Everpure (NYSE:P) Price Target Raised to $145.00 at Wells Fargo & Company

Key Points

• Wells Fargo raised Everpure’s price target from $135 to $145 and maintained an “overweight” rating, implying 32.35% upside from the prior close.
• Analyst sentiment remains positive, with 17 Buy, three Hold, and one Sell rating; the consensus is “Moderate Buy” with an average price target of $130.10.
• Everpure exceeded quarterly earnings expectations, reporting $0.70 per share versus a $0.19 consensus estimate and $1.19 billion in revenue, up 37.7% year over year. Insiders also sold 908,050 shares worth nearly $90 million during the quarter.

Everpure (NYSE:P - Get Free Report) had its price objective raised by stock analysts at Wells Fargo & Company from $135.00 to $145.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Wells Fargo & Company's price target points to a potential upside of 32.35% from the stock's previous close.

A number of other analysts have also recently weighed in on the stock. Citigroup boosted their price objective on shares of Everpure from $118.00 to $130.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. William Blair reiterated an "outperform" rating on shares of Everpure in a report on Thursday, May 28th. Wedbush boosted their target price on shares of Everpure from $127.00 to $130.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. DA Davidson set a $100.00 price target on shares of Everpure in a report on Wednesday, July 1st. Finally, Evercore reaffirmed an "outperform" rating and issued a $130.00 price target on shares of Everpure in a research report on Monday, August 24th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $130.10.

Everpure Stock Performance

P stock opened at $109.56 on Thursday. The firm has a market cap of $36.51 billion, a price-to-earnings ratio of 150.08, a PEG ratio of 4.46 and a beta of 1.43. Everpure has a 1 year low of $56.78 and a 1 year high of $119.10. The firm has a fifty day simple moving average of $94.42.

Everpure (NYSE:P - Get Free Report) last posted its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The company had revenue of $1.19 billion for the quarter. The business's quarterly revenue was up 37.7% compared to the same quarter last year. Sell-side analysts anticipate that Everpure will post 0.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Susan J.S. Taylor sold 8,543 shares of Everpure stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $81.74, for a total transaction of $698,304.82. Following the sale, the director owned 94,608 shares of the company's stock, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Colgrove sold 100,000 shares of the business's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $110.35, for a total value of $11,035,000.00. Following the sale, the insider owned 5,993,309 shares in the company, 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. Insiders sold a total of 908,050 shares of company stock valued at $89,995,156 in the last quarter. Corporate insiders own 5.10% of the company's stock.

Institutional Investors Weigh In On Everpure

Institutional investors and hedge funds have recently bought and sold shares of the business. QRG Capital Management Inc. acquired a new stake in shares of Everpure during the 2nd quarter valued at about $1,110,000. Envestnet Portfolio Solutions Inc. bought a new stake in Everpure in the second quarter valued at about $785,000. Andra AP fonden acquired a new position in Everpure in the second quarter worth about $5,230,000. Sequoia Financial Advisors LLC acquired a new position in Everpure in the second quarter worth about $814,000. Finally, Tidal Investments LLC bought a new position in Everpure during the second quarter worth about $14,252,000. Institutional investors own 83.42% of the company's stock.

Trending Headlines about Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its 2026 Financial Analyst Meeting, Everpure raised its preliminary FY 2028 revenue outlook to $7.0 billion-$7.3 billion, well above the approximately $6.2 billion consensus estimate. Management highlighted four growth areas intended to support durable, accelerated expansion. Everpure raises FY28 revenue outlook
• Positive Sentiment: The company reaffirmed its FY 2027 outlook while presenting a new long-term business model centered on expanding storage and data-management services. The stronger outlook helped fuel investor optimism about future growth. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
• Positive Sentiment: Everpure was recognized as a Leader in Gartner’s 2026 Magic Quadrant for Infrastructure Platform Consumption Services for the second consecutive year, supporting the company’s credibility and competitive positioning in its target market. Everpure recognized as a Gartner Leader
• Neutral Sentiment: Everpure appointed Alison McQuarrie to lead its Australia and New Zealand partner organization. The move may strengthen regional channel execution, but the immediate financial impact is unclear. Everpure appoints A/NZ partners lead
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.0 million. The transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding from vested equity awards, which reduces its signaling value, but it still adds selling pressure after several prior sales. Everpure shares down on insider selling

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.

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