Everpure (NYSE:P) Shares Gap Up – Here’s Why

Posted by Francis Steltz on Sep 15th, 2026

Everpure, Inc. (NYSE:P – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $93.78, but opened at $98.52. Everpure shares last traded at $99.6060, with a volume of 228,201 shares.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wedbush raised their price target on Everpure from $127.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Oppenheimer reiterated an “outperform” rating and issued a $140.00 price target on shares of Everpure in a research note on Thursday, August 20th. Weiss Ratings restated a “hold (c)” rating on shares of Everpure in a research note on Friday, July 17th. Wells Fargo & Company upped their target price on shares of Everpure from $97.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Finally, Bank of America upgraded shares of Everpure from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $150.00 in a report on Thursday, August 27th. Seventeen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $129.10.

View Our Latest Stock Report on P

Everpure Stock Up 3.9%

The firm’s 50-day simple moving average is $90.49. The firm has a market capitalization of $32.48 billion, a P/E ratio of 133.53, a PEG ratio of 3.95 and a beta of 1.43.

Everpure (NYSE:P – Get Free Report) last issued its 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 during the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.Everpure’s revenue for the quarter was up 37.7% on a year-over-year basis. Equities analysts anticipate that Everpure, Inc. will post 0.96 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ajay Singh sold 9,787 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $78.12, for a total transaction of $764,560.44. Following the completion of the transaction, the insider directly owned 340,939 shares of the company’s stock, valued at $26,634,154.68. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan J.S. Taylor sold 8,543 shares of the stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $81.74, for a total transaction of $698,304.82. Following the transaction, the director owned 94,608 shares in the company, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 817,520 shares of company stock valued at $79,667,896 over the last three months. Insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Everpure

Several hedge funds and other institutional investors have recently modified their holdings of P. Paradigm Capital Management Inc. NY purchased a new position in Everpure in the second quarter worth about $2,127,000. Raiffeisen Bank International AG purchased a new position in shares of Everpure in the second quarter worth approximately $25,525,000. California State Teachers Retirement System purchased a new position in shares of Everpure in the second quarter worth approximately $2,964,174,000. Wellington Management Group LLP bought a new stake in Everpure during the second quarter valued at approximately $2,192,000. Finally, S&CO Inc. bought a new stake in Everpure during the second quarter valued at approximately $15,003,000. 83.42% of the stock is owned by institutional investors.

About Everpure

(Get Free Report)

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.