Stoneridge Investment Partners LLC Takes $584,000 Position in Everest Group, Ltd. $EG

Posted by Francis Steltz on Aug 16th, 2026

Stoneridge Investment Partners LLC acquired a new position in shares of Everest Group, Ltd. (NYSE:EG – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 1,562 shares of the company’s stock, valued at approximately $584,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp raised its holdings in shares of Everest Group by 4,077.5% during the 4th quarter. M&T Bank Corp now owns 79,205 shares of the company’s stock valued at $26,878,000 after buying an additional 77,309 shares in the last quarter. Algebris UK Ltd. purchased a new stake in Everest Group in the fourth quarter worth approximately $23,460,000. Northwestern Mutual Wealth Management Co. boosted its stake in Everest Group by 12,322.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,243 shares of the company’s stock worth $176,205,000 after buying an additional 515,063 shares in the last quarter. National Pension Service boosted its stake in Everest Group by 13.2% in the fourth quarter. National Pension Service now owns 44,113 shares of the company’s stock worth $14,970,000 after buying an additional 5,157 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Everest Group by 7.7% during the first quarter. Bank of America Corp DE now owns 233,326 shares of the company’s stock valued at $76,263,000 after acquiring an additional 16,701 shares during the last quarter. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EG has been the topic of several research reports. Citigroup lifted their price target on shares of Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Mizuho cut their price objective on shares of Everest Group from $418.00 to $416.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Barclays increased their target price on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Wells Fargo & Company lifted their target price on shares of Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Finally, Evercore set a $377.00 price target on shares of Everest Group in a research note on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $393.93.

Check Out Our Latest Report on Everest Group

Everest Group Price Performance

EG opened at $369.91 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.35 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $363.11 and its 200 day simple moving average is $345.40. The firm has a market cap of $14.18 billion, a price-to-earnings ratio of 7.82, a PEG 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.

Everest Group (NYSE:EG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, beating the consensus estimate of $14.52 by $0.33. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $16.10 earnings per share. As a group, analysts predict that Everest Group, Ltd. will post 53.13 earnings per share for the current year.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors 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 of this dividend is Wednesday, September 9th. Everest Group’s payout ratio is presently 16.92%.

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.