325.61 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.23. The stock’s fifty day moving average is $326.83 and its two-hundred day moving average is $332.55. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $370.20. The company has a market capitalization of $13.67 billion, a PE ratio of 8.60, a price-to-earnings-growth ratio of 0.23 and a beta of 0.36.

Everest Group (NYSE:EG) last issued its earnings results on Wednesday, February 4th. The company reported $13.26 EPS for the quarter, missing analysts’ consensus estimates of $13.36 by ($0.10). The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Everest Group had a return on equity of 12.63% and a net margin of 9.09%.The business’s revenue was down 4.6% compared to the same quarter last year. During the same period last year, the business posted ($18.39) earnings per share. As a group, analysts expect that Everest Group, Ltd. will post 47.93 earnings per share for the current year.

About Everest Group

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.