Everpure’s (P) “Outperform” Rating Reiterated at Wedbush

Posted by Brenda Bartman on Sep 24th, 2026

Everpure (NYSE:P – Get Free Report)‘s stock had its “outperform” rating reaffirmed by investment analysts at Wedbush in a research note issued to investors on Thursday, Benzinga reports. They currently have a $130.00 target price on the stock. Wedbush’s target price suggests a potential upside of 0.74% from the company’s previous close.

Several other equities research analysts have also recently commented on P. Wells Fargo & Company increased their price target on Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday. Oppenheimer reiterated an “outperform” rating and issued a $140.00 target price on shares of Everpure in a report on Thursday, August 20th. William Blair reaffirmed an “outperform” rating on shares of Everpure in a research report on Thursday, May 28th. Evercore reiterated an “outperform” rating and issued a $130.00 price objective on shares of Everpure in a research report on Monday, August 24th. Finally, Bank of America raised shares of Everpure from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $150.00 in a research report on Thursday, August 27th. Seventeen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $133.70.

Read Our Latest Stock Report on Everpure

Everpure Stock Performance

NYSE:P traded up $19.40 during midday trading on Thursday, hitting $129.05. The company’s stock had a trading volume of 5,644,865 shares, compared to its average volume of 3,714,383. Everpure has a fifty-two week low of $56.78 and a fifty-two week high of $131.41. The company’s 50 day simple moving average is $94.42. The company has a market capitalization of $43.00 billion, a price-to-earnings ratio of 176.75, a P/E/G ratio of 4.46 and a beta of 1.43.

Everpure (NYSE:P – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.51. The company had revenue of $1.19 billion for the quarter. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The company’s revenue was up 37.7% on a year-over-year basis. On average, sell-side analysts anticipate that Everpure will post 0.96 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Susan J.S. Taylor sold 8,543 shares of the 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 in the company, valued at approximately $7,733,257.92. This represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Colgrove sold 100,000 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $110.35, for a total transaction of $11,035,000.00. Following the sale, the insider owned 5,993,309 shares of the company’s stock, valued at approximately $661,361,648.15. This represents a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last 90 days, insiders have sold 908,050 shares of company stock valued at $89,995,156. Company insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Everpure

A number of hedge funds have recently added to or reduced their stakes in the company. Paradigm Capital Management Inc. NY bought a new stake in Everpure in the 2nd quarter worth approximately $2,127,000. Nykredit A S bought a new stake in Everpure in the second quarter worth about $9,412,000. Raiffeisen Bank International AG purchased a new stake in shares of Everpure during the second quarter valued at about $25,525,000. Sequoia Financial Advisors LLC bought a new stake in shares of Everpure in the 2nd quarter valued at about $814,000. Finally, Wellington Management Group LLP purchased a new position in shares of Everpure in the 2nd quarter worth approximately $2,192,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.

More Everpure News

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.

Everpure Company Profile

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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.