Everpure (NYSE:P – Get Free Report)‘s stock had its “buy” rating restated by analysts at Guggenheim in a report issued on Thursday, Benzinga reports. They currently have a $150.00 price target on the stock. Guggenheim’s price objective indicates a potential upside of 15.95% from the stock’s previous close.
Other equities analysts have also issued reports about the company. Zacks Research lowered Everpure from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Northland Securities upped their target price on Everpure from $90.00 to $128.00 and gave the company an “outperform” rating in a research note on Friday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Everpure in a research note on Friday, July 17th. Barclays upped their price target on Everpure from $84.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Finally, Wall Street Zen lowered Everpure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. Seventeen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Everpure has an average rating of “Moderate Buy” and an average price target of $131.55.
Everpure Price Performance
Everpure (NYSE:P – Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating 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%.The business’s quarterly revenue was up 37.7% compared to the same quarter last year. Sell-side analysts forecast that Everpure will post 0.96 EPS for the current year.
Insider Transactions at Everpure
In other news, Director Susan J.S. Taylor sold 8,543 shares of the stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $81.74, for a total value of $698,304.82. Following the completion of the sale, the director owned 94,608 shares in the company, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Colgrove sold 100,000 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $110.35, for a total value of $11,035,000.00. Following the completion of the sale, the insider owned 5,993,309 shares of the company’s stock, valued at approximately $661,361,648.15. This trade represents a 1.64% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last quarter, insiders sold 908,050 shares of company stock valued at $89,995,156. Insiders own 5.10% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Rothschild Investment LLC boosted its holdings in Everpure by 18.1% during the fourth quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after purchasing an additional 152 shares in the last quarter. Clearstead Advisors LLC boosted its holdings in shares of Everpure by 29.7% in the 4th quarter. Clearstead Advisors LLC now owns 1,240 shares of the company’s stock worth $83,000 after acquiring an additional 284 shares in the last quarter. Continuum Advisory LLC acquired a new position in shares of Everpure in the 2nd quarter worth approximately $29,000. Cibc World Market Inc. boosted its holdings in shares of Everpure by 1.9% in the 4th quarter. Cibc World Market Inc. now owns 21,794 shares of the company’s stock worth $1,460,000 after acquiring an additional 397 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in shares of Everpure by 7.2% in the 4th quarter. Coldstream Capital Management Inc. now owns 6,069 shares of the company’s stock worth $407,000 after acquiring an additional 406 shares in the last quarter. Hedge funds and other institutional investors own 83.42% of the company’s stock.
Key Stories Impacting Everpure
Here are the key news stories impacting Everpure this week:
- Positive Sentiment: Everpure raised its preliminary fiscal 2028 revenue outlook to $7.0 billion-$7.3 billion, well above the roughly $6.2 billion consensus estimate. Management said growth should accelerate as artificial-intelligence demand expands its data-storage and management business. Everpure Stock Rises as AI Demand Underpins Surprising Revenue Growth Acceleration
- Positive Sentiment: The company outlined four strategic growth areas at its analyst meeting, while reaffirming its fiscal 2027 outlook. The expansion of its business model provides a more favorable long-term revenue narrative. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
- Positive Sentiment: Analysts increased or reaffirmed bullish views following the update. Wells Fargo raised its target to $145 and assigned an overweight rating, while Needham and Guggenheim reiterated buy ratings with $150 targets. Wedbush maintained an outperform rating and a $130 target. These targets imply substantial upside from recent trading levels.
- Positive Sentiment: Everpure was again named a Leader in Gartner’s Magic Quadrant for Infrastructure Platform Consumption Services, supporting its competitive positioning in an expanding market. Everpure Recognized as a Leader in the 2026 Gartner Magic Quadrant
- Neutral Sentiment: Everpure appointed Alison McQuarrie as its A/NZ partners lead. The move may support regional channel growth but is unlikely to materially affect near-term earnings.
- Negative Sentiment: Insider John Colgrove sold 100,000 shares worth approximately $11.0 million. The transaction was executed under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards, reducing its bearish significance, but the sale nevertheless appears to be weighing on sentiment.
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.
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