North Dakota State Investment Board Purchases Shares of 1,445 Everest Group, Ltd. $EG

North Dakota State Investment Board purchased a new stake in shares of Everest Group, Ltd. (NYSE:EG) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,445 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC boosted its stake in shares of Everest Group by 70.3% in the third quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock worth $695,275,000 after buying an additional 830,418 shares during the last quarter. Vulcan Value Partners LLC boosted its stake in shares of Everest Group by 13.9% in the third quarter. Vulcan Value Partners LLC now owns 1,417,466 shares of the company’s stock worth $496,514,000 after buying an additional 172,479 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Everest Group by 6.1% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 999,581 shares of the company’s stock worth $350,083,000 after buying an additional 57,907 shares during the last quarter. Boston Partners boosted its stake in shares of Everest Group by 28.9% in the third quarter. Boston Partners now owns 729,019 shares of the company’s stock worth $255,334,000 after buying an additional 163,316 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Everest Group by 12,322.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,243 shares of the company’s stock worth $176,205,000 after buying an additional 515,063 shares during the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Insider Activity at Everest Group

In related news, CEO Jason Keen sold 775 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total value of $272,676.00. Following the completion of the sale, the chief executive officer owned 8,170 shares of the company’s stock, valued at approximately $2,874,532.80. This trade represents a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.70% of the company’s stock.

Everest Group Price Performance

Shares of Everest Group stock opened at $352.76 on Friday. The business has a 50 day simple moving average of $338.33 and a two-hundred day simple moving average of $331.09. Everest Group, Ltd. has a 12 month low of $302.44 and a 12 month high of $368.29. The stock has a market capitalization of $13.96 billion, a P/E ratio of 7.17, a PEG ratio of 0.56 and a beta of 0.35. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.37 and a quick ratio of 0.37.

Everest Group (NYSE:EG) last announced its earnings results on Monday, March 23rd. The company reported $16.08 EPS for the quarter. Everest Group had a return on equity of 14.70% and a net margin of 11.76%.The business had revenue of $4.07 billion during the quarter. As a group, analysts predict that Everest Group, Ltd. will post 52.58 EPS for the current fiscal year.

Everest Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th. Everest Group’s dividend payout ratio (DPR) is currently 16.27%.

Analyst Ratings Changes

A number of analysts have recently commented on EG shares. Bank of America upped their target price on Everest Group from $430.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Morgan Stanley upped their target price on Everest Group from $340.00 to $355.00 and gave the stock an “equal weight” rating in a research note on Thursday. UBS Group set a $355.00 target price on Everest Group in a research note on Thursday. Keefe, Bruyette & Woods upped their target price on Everest Group from $402.00 to $411.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Barclays upped their target price on Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $373.73.

Key Stories Impacting Everest Group

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

• Positive Sentiment: Zacks Research lifted its earnings forecasts for several future periods, including Q4 2027, Q3 2027, FY2027 and Q1 2028, suggesting stronger longer-term profit potential for Everest Group.
• Neutral Sentiment: Morgan Stanley raised its price target on Everest Group to $355 from $340 but kept an “equal weight” rating, implying only limited near-term upside.
• Negative Sentiment: Zacks Research trimmed estimates for Q2 2026, Q2 2027, Q1 2027, Q4 2026 and FY2026, which may be pressuring sentiment by pointing to softer results in the nearer term.

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.