Waverly Advisors LLC Sells 6,457 Shares of Everest Group, Ltd. $EG

Waverly Advisors LLC decreased its holdings in shares of Everest Group, Ltd. (NYSE:EG) by 26.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,102 shares of the company’s stock after selling 6,457 shares during the quarter. Waverly Advisors LLC’s holdings in Everest Group were worth $6,467,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Trifecta Capital Advisors LLC bought a new stake in Everest Group in the second quarter valued at approximately $29,000. Raiffeisen Bank International AG bought a new position in Everest Group during the fourth quarter worth about $34,000. Cullen Frost Bankers Inc. acquired a new position in Everest Group in the fourth quarter valued at about $37,000. CYBER HORNET ETFs LLC acquired a new position in Everest Group in the second quarter valued at about $39,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Everest Group in the second quarter worth about $43,000. 92.64% of the stock is owned by institutional investors.

Everest Group Stock Up 0.9%

Shares of Everest Group stock opened at $371.06 on Friday. The business’s 50 day simple moving average is $374.63 and its 200 day simple moving average is $351.04. Everest Group, Ltd. has a 52-week low of $302.44 and a 52-week high of $401.07. The firm has a market cap of $14.23 billion, a PE ratio of 7.85, a P/E/G ratio of 0.72 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35.

Everest Group (NYSE:EG) last released its quarterly earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share for the quarter. The firm had revenue of $3.96 billion during the quarter. Everest Group had a return on equity of 13.63% and a net margin of 11.41%. On average, analysts predict that Everest Group, Ltd. will post 53.2 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th will be given a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 9th. Everest Group’s payout ratio is currently 16.92%.

Key Stories Impacting Everest Group

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

• Positive Sentiment: Everest is identified as one of the reinsurers positioned to benefit from the growing use of alternative capital. The trend could expand underwriting capacity and support growth for companies that combine disciplined underwriting with third-party capital. 3 Reinsurers Set to Benefit From Alternative Capital Boom
• Positive Sentiment: An optimistic outlook for the 2026 Atlantic hurricane season could limit catastrophe losses. Everest is also reducing legacy exposures, emphasizing underwriting margins over premium growth and pursuing substantial share buybacks. The analysis estimates a capital-return yield of roughly 9%, while conservative investments and low leverage support continued capital deployment. Everest Group Should Benefit From A Quiet Atlantic Hurricane Season
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see balanced upside and downside rather than a strong near-term catalyst. Everest Group Given Consensus Hold Recommendation
• Negative Sentiment: Zacks Research lowered its EPS forecasts across late 2026 through 2028, including fiscal 2026 earnings to $52.49 from $53.10 and fiscal 2027 earnings to $58.63 from $59.23. The revisions indicate somewhat softer expected profitability, although the estimates remain broadly consistent with the current full-year consensus near $53.28. Everest Group Earnings Estimate Revisions
• Negative Sentiment: Another analysis argues that Everest’s low valuation is offset by risks surrounding casualty reserves. Potential reserve strengthening could pressure future earnings and remains a key concern for investors. Everest Group: Cheap Valuation, But Casualty Reserves Remain A Concern

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EG. Weiss Ratings upgraded Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Wells Fargo & Company raised their target price on shares of Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Barclays lifted their price target on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Atlantic Securities set a $484.00 price target on shares of Everest Group in a report on Wednesday, July 15th. Finally, UBS Group increased their price objective on shares of Everest Group from $374.00 to $395.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $395.27.

About Everest Group

Everest Group, Ltd. (NYSE: EG) is a global insurance and reinsurance company headquartered in Hamilton, Bermuda. Through its operating subsidiaries, the company provides property and casualty insurance and reinsurance products to businesses, insurers and other institutional clients.

Everest’s reinsurance operations cover a range of property, casualty and specialty risks, while its insurance business offers commercial coverage in areas such as property, casualty, specialty, marine, accident and health.