Northland Securities Predicts Everpure Q3 Earnings

Everpure, Inc. (NYSE:P) – Equities researchers at Northland Securities upped their Q3 2028 earnings per share estimates for shares of Everpure in a research note issued to investors on Thursday, September 24th. Northland Securities analyst N. Chokshi now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous estimate of $0.55. The consensus estimate for Everpure’s current full-year earnings is $0.96 per share. Northland Securities also issued estimates for Everpure’s Q4 2028 earnings at $0.80 EPS.

Everpure (NYSE:P) last released its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The company had revenue of $1.19 billion during the quarter. Everpure’s revenue was up 37.7% on a year-over-year basis.

A number of other research firms have also recently issued reports on P. Guggenheim reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Everpure in a research report on Thursday. TD Cowen boosted their target price on Everpure from $100.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, August 18th. Evercore reaffirmed an “outperform” rating and set a $145.00 price target on shares of Everpure in a report on Thursday. Wells Fargo & Company lifted their price objective on shares of Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, UBS Group lifted their target price on shares of Everpure from $70.00 to $80.00 and gave the stock a “sell” rating in a report on Thursday, August 27th. Seventeen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $137.15.

Everpure Price Performance

Shares of NYSE:P opened at $121.80 on Friday. Everpure has a 52-week low of $56.78 and a 52-week high of $131.41. The firm has a market cap of $40.59 billion, a P/E ratio of 166.85, a P/E/G ratio of 4.46 and a beta of 1.43. The firm has a 50-day moving average price of $95.49.

Institutional Investors Weigh In On Everpure

Several institutional investors have recently made changes to their positions in P. QRG Capital Management Inc. bought a new position in Everpure during the 2nd quarter worth $1,110,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Everpure during the 2nd quarter worth $785,000. Andra AP fonden bought a new position in shares of Everpure in the second quarter worth $5,230,000. Sequoia Financial Advisors LLC bought a new position in shares of Everpure in the second quarter worth $814,000. Finally, Tidal Investments LLC acquired a new position in Everpure in the second quarter valued at about $14,252,000. 83.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Everpure

In other news, insider John Colgrove sold 100,000 shares of the business’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $115.96, for a total value of $11,596,000.00. Following the completion of the sale, the insider owned 5,793,309 shares of the company’s stock, valued at approximately $671,792,111.64. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,008,050 shares of company stock worth $101,591,156 over the last three months. 5.10% of the stock is currently owned by company insiders.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its analyst day, Everpure issued preliminary fiscal 2028 revenue guidance of $7.0 billion to $7.3 billion, implying 39% to 45% growth and exceeding the approximately $6.2 billion analyst consensus. Management identified 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. Continued AI investment and expanding business with hyperscalers are expected to support accelerating revenue and potentially wider margins. No sign of data center slowdown, says Everpure CEO
• Positive Sentiment: Analysts responded favorably, with Citigroup raising its price target to $160 and Needham, Guggenheim and Wells Fargo also lifting targets while maintaining bullish ratings. The broader analyst consensus remains “Moderate Buy.” Wall Street raises Everpure targets after upbeat outlook
• Positive Sentiment: The outlook builds on strong recent execution: quarterly revenue grew 37.7% year over year to $1.19 billion, while EPS of $0.70 substantially exceeded the $0.19 consensus estimate.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause as volatility increased, highlighting the intensity of the market’s reaction to the forecast.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million under a pre-arranged Rule 10b5-1 plan. Although he retained more than 5.7 million shares, the sale adds a modest cautionary signal after the recent rally. SEC insider transaction filing
• Negative Sentiment: Everpure trades at a very high earnings multiple relative to the broader market, leaving the stock vulnerable if AI-driven growth, pricing power or supply-chain economics fall short of expectations.

Everpure Company Profile

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.