Vise Technologies Inc. raised its position in shares of Everest Group, Ltd. (NYSE:EG – Free Report) by 166.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,139 shares of the company’s stock after buying an additional 2,587 shares during the quarter. Vise Technologies Inc.’s holdings in Everest Group were worth $1,512,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Summit Global Investments raised its stake in shares of Everest Group by 17.9% during the 3rd quarter. Summit Global Investments now owns 13,789 shares of the company’s stock worth $5,035,000 after acquiring an additional 2,098 shares in the last quarter. Parcion Private Wealth LLC grew its holdings in Everest Group by 5.5% in the third quarter. Parcion Private Wealth LLC now owns 591 shares of the company’s stock worth $216,000 after purchasing an additional 31 shares during the last quarter. Choreo LLC grew its holdings in Everest Group by 23.6% in the third quarter. Choreo LLC now owns 1,459 shares of the company’s stock worth $533,000 after purchasing an additional 279 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of Everest Group by 4.5% during the third quarter. D.A. Davidson & CO. now owns 3,945 shares of the company’s stock worth $1,441,000 after purchasing an additional 169 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its position in shares of Everest Group by 25.7% during the third quarter. Asset Management One Co. Ltd. now owns 21,333 shares of the company’s stock worth $7,790,000 after purchasing an additional 4,368 shares in the last quarter. 92.64% of the stock is currently owned by institutional investors.
Key Stories Impacting Everest Group
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: DOWLING & PARTN raised its EPS estimates for fiscal 2026, 2027 and 2028 to $55, $63 and $70, respectively. The higher forecasts may support sentiment, although they are analyst estimates rather than company guidance. Analyst estimate update
- Neutral Sentiment: Everest declared a $2 quarterly dividend, payable December 18 to shareholders of record December 4. Dividend announcement
- Neutral Sentiment: Director Laura Hay sold 144 shares under a pre-arranged Rule 10b5-1 trading plan. The modest sale and planned nature of the transaction may make it less informative as a signal about her view of the stock. Director share sale
- Negative Sentiment: Several law firms publicized the same pending securities class action, alleging Everest made misleading statements during February 8, 2024–October 27, 2025. Investors have until December 28, 2026, to seek lead-plaintiff status. The allegations are not findings of wrongdoing, but the litigation may create legal costs and uncertainty. Class action alert
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on EG. TD Cowen increased their price objective on Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Evercore set a $377.00 target price on Everest Group in a research note on Thursday, July 30th. Wells Fargo & Company upped their target price on Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a research report on Monday, November 2nd. Citigroup increased their price target on Everest Group from $415.00 to $445.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. Finally, Cantor Fitzgerald raised their price target on Everest Group from $390.00 to $419.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Five equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $426.27.
Get Our Latest Stock Analysis on Everest Group
Insiders Place Their Bets
In other Everest Group news, Director Laura Hay sold 144 shares of the business’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $418.78, for a total transaction of $60,304.32. Following the sale, the director owned 1,770 shares in the company, valued at approximately $741,240.60. The trade was a 7.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.70% of the company’s stock.
Everest Group Stock Performance
Everest Group stock traded down $7.20 during mid-day trading on Friday, reaching $410.59. 359,126 shares of the company traded hands, compared to its average volume of 431,413. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.35. Everest Group, Ltd. has a fifty-two week low of $304.55 and a fifty-two week high of $431.19. The company has a market capitalization of $15.21 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 0.58 and a beta of 0.23. The firm’s fifty day moving average is $382.48 and its two-hundred day moving average is $355.53.
Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same period last year, the firm earned $7.54 earnings per share. Everest Group’s quarterly revenue was down 14.0% compared to the same quarter last year. On average, equities research analysts expect that Everest Group, Ltd. will post 53.43 earnings per share for the current fiscal year.
Everest Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $8.00 dividend on an annualized basis and a yield of 1.9%. Everest Group’s payout ratio is currently 16.91%.
Everest Group Profile
Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.
The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.
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