Everpure (NYSE:P) Earns Buy Rating from Guggenheim

Everpure (NYSE:P)‘s stock had its “buy” rating reaffirmed by analysts at Guggenheim in a research note issued on Thursday, Benzinga reports. They presently have a $150.00 target price on the stock. Guggenheim’s price target points to a potential upside of 15.53% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Northland Securities boosted their price objective on Everpure from $90.00 to $128.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Bank of America upgraded Everpure from a “neutral” rating to a “buy” rating and upped their price objective for the company from $90.00 to $150.00 in a research note on Thursday, August 27th. UBS Group upped their price target on shares of Everpure from $70.00 to $80.00 and gave the company a “sell” rating in a research note on Thursday, August 27th. William Blair reiterated an “outperform” rating on shares of Everpure in a research note on Thursday, May 28th. Finally, Citigroup reaffirmed a “buy” rating and set a $160.00 target price (up from $130.00) on shares of Everpure in a report on Thursday. Seventeen equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.20.

Everpure Stock Up 18.4%

Shares of NYSE:P traded up $20.18 during trading on Thursday, hitting $129.83. 5,901,159 shares of the company were exchanged, compared to its average volume of 3,716,254. The firm has a market cap of $43.26 billion, a P/E ratio of 177.62, a P/E/G ratio of 4.46 and a beta of 1.43. Everpure has a 1-year low of $56.78 and a 1-year high of $131.41. The stock has a 50 day simple moving average of $94.42.

Everpure (NYSE:P) last issued its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.51. The company had revenue of $1.19 billion for the quarter. Everpure had a net margin of 5.94% and a return on equity of 19.06%. Everpure’s revenue for the quarter was up 37.7% compared to the same quarter last year. On average, equities research analysts expect that Everpure will post 0.96 EPS for the current year.

Insider Activity at Everpure

In other Everpure news, insider John Colgrove sold 100,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $110.35, for a total transaction of $11,035,000.00. Following the completion of the sale, the insider directly owned 5,993,309 shares in the company, valued at approximately $661,361,648.15. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Susan J.S. Taylor sold 8,543 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $81.74, for a total transaction of $698,304.82. Following the completion of the transaction, the director owned 94,608 shares of the company’s stock, valued at approximately $7,733,257.92. The trade was a 8.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 908,050 shares of company stock worth $89,995,156. Insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Everpure

A number of hedge funds have recently added to or reduced their stakes in the stock. Paradigm Capital Management Inc. NY bought a new stake in shares of Everpure during the 2nd quarter valued at $2,127,000. Nykredit A S purchased a new stake in shares of Everpure in the second quarter worth $9,412,000. Raiffeisen Bank International AG purchased a new position in shares of Everpure in the second quarter valued at about $25,525,000. Sequoia Financial Advisors LLC bought a new stake in Everpure during the 2nd quarter valued at approximately $814,000. Finally, Wellington Management Group LLP purchased a new position in shares of Everpure in the second quarter worth $2,192,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.

Key Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure said AI-driven demand, hyperscale customers and four strategic growth areas should support accelerating revenue growth through fiscal 2028. Analysts highlighted stronger growth prospects, expanding margins and a broader business model. Everpure shares jump 16% as fiscal 2028 outlook tops estimates
• Positive Sentiment: The company reaffirmed its fiscal 2027 outlook and provided preliminary fiscal 2028 revenue guidance well above consensus, reinforcing the view that demand for data-storage infrastructure remains strong. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
• Positive Sentiment: Multiple analysts raised targets following the outlook update: Citigroup lifted its target to $160 while Wells Fargo, Needham and Guggenheim raised or maintained bullish targets of $145–$150. Wedbush reaffirmed an outperform rating. Citigroup Adjusts Price Target on Everpure
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause, reflecting unusually rapid price movement and elevated volatility rather than a fundamental change in the business.
• Negative Sentiment: An insider sold 100,000 shares worth approximately $11 million. The transaction was made under a pre-arranged Rule 10b5-1 plan to cover tax obligations, which reduces—but does not eliminate—the signaling concern. Everpure Insider Sells 100,000 Shares

About Everpure

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.