StoneRidge PMG Advisors LLC purchased a new position in Everest Group, Ltd. (NYSE:EG – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,439 shares of the company’s stock, valued at approximately $525,000.
Other institutional investors have also made changes to their positions in the company. Ethic Inc. grew its position in Everest Group by 13.6% during the third quarter. Ethic Inc. now owns 4,337 shares of the company’s stock valued at $1,584,000 after purchasing an additional 520 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in Everest Group by 0.4% in the 3rd quarter. Pictet Asset Management Holding SA now owns 17,418 shares of the company’s stock valued at $6,361,000 after buying an additional 71 shares during the period. Parallel Advisors LLC increased its stake in Everest Group by 15.6% in the 3rd quarter. Parallel Advisors LLC now owns 845 shares of the company’s stock valued at $309,000 after buying an additional 114 shares during the period. TFB Advisors LLC lifted its position in Everest Group by 3.4% in the 3rd quarter. TFB Advisors LLC now owns 1,430 shares of the company’s stock worth $522,000 after buying an additional 47 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in Everest Group by 13.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,088 shares of the company’s stock worth $832,000 after buying an additional 253 shares in the last quarter. 92.64% of the stock is currently owned by institutional investors and hedge funds.
Key Everest Group News
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
Insider Transactions at Everest Group
In other Everest Group news, Director Laura Hay sold 144 shares of Everest Group stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $418.78, for a total value of $60,304.32. Following the completion of the sale, the director directly owned 1,770 shares in the company, valued at $741,240.60. The trade was a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.70% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. TD Cowen lifted their target price on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Citigroup boosted their price target on shares of Everest Group from $415.00 to $445.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. Keefe, Bruyette & Woods upped their price target on shares of Everest Group from $407.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Atlantic Securities set a $484.00 price target on shares of Everest Group in a research note on Wednesday, July 15th. Finally, Cantor Fitzgerald increased their price objective on Everest Group from $390.00 to $419.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Five analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $426.27.
View Our Latest Stock Report on EG
Everest Group Stock Down 0.1%
Shares of Everest Group stock opened at $410.59 on Monday. The firm has a market cap of $15.21 billion, a price-to-earnings ratio of 8.68, a P/E/G ratio of 0.57 and a beta of 0.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.36. Everest Group, Ltd. has a 52-week low of $304.55 and a 52-week high of $431.19. The stock has a 50-day simple moving average of $382.48 and a 200-day simple moving average of $355.53.
Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing the consensus estimate of $9.38 by ($1.76). Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same period in the previous year, the firm posted $7.54 EPS. The company’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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, December 4th. Everest Group’s dividend payout ratio (DPR) is presently 16.91%.
About Everest Group
Everest Group, Ltd. (NYSE: EG) is a global insurance and reinsurance company headquartered in Bermuda. It provides property and casualty coverage to businesses, organizations and other insurers, helping clients manage risks ranging from routine exposures to complex and specialty risks.
The company offers reinsurance through treaty and facultative arrangements, as well as primary insurance across a range of commercial and specialty lines. Its operations serve clients in the United States and international markets, including Europe, Canada, Latin America and Asia-Pacific.
Everest’s roots trace to the establishment of Everest Reinsurance Company in 1973.
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