3,229 Shares in Everest Group, Ltd. $EG Bought by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC bought a new position in shares of Everest Group, Ltd. (NYSE:EGFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,229 shares of the company’s stock, valued at approximately $1,096,000.

A number of other institutional investors and hedge funds have also bought and sold shares of EG. Geneos Wealth Management Inc. increased its position in Everest Group by 98.9% during the first quarter. Geneos Wealth Management Inc. now owns 181 shares of the company’s stock worth $66,000 after acquiring an additional 90 shares during the period. Sivia Capital Partners LLC acquired a new stake in Everest Group during the second quarter worth $384,000. Marshall Wace LLP acquired a new stake in Everest Group during the second quarter worth $238,000. Jump Financial LLC acquired a new stake in Everest Group during the second quarter worth $1,510,000. Finally, Federated Hermes Inc. boosted its stake in Everest Group by 3.7% during the second quarter. Federated Hermes Inc. now owns 14,411 shares of the company’s stock worth $4,898,000 after buying an additional 510 shares in the last quarter. Institutional investors own 92.64% of the company’s stock.

Everest Group Stock Down 2.8%

Shares of NYSE:EG opened at $323.94 on Friday. Everest Group, Ltd. has a 12 month low of $302.44 and a 12 month high of $368.29. The company’s 50-day moving average price is $340.31 and its two-hundred day moving average price is $331.83. 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 firm has a market cap of $12.82 billion, a P/E ratio of 6.59, a P/E/G ratio of 0.52 and a beta of 0.35.

Everest Group (NYSE:EGGet Free Report) last issued its quarterly earnings data on Monday, March 23rd. The company reported $16.08 EPS for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The firm had revenue of $4.07 billion for the quarter. As a group, research analysts forecast that Everest Group, Ltd. will post 52.62 EPS for the current fiscal year.

Everest Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $8.00 dividend on an annualized basis and a yield of 2.5%. Everest Group’s dividend payout ratio is currently 16.27%.

Insider Buying and Selling

In other Everest Group news, CEO Jason Keen sold 775 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $351.84, for a total transaction of $272,676.00. Following the sale, the chief executive officer owned 8,170 shares of the company’s stock, valued at $2,874,532.80. This represents a 8.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

EG has been the topic of a number of recent research reports. Barclays lifted their price target on shares of Everest Group from $377.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Citigroup lifted their price target on shares of Everest Group from $342.00 to $395.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. UBS Group set a $355.00 price target on shares of Everest Group in a research note on Thursday, May 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Everest Group in a research note on Friday, May 22nd. Finally, Mizuho lifted their price target on shares of Everest Group from $365.00 to $388.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Five investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, Everest Group currently has an average rating of “Hold” and a consensus target price of $373.73.

View Our Latest Stock Analysis on Everest Group

Everest Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Everest Group (NYSE:EG)

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