Russell Investments Group Ltd. raised its stake in shares of Everpure, Inc. (NYSE:P – Free Report) by 32.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 560,713 shares of the company’s stock after purchasing an additional 135,912 shares during the period. Russell Investments Group Ltd. owned 0.17% of Everpure worth $73,203,000 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. Family Legacy Financial Solutions LLC increased its stake in shares of Everpure by 3.6% in the third quarter. Family Legacy Financial Solutions LLC now owns 2,113 shares of the company’s stock valued at $276,000 after buying an additional 73 shares during the period. IFP Advisors Inc raised its position in shares of Everpure by 1.1% during the third quarter. IFP Advisors Inc now owns 10,449 shares of the company’s stock worth $1,367,000 after acquiring an additional 115 shares during the last quarter. Fortitude Family Office LLC lifted its stake in shares of Everpure by 49.0% in the third quarter. Fortitude Family Office LLC now owns 362 shares of the company’s stock worth $47,000 after acquiring an additional 119 shares during the period. Brookstone Capital Management lifted its stake in shares of Everpure by 4.4% in the third quarter. Brookstone Capital Management now owns 2,877 shares of the company’s stock worth $376,000 after acquiring an additional 121 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of Everpure by 4.4% in the third quarter. Diversify Advisory Services LLC now owns 3,976 shares of the company’s stock worth $530,000 after acquiring an additional 166 shares during the period. 83.42% of the stock is owned by institutional investors and hedge funds.
Everpure Price Performance
Shares of P traded down $2.31 during trading hours on Friday, hitting $107.80. The stock had a trading volume of 2,981,912 shares, compared to its average volume of 3,007,480. The firm has a 50 day simple moving average of $121.14 and a 200-day simple moving average of $96.00. The firm has a market capitalization of $35.92 billion, a P/E ratio of 147.66, a price-to-earnings-growth ratio of 3.67 and a beta of 1.43. Everpure, Inc. has a 1-year low of $56.78 and a 1-year high of $157.57.
Everpure (NYSE:P – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.51. The business had revenue of $1.19 billion for the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. Equities analysts predict that Everpure, Inc. will post 0.95 EPS for the current fiscal year.
Latest Everpure News
Here’s some of the latest news about P:
- Positive Sentiment: Guggenheim reaffirmed its “buy” rating and $215 price target, while Raymond James raised its target to $144 from $140—both supportive of the bullish outlook. Read More. | Read More.
- Neutral Sentiment: Wall Street projections for Everpure’s quarter ended October 2026 are in focus, but the preview does not provide results or specific forecast figures. Read More.
- Negative Sentiment: UBS raised its price target to $88 from $80 but maintained a “sell” rating, signaling continued caution about valuation or prospects. Read More.
Insider Transactions at Everpure
In other news, Director Scott Dietzen sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $141.60, for a total transaction of $8,496,000.00. Following the completion of the sale, the director owned 70,000 shares in the company, valued at $9,912,000. The trade was a 46.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider John Colgrove sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $100.77, for a total value of $10,077,000.00. Following the transaction, the insider directly owned 2,365,000 shares in the company, valued at $238,321,050. The trade was a 4.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 745,371 shares of company stock valued at $92,333,246. Company insiders own 5.10% of the company’s stock.
Analyst Ratings Changes
P has been the subject of a number of recent analyst reports. UBS Group increased their target price on shares of Everpure from $80.00 to $88.00 and gave the company a “sell” rating in a research report on Thursday. Piper Sandler boosted their price target on shares of Everpure from $133.00 to $162.00 and gave the stock an “overweight” rating in a research report on Thursday, September 24th. Evercore upped their price objective on shares of Everpure from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, October 5th. Weiss Ratings upgraded shares of Everpure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 14th. Finally, Lake Street Capital boosted their target price on shares of Everpure from $120.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Everpure currently has a consensus rating of “Moderate Buy” and an average target price of $149.25.
Everpure Company Profile
Everpure, formerly known as Pure Storage, provides data storage and management technology for businesses and other organizations. Its offerings are designed to support applications, databases, analytics, cloud environments and other data-intensive workloads. The company’s portfolio includes FlashArray systems for block and file storage, FlashBlade systems for unstructured data and high-performance workloads, and Pure1 software for monitoring and managing storage environments. Everpure also offers subscription-based services, including its Evergreen storage model.
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