LSV Asset Management Sells 2,390 Shares of Everest Group, Ltd. $EG

LSV Asset Management lowered its stake in Everest Group, Ltd. (NYSE:EG) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 385,330 shares of the company’s stock after selling 2,390 shares during the quarter. LSV Asset Management’s holdings in Everest Group were worth $130,762,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bright Futures Wealth Management LLC. bought a new stake in Everest Group in the third quarter valued at approximately $589,000. Skandinaviska Enskilda Banken AB publ lifted its position in Everest Group by 142.0% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 118,187 shares of the company’s stock valued at $41,393,000 after purchasing an additional 69,346 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Everest Group by 141.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,076 shares of the company’s stock valued at $7,690,000 after purchasing an additional 12,343 shares during the last quarter. Causeway Capital Management LLC bought a new stake in Everest Group in the third quarter valued at approximately $61,531,000. Finally, Summit Global Investments bought a new stake in Everest Group in the third quarter valued at approximately $2,863,000. Institutional investors own 92.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays boosted their price objective on Everest Group from $377.00 to $380.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Morgan Stanley upped their target price on Everest Group from $340.00 to $355.00 and gave the company an “equal weight” rating in a report on Thursday. Bank of America upped their target price on Everest Group from $430.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. UBS Group set a $355.00 target price on Everest Group in a report on Thursday. Finally, BMO Capital Markets upped their target price on Everest Group from $366.00 to $376.00 and gave the company a “market perform” rating in a report on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $373.73.

Everest Group News Summary

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: Zacks Research lifted its earnings forecasts for several future periods, including Q4 2027, Q3 2027, FY2027 and Q1 2028, suggesting stronger longer-term profit potential for Everest Group.
• Neutral Sentiment: Morgan Stanley raised its price target on Everest Group to $355 from $340 but kept an “equal weight” rating, implying only limited near-term upside.
• Negative Sentiment: Zacks Research trimmed estimates for Q2 2026, Q2 2027, Q1 2027, Q4 2026 and FY2026, which may be pressuring sentiment by pointing to softer results in the nearer term.

Insiders Place Their Bets

In related news, CEO Jason Keen sold 775 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total value of $272,676.00. Following the sale, the chief executive officer directly owned 8,170 shares of the company’s stock, valued at $2,874,532.80. This represents a 8.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is currently owned by insiders.

Everest Group Price Performance

Shares of Everest Group stock opened at $352.76 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.23. The company has a market cap of $13.96 billion, a PE ratio of 7.17, a P/E/G ratio of 0.55 and a beta of 0.35. The business has a 50 day moving average of $338.33 and a 200 day moving average of $331.09. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $368.29.

Everest Group (NYSE:EG) last announced its earnings results on Monday, March 23rd. The company reported $16.08 EPS for the quarter. The company had revenue of $4.07 billion during the quarter. Everest Group had a return on equity of 14.70% and a net margin of 11.76%. As a group, equities research analysts forecast that Everest Group, Ltd. will post 52.58 earnings per share for the current year.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th. Everest Group’s dividend payout ratio is presently 16.27%.

Everest Group Company 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.