Bank Pictet & Cie Europe AG Buys 13,462 Shares of Everpure, Inc. $P

Posted by George Bondi on Oct 20th, 2026

Bank Pictet & Cie Europe AG boosted its stake in Everpure, Inc. (NYSE:P – Free Report) by 15.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,870 shares of the company’s stock after acquiring an additional 13,462 shares during the period. Bank Pictet & Cie Europe AG’s holdings in Everpure were worth $12,930,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. MBM Wealth Consultants LLC boosted its stake in Everpure by 6.1% during the 3rd quarter. MBM Wealth Consultants LLC now owns 14,703 shares of the company’s stock valued at $1,923,000 after acquiring an additional 842 shares during the last quarter. 55 North Private Wealth LLC acquired a new position in Everpure during the 3rd quarter worth $211,000. Prime Capital Investment Advisors LLC bought a new stake in shares of Everpure in the 3rd quarter worth about $201,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Everpure by 28.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 57,652 shares of the company’s stock worth $7,540,000 after purchasing an additional 12,694 shares during the last quarter. Finally, Grant Private Wealth Management Inc bought a new stake in shares of Everpure in the 3rd quarter worth about $231,000. 83.42% of the stock is owned by institutional investors and hedge funds.

Everpure Price Performance

P stock traded down $0.79 during midday trading on Tuesday, reaching $126.30. The company had a trading volume of 1,066,800 shares, compared to its average volume of 3,806,486. The stock has a market cap of $42.09 billion, a price-to-earnings ratio of 172.89, a PEG ratio of 4.14 and a beta of 1.39. The stock’s 50 day moving average price is $116.46. Everpure, Inc. has a fifty-two week low of $56.78 and a fifty-two week high of $157.57.

Everpure (NYSE:P – Get Free Report) last announced 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 company’s revenue for the quarter was up 37.7% on a year-over-year basis. As a group, analysts anticipate that Everpure, Inc. will post 0.95 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on P shares. Zacks Research lowered shares of Everpure from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. TD Cowen lifted their price target on Everpure from $100.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Evercore reissued an “outperform” rating and issued a $145.00 price objective on shares of Everpure in a report on Thursday, September 24th. Raymond James Financial restated an “outperform” rating and set a $122.00 price objective on shares of Everpure in a research note on Thursday, August 27th. Finally, Barclays increased their target price on Everpure from $110.00 to $132.00 and gave the stock an “equal weight” rating in a report on Friday, September 25th. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $143.25.

Check Out Our Latest Research Report on Everpure

Insider Transactions at Everpure

In related news, insider John Colgrove sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $96.98, for a total transaction of $19,396,000.00. Following the completion of the transaction, the insider owned 6,474,080 shares in the company, valued at $627,856,278.40. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,235,091 shares of company stock worth $142,276,537. Insiders own 5.10% of the company’s stock.

Everpure Company Profile

(Free Report)

Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.