Everpure (NYSE:P) Receives Buy Rating from Guggenheim

Key Points

• Guggenheim reiterated its Buy rating on Everpure and set a $150 price target, implying 23.15% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with an average target of $137.15.
• Everpure reported strong operating results, including 37.7% year-over-year revenue growth to $1.19 billion and quarterly EPS of $0.70, well above the $0.19 consensus estimate.
• The stock rose to $121.80 amid optimism about AI-driven demand and an upbeat fiscal 2028 revenue outlook, though insider selling has continued under pre-arranged Rule 10b5-1 plans.

Everpure (NYSE:P - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Guggenheim in a report released on Thursday, Benzinga reports. They presently have a $150.00 price target on the stock. Guggenheim's target price would indicate a potential upside of 23.15% from the stock's previous close.

P has been the topic of a number of other research reports. Wedbush reiterated an "outperform" rating and issued a $130.00 target price on shares of Everpure in a research report on Thursday. Barclays lifted their price objective on shares of Everpure from $84.00 to $110.00 and gave the company an "equal weight" rating in a research note on Friday, August 28th. Wall Street Zen cut shares of Everpure from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 12th. DA Davidson set a $100.00 price objective on shares of Everpure in a research note on Wednesday, July 1st. Finally, UBS Group lifted their price objective on shares of Everpure from $70.00 to $80.00 and gave the company a "sell" rating in a research note on Thursday, August 27th. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $137.15.

Everpure Price Performance

NYSE:P traded up $12.15 during trading hours on Thursday, hitting $121.80. 11,610,814 shares of the company were exchanged, compared to its average volume of 3,750,550. The stock has a market cap of $40.59 billion, a PE ratio of 166.85, a price-to-earnings-growth ratio of 4.46 and a beta of 1.43. Everpure has a 52-week low of $56.78 and a 52-week high of $131.41. The company's 50 day moving average is $94.42.

Everpure (NYSE:P - Get Free Report) last released its 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%. Everpure's revenue was up 37.7% on a year-over-year basis. As a group, equities research analysts predict that Everpure will post 0.96 EPS for the current year.

Insider Buying and Selling at Everpure

In other news, insider John Colgrove sold 200,000 shares of Everpure stock in a transaction that occurred on Monday, August 10th. The shares were 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 directly owned 6,474,080 shares of the company's stock, 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 Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,008,050 shares of company stock worth $101,591,156. 5.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Everpure

Several institutional investors have recently made changes to their positions in P. Continuum Advisory LLC purchased a new position in shares of Everpure during the 2nd quarter valued at approximately $29,000. Reflection Asset Management purchased a new position in shares of Everpure during the 4th quarter valued at approximately $32,000. SHP Wealth Management purchased a new position in shares of Everpure during the 4th quarter valued at approximately $36,000. Rothschild Investment LLC increased its holdings in shares of Everpure by 18.1% during the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company's stock valued at $67,000 after purchasing an additional 152 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Everpure during the 2nd quarter valued at approximately $67,000. 83.42% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its analyst day, Everpure issued preliminary fiscal 2028 revenue guidance of $7.0 billion to $7.3 billion, representing approximately 39% to 45% growth and exceeding the roughly $6.2 billion consensus estimate. Management cited four strategic growth areas, including expanding hyperscale opportunities, and reaffirmed its fiscal 2027 outlook. Everpure shares jump as fiscal 2028 outlook tops estimates
• Positive Sentiment: Investors responded favorably to expectations that AI-related demand will accelerate revenue growth and improve operating leverage, helping Everpure reach what its CEO described as an “inflection point.” Everpure Stock Leads S&P 500 Gainers After Rosy Outlook on AI Demand
• Positive Sentiment: Several analysts raised their targets following the outlook. Citigroup increased its target to $160 while maintaining a Buy rating; Needham and Guggenheim moved to $150, and Wells Fargo raised its target to $145. Evercore ISI also maintained an Outperform rating. Citigroup raises Everpure price target
• Positive Sentiment: The company’s recent operating momentum provides additional support: quarterly revenue rose 37.7% year over year to $1.19 billion, while adjusted earnings substantially exceeded analyst expectations.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause amid the heavy buying activity, highlighting elevated volatility rather than a change in fundamentals.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million, reducing his ownership by 1.7%. However, the transaction was executed under a pre-arranged Rule 10b5-1 plan, and he still owned approximately 5.8 million shares afterward, limiting its bearish significance. SEC insider transaction filing

Everpure Company Profile

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.