Everpure (NYSE:P) Price Target Raised to $145.00

Everpure (NYSE:P) had its price target boosted by Wells Fargo & Company from $135.00 to $145.00 in a research report sent to investors on Thursday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts also recently issued reports about the company. Wall Street Zen downgraded Everpure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Zacks Research cut Everpure from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Citigroup boosted their price target on Everpure from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Raymond James Financial reissued an “outperform” rating and issued a $122.00 price objective on shares of Everpure in a report on Thursday, August 27th. Finally, Needham & Company LLC raised their price objective on Everpure from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $138.25.

Everpure Price Performance

Shares of Everpure stock opened at $126.22 on Thursday. Everpure has a 12-month low of $56.78 and a 12-month high of $131.41. The firm has a market cap of $42.06 billion, a price-to-earnings ratio of 172.91, a price-to-earnings-growth ratio of 5.07 and a beta of 1.43. The company’s 50 day moving average is $96.63.

Everpure (NYSE:P) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The business had revenue of $1.19 billion during the quarter. The firm’s quarterly revenue was up 37.7% compared to the same quarter last year. Equities research analysts anticipate that Everpure will post 0.95 EPS for the current fiscal year.

Insider Transactions at Everpure

In other Everpure news, insider John Colgrove sold 200,000 shares of the company’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 sale, the insider directly owned 6,474,080 shares of the company’s stock, valued at approximately $627,856,278.40. This represents a 3.00% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,008,050 shares of company stock worth $101,591,156 in the last three months. Insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in Everpure by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 7,716,158 shares of the company’s stock worth $515,972,000 after purchasing an additional 207,317 shares in the last quarter. Norges Bank acquired a new position in shares of Everpure in the 4th quarter valued at $265,327,000. Franklin Resources Inc. boosted its holdings in Everpure by 28.5% during the fourth quarter. Franklin Resources Inc. now owns 3,007,431 shares of the company’s stock worth $201,528,000 after buying an additional 666,941 shares in the last quarter. Mariner LLC grew its position in Everpure by 3.1% during the fourth quarter. Mariner LLC now owns 2,679,161 shares of the company’s stock valued at $179,538,000 after buying an additional 80,039 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in Everpure by 20.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,554,240 shares of the company’s stock valued at $104,150,000 after buying an additional 265,846 shares in the last quarter. 83.42% of the stock is owned by institutional investors and hedge funds.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its analyst meeting, Everpure projected fiscal 2028 revenue of $7.0 billion to $7.3 billion, implying 39%–45% growth and exceeding the approximately $6.2 billion consensus estimate. Management cited four strategic growth areas and described the business as reaching an inflection point. Everpure shares jump as fiscal 2028 outlook tops estimates
• Positive Sentiment: Management reaffirmed its fiscal 2027 outlook and said it sees no sign of a slowdown in data-center demand. Hyperscale customers and AI infrastructure are expected to support continued revenue acceleration and potentially improving margins. Everpure CEO says no sign of data-center slowdown
• Positive Sentiment: CFRA upgraded Everpure, while several analysts raised price targets. Citigroup lifted its target to $160, and Needham, Guggenheim, Wells Fargo and Piper Sandler also maintained bullish ratings with targets generally ranging from $145 to $162. Everpure rises on CFRA upgrade
• Positive Sentiment: Northland Securities raised its fiscal 2028 EPS estimates to $0.62 for the third quarter and $0.80 for the fourth quarter, up from $0.55 and $0.70, respectively. The revisions reinforce expectations for accelerating earnings.
• Positive Sentiment: Everpure’s latest quarter also showed strong momentum: revenue grew 37.7% year over year to $1.19 billion, while EPS of $0.70 significantly exceeded the $0.19 consensus estimate.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause amid unusually high volatility, highlighting the market’s strong reaction to the outlook.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million under a pre-arranged Rule 10b5-1 plan. He still owns more than 5.7 million shares, but the sale—and other recent disposals—may concern investors at a richly valued stock.
• Negative Sentiment: Everpure trades at a very high earnings multiple, leaving limited room for disappointing growth, rising component costs or weaker pricing. Analysts and investors must determine whether AI-driven demand can justify the premium valuation.

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.