Mirabella Financial Services LLP cut its position in Everest Group, Ltd. (NYSE:EG – Free Report) by 17.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 64,031 shares of the company’s stock after selling 13,582 shares during the quarter. Everest Group accounts for 1.9% of Mirabella Financial Services LLP’s investment portfolio, making the stock its 10th largest holding. Mirabella Financial Services LLP’s holdings in Everest Group were worth $22,426,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of Everest Group in the third quarter valued at approximately $30,000. UMB Bank n.a. grew its holdings in Everest Group by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after acquiring an additional 48 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in Everest Group during the 2nd quarter worth about $39,000. MUFG Securities EMEA plc acquired a new stake in Everest Group in the 2nd quarter valued at about $43,000. Finally, Brown Brothers Harriman & Co. raised its stake in shares of Everest Group by 57.6% in the third quarter. Brown Brothers Harriman & Co. now owns 134 shares of the company’s stock worth $47,000 after acquiring an additional 49 shares during the last quarter. Institutional investors and hedge funds own 92.64% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. UBS Group reissued a “buy” rating and set a $345.00 price target on shares of Everest Group in a research note on Monday, January 12th. Evercore set a $365.00 price objective on Everest Group in a report on Wednesday, January 7th. Cantor Fitzgerald decreased their price objective on Everest Group from $348.00 to $344.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods lifted their target price on Everest Group from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Finally, Mizuho set a $360.00 target price on Everest Group in a research report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Everest Group currently has a consensus rating of “Hold” and a consensus price target of $363.21.
Everest Group Stock Down 0.8%
Shares of NYSE EG opened at $319.79 on Thursday. Everest Group, Ltd. has a 52-week low of $302.44 and a 52-week high of $370.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market cap of $12.92 billion, a P/E ratio of 8.45, a P/E/G ratio of 0.23 and a beta of 0.34. The firm has a 50 day moving average price of $329.88 and a 200 day moving average price of $332.05.
Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $13.26 earnings per share for the quarter, missing analysts’ consensus estimates of $13.36 by ($0.10). Everest Group had a return on equity of 12.50% and a net margin of 9.09%.The firm had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the prior year, the business earned ($18.39) earnings per share. The company’s revenue for the quarter was down 4.6% compared to the same quarter last year. Analysts expect that Everest Group, Ltd. will post 47.93 EPS for the current year.
Everest Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a dividend of $2.00 per share. The ex-dividend date is Friday, March 13th. This represents a $8.00 annualized dividend and a yield of 2.5%. Everest Group’s payout ratio is currently 21.13%.
Key Stories Impacting Everest Group
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: MSN ran a roundup that spotlights Everest among potential reinsurance winners for Q4, which could attract investor interest and capital flows into the stock. Spotting winners: Everest Group (NYSE:EG) and reinsurance stocks in Q4
- Positive Sentiment: Zacks increased its FY2028 EPS estimate for Everest to $64.07 (from $60.97), signalling better longer‑term earnings expectations that could support valuation if realized. MarketBeat: Everest Group coverage (Zacks updates)
- Neutral Sentiment: Zacks issued a series of mostly small revisions across quarters (some modest raises like Q4 2027 and FY2027, and slight downticks elsewhere) but kept a “Hold” rating — indicating analysts see balanced risk/reward rather than a clear catalyst. MarketBeat: Everest Group coverage (Zacks updates)
- Negative Sentiment: Zacks trimmed several near‑term estimates (multiple Q1–Q3 2026 and Q1–Q2 2027 cuts and a slight reduction to FY2026), which may signal expected pressure in near‑term operating results and contributes to downward pressure on the stock. MarketBeat: Everest Group coverage (Zacks updates)
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.
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