Everpure (NYSE:P) Earns Buy Rating from Guggenheim

Everpure (NYSE:P)‘s stock had its “buy” rating restated by stock analysts at Guggenheim in a report issued on Thursday, Benzinga reports. They presently have a $150.00 price objective on the stock. Guggenheim’s target price indicates a potential upside of 16.23% from the stock’s previous close.

A number of other research firms have also recently commented on P. Wells Fargo & Company lifted their price objective on shares of Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday. Raymond James Financial reaffirmed an “outperform” rating and set a $122.00 price objective on shares of Everpure in a research report on Thursday, August 27th. Zacks Research cut shares of Everpure from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Oppenheimer reissued an “outperform” rating and issued a $140.00 target price on shares of Everpure in a research report on Thursday, August 20th. Finally, Piper Sandler reissued an “overweight” rating and issued a $162.00 target price on shares of Everpure in a research report on Thursday. 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $133.70.

Everpure Price Performance

P stock traded up $19.40 during midday trading on Thursday, reaching $129.05. 5,644,865 shares of the company were exchanged, compared to its average volume of 3,714,383. The stock’s 50-day simple moving average is $94.42. Everpure has a one year low of $56.78 and a one year high of $131.41. The firm has a market capitalization of $43.00 billion, a price-to-earnings ratio of 176.75, a price-to-earnings-growth ratio of 4.46 and a beta of 1.43.

Everpure (NYSE:P) last released its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The firm had revenue of $1.19 billion during the quarter. The firm’s revenue for the quarter was up 37.7% compared to the same quarter last year. On average, research analysts expect that Everpure will post 0.96 EPS for the current year.

Insider Transactions at Everpure

In other news, insider John Colgrove sold 100,000 shares of the business’s 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. The trade was a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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. Also, Director Susan J.S. Taylor sold 8,543 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $81.74, for a total transaction of $698,304.82. Following the completion of the sale, the director directly owned 94,608 shares of the company’s stock, valued at approximately $7,733,257.92. The trade was a 8.28% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 908,050 shares of company stock valued at $89,995,156. 5.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Paradigm Capital Management Inc. NY acquired a new position in Everpure in the second quarter valued at about $2,127,000. Nykredit A S acquired a new position in Everpure in the second quarter valued at about $9,412,000. Raiffeisen Bank International AG acquired a new position in Everpure in the second quarter valued at about $25,525,000. Sequoia Financial Advisors LLC acquired a new position in Everpure in the second quarter valued at about $814,000. Finally, Wellington Management Group LLP acquired a new position in Everpure in the second quarter valued at about $2,192,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Everpure News Roundup

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.