North Dakota State Investment Board Purchases New Stake in Everest Group, Ltd. $EG

North Dakota State Investment Board bought a new position in shares of Everest Group, Ltd. (NYSE:EG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,445 shares of the company’s stock, valued at approximately $490,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in Everest Group during the third quarter worth $30,000. Activest Wealth Management acquired a new stake in Everest Group during the fourth quarter worth $34,000. UMB Bank n.a. increased its stake in Everest Group by 81.4% during the third quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after acquiring an additional 48 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Everest Group during the second quarter worth $39,000. Finally, MUFG Securities EMEA plc acquired a new stake in Everest Group during the second quarter worth $43,000. Institutional investors and hedge funds own 92.64% of the company’s stock.

Insiders Place Their Bets

In other Everest Group news, CEO Jason Keen sold 775 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 8,170 shares in the company, valued at $2,874,532.80. This trade represents a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Everest Group Trading Down 1.0%

NYSE:EG opened at $352.76 on Friday. The firm has a market cap of $13.96 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.56 and a beta of 0.35. The stock has a fifty day moving average price of $338.33 and a 200 day moving average price of $331.09. Everest Group, Ltd. has a 12-month low of $302.44 and a 12-month high of $368.29. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.23.

Everest Group (NYSE:EG) last released its earnings results on Monday, March 23rd. The company reported $16.08 earnings per share (EPS) for the quarter. Everest Group had a return on equity of 14.70% and a net margin of 11.76%.The firm had revenue of $4.07 billion during the quarter. Sell-side analysts anticipate that Everest Group, Ltd. will post 52.58 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Morgan Stanley raised their price target on Everest Group from $340.00 to $355.00 and gave the stock an “equal weight” rating in a research report on Thursday. Wells Fargo & Company raised their price target on Everest Group from $332.00 to $356.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Keefe, Bruyette & Woods raised their price target on Everest Group from $402.00 to $411.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Barclays raised their price target on Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Finally, UBS Group set a $355.00 price target on Everest Group in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $373.73.

Everest Group News Roundup

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.

Everest Group Profile

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.