Everpure (NYSE:P) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Everpure (NYSE:PGet Free Report) had its price objective hoisted by equities researchers at Wells Fargo & Company from $135.00 to $145.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 32.35% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Needham & Company LLC increased their target price on Everpure from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Everpure in a report on Friday, July 17th. Oppenheimer reiterated an “outperform” rating and set a $140.00 price target on shares of Everpure in a research report on Thursday, August 20th. Susquehanna reissued a “positive” rating and set a $145.00 price objective on shares of Everpure in a report on Thursday, August 27th. Finally, Barclays raised their price objective on shares of Everpure from $84.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $130.10.

Get Our Latest Analysis on Everpure

Everpure Stock Performance

NYSE:P opened at $109.56 on Thursday. The firm has a market capitalization of $36.51 billion, a price-to-earnings ratio of 150.08, a PEG ratio of 4.46 and a beta of 1.43. Everpure has a 12 month low of $56.78 and a 12 month high of $119.10. The company has a 50-day moving average price of $94.42.

Everpure (NYSE:PGet Free Report) last announced its earnings results on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.19 by $0.51. The business had revenue of $1.19 billion for the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.Everpure’s quarterly revenue was up 37.7% on a year-over-year basis. Analysts expect that Everpure will post 0.96 earnings per share for the current fiscal year.

Insider Activity at Everpure

In other news, insider John Colgrove sold 100,000 shares of Everpure stock in a transaction that occurred on 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 owned 5,993,309 shares in the company, valued at $661,361,648.15. The trade was a 1.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 sale, the director directly owned 94,608 shares of the company’s stock, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 908,050 shares of company stock valued at $89,995,156. 5.10% of the stock is owned by corporate insiders.

Institutional Trading of Everpure

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

Key Headlines Impacting Everpure

Here are the key news stories impacting Everpure this week:

  • Positive Sentiment: At its 2026 Financial Analyst Meeting, Everpure raised its preliminary FY 2028 revenue outlook to $7.0 billion-$7.3 billion, well above the approximately $6.2 billion consensus estimate. Management highlighted four growth areas intended to support durable, accelerated expansion. Everpure raises FY28 revenue outlook
  • Positive Sentiment: The company reaffirmed its FY 2027 outlook while presenting a new long-term business model centered on expanding storage and data-management services. The stronger outlook helped fuel investor optimism about future growth. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
  • Positive Sentiment: Everpure was recognized as a Leader in Gartner’s 2026 Magic Quadrant for Infrastructure Platform Consumption Services for the second consecutive year, supporting the company’s credibility and competitive positioning in its target market. Everpure recognized as a Gartner Leader
  • Neutral Sentiment: Everpure appointed Alison McQuarrie to lead its Australia and New Zealand partner organization. The move may strengthen regional channel execution, but the immediate financial impact is unclear. Everpure appoints A/NZ partners lead
  • Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.0 million. The transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding from vested equity awards, which reduces its signaling value, but it still adds selling pressure after several prior sales. Everpure shares down on insider selling

About Everpure

(Get Free Report)

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.

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Analyst Recommendations for Everpure (NYSE:P)

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