Korea Investment CORP Takes $14.17 Million Position in Everest Group, Ltd. $EG

Korea Investment CORP bought a new position in shares of Everest Group, Ltd. (NYSE:EG) in the 2nd quarter, Holdings Channel.com reports. The fund bought 39,668 shares of the company’s stock, valued at approximately $14,171,000.

Several other large investors also recently bought and sold shares of the stock. Siemens Fonds Invest GmbH boosted its stake in shares of Everest Group by 3.3% in the 4th quarter. Siemens Fonds Invest GmbH now owns 1,067 shares of the company’s stock valued at $364,000 after buying an additional 34 shares during the period. V Square Quantitative Management LLC increased its stake in shares of Everest Group by 4.0% during the first quarter. V Square Quantitative Management LLC now owns 968 shares of the company’s stock worth $316,000 after buying an additional 37 shares during the period. Brown Brothers Harriman & Co. raised its holdings in Everest Group by 27.6% in the fourth quarter. Brown Brothers Harriman & Co. now owns 171 shares of the company’s stock valued at $58,000 after acquiring an additional 37 shares in the last quarter. GenTrust LLC lifted its stake in Everest Group by 4.8% in the fourth quarter. GenTrust LLC now owns 874 shares of the company’s stock worth $297,000 after acquiring an additional 40 shares during the last quarter. Finally, Tred Avon Family Wealth LLC grew its holdings in Everest Group by 6.5% during the 1st quarter. Tred Avon Family Wealth LLC now owns 657 shares of the company’s stock worth $215,000 after acquiring an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Wall Street Analysts Forecast Growth

EG has been the topic of a number of analyst reports. TD Cowen raised their price objective on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a report on Wednesday. Atlantic Securities set a $484.00 target price on Everest Group in a report on Wednesday, July 15th. UBS Group raised their price target on Everest Group from $374.00 to $395.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Barclays lifted their price target on Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Citigroup upped their price objective on Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Four analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $395.27.

Everest Group Stock Performance

NYSE EG opened at $370.18 on Monday. The company has a fifty day moving average of $366.34 and a two-hundred day moving average of $346.91. The company has a market capitalization of $14.19 billion, a PE ratio of 7.83, a P/E/G ratio of 0.73 and a beta of 0.29. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $401.07. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.35 and a quick ratio of 0.35.

Everest Group (NYSE:EG) last posted its earnings results on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, topping analysts’ consensus estimates of $14.52 by $0.33. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.99 billion. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.The business’s revenue was down 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $16.10 earnings per share. As a group, analysts expect that Everest Group, Ltd. will post 52.91 earnings per share for the current year.

Everest Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 9th. Everest Group’s dividend payout ratio (DPR) is 16.92%.

Everest Group News Roundup

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

• Positive Sentiment: Upward earnings revisions: Zacks Research raised its FY2026 EPS forecast to $53.10 from $52.49, FY2027 to $59.23 from $58.45, and FY2028 to $66.63 from $65.28. It also increased estimates for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028. The revisions suggest improving expectations for Everest Group’s underwriting and investment results.
• Positive Sentiment: Forecast remains above consensus: Zacks’ $53.10 FY2026 estimate is modestly higher than the current analyst consensus of $52.83, providing a favorable earnings-expectations catalyst.
• Neutral Sentiment: TD Cowen maintained its Hold rating: The unchanged stance indicates the analyst sees limited immediate reason to change the investment case, even as earnings forecasts improve. TD Cowen Sticks to Their Hold Rating for Everest Group
• Negative Sentiment: One near-term forecast was cut: Zacks reduced its Q3 2026 EPS estimate to $8.88 from $9.03, signaling some expected earnings pressure in the upcoming quarter.

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.