Everest Group, Ltd. $EG Stock Holdings Lifted by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd lifted its position in Everest Group, Ltd. (NYSE:EG) by 109.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,040 shares of the company’s stock after acquiring an additional 11,538 shares during the quarter. Mediolanum International Funds Ltd owned approximately 0.05% of Everest Group worth $7,615,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in shares of Everest Group in the third quarter worth $30,000. Board of the Pension Protection Fund acquired a new position in Everest Group during the second quarter valued at $34,000. UMB Bank n.a. lifted its stake in Everest Group by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after acquiring an additional 48 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Everest Group during the 2nd quarter worth about $39,000. Finally, MUFG Securities EMEA plc purchased a new position in Everest Group during the 2nd quarter valued at about $43,000. 92.64% of the stock is owned by institutional investors and hedge funds.

Everest Group Price Performance

Shares of NYSE:EG opened at $331.40 on Tuesday. The stock has a market capitalization of $13.91 billion, a P/E ratio of 25.24, a P/E/G ratio of 0.23 and a beta of 0.38. The business has a 50-day moving average of $325.83 and a two-hundred day moving average of $332.61. Everest Group, Ltd. has a fifty-two week low of $302.44 and a fifty-two week high of $370.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.39 and a quick ratio of 0.39.

Everest Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, November 26th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, November 26th. Everest Group’s payout ratio is 60.93%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on EG shares. Cantor Fitzgerald reduced their price target on shares of Everest Group from $348.00 to $344.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Wall Street Zen cut Everest Group from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Barclays boosted their target price on Everest Group from $365.00 to $377.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. UBS Group reaffirmed a “buy” rating and set a $345.00 price target on shares of Everest Group in a research note on Monday, January 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Everest Group in a report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $364.64.

About Everest Group

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.