Commerzbank Aktiengesellschaft FI bought a new position in Everest Group, Ltd. (NYSE:EG – Free Report) in the 1st quarter, Holdings Channel reports. The firm bought 3,576 shares of the company’s stock, valued at approximately $1,169,000.
A number of other large investors have also recently made changes to their positions in EG. Activest Wealth Management bought a new position in Everest Group in the 4th quarter valued at $34,000. Raiffeisen Bank International AG bought a new stake in Everest Group during the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. bought a new stake in Everest Group during the 4th quarter valued at about $37,000. CYBER HORNET ETFs LLC purchased a new stake in Everest Group in the 2nd quarter valued at about $39,000. Finally, MUFG Securities EMEA plc purchased a new stake in Everest Group in the 2nd quarter valued at about $43,000. 92.64% of the stock is owned by hedge funds and other institutional investors.
Everest Group Price Performance
Shares of NYSE EG opened at $376.88 on Wednesday. The business’s 50 day moving average price is $350.92 and its 200 day moving average price is $339.45. The firm has a market cap of $14.91 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.59 and a beta of 0.29. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.23. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $385.68.
Everest Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, June 12th. Everest Group’s dividend payout ratio (DPR) is currently 16.27%.
Insiders Place Their Bets
In other Everest Group news, CEO Jason Keen sold 775 shares of Everest Group stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $351.84, for a total value of $272,676.00. Following the completion of the transaction, the chief executive officer owned 8,170 shares of the company’s stock, valued at approximately $2,874,532.80. The trade was a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.70% of the company’s stock.
More Everest Group News
Here are the key news stories impacting Everest Group this week:
- Neutral Sentiment: Zacks Research slightly raised its Q3 2026 EPS estimate for Everest Group, which is a small positive offset amid broader estimate cuts. Everest Group, Ltd. (NYSE:EG) report
- Negative Sentiment: Analysts lowered Everest Group’s FY2026 earnings estimate, signaling a somewhat softer profit outlook for the current year. Everest Group, Ltd. (NYSE:EG) report
- Negative Sentiment: Additional downward revisions to FY2027 and FY2028 EPS estimates suggest analysts see less upside in long-term earnings growth than before. Everest Group, Ltd. (NYSE:EG) report
- Negative Sentiment: A separate commentary piece flagged “3 reasons to sell EG,” which may add to negative investor sentiment, even though it does not include new company-specific fundamentals. 3 reasons to sell EG and 1 stock to buy instead
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. UBS Group set a $355.00 target price on shares of Everest Group in a research report on Thursday, May 21st. Barclays boosted their price target on Everest Group from $380.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Atlantic Securities set a $484.00 price objective on Everest Group in a research note on Wednesday, July 15th. Cantor Fitzgerald raised their price objective on Everest Group from $344.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, BMO Capital Markets lifted their price objective on Everest Group from $366.00 to $376.00 and gave the company a “market perform” rating in a report on Thursday, May 14th. Four research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Everest Group has a consensus rating of “Hold” and an average price target of $387.73.
View Our Latest Analysis on Everest Group
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.
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