Rep. Lisa C. McClain Purchases Shares of Everest Group, Ltd. (NYSE:EG)

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of Everest Group (NYSE:EG) on June 17th, as disclosed in a filing.
• Everest Group reported strong earnings with $17.36 earnings per share, exceeding analyst expectations and growing revenue by 6.2% year-over-year.
• The company has announced a quarterly dividend of $2.00 per share, yielding 2.3%, to be paid on September 19th.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Everest Group, Ltd. NYSE: EG. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Everest Group stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Everest Group Price Performance

Shares of Everest Group stock traded down $2.3050 during trading hours on Monday, hitting $341.6350. The company's stock had a trading volume of 60,389 shares, compared to its average volume of 399,178. The business has a 50 day moving average price of $335.42 and a two-hundred day moving average price of $343.44. Everest Group, Ltd. has a 12-month low of $320.00 and a 12-month high of $407.30. The company has a market cap of $14.33 billion, a PE ratio of 18.14, a PEG ratio of 0.25 and a beta of 0.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.38 and a current ratio of 0.38.

Everest Group (NYSE:EG - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $17.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.14 by $2.22. Everest Group had a return on equity of 5.89% and a net margin of 4.56%.The firm had revenue of $4.49 billion for the quarter, compared to analysts' expectations of $4.22 billion. During the same period in the previous year, the firm posted $16.85 earnings per share. The business's revenue was up 6.2% compared to the same quarter last year. Analysts expect that Everest Group, Ltd. will post 47.93 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Wednesday, September 3rd will be given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, September 3rd. Everest Group's payout ratio is presently 42.46%.

Insiders Place Their Bets

In other news, CEO James Allan Williamson bought 1,000 shares of the stock in a transaction dated Wednesday, June 11th. The shares were acquired at an average cost of $337.97 per share, with a total value of $337,970.00. Following the purchase, the chief executive officer directly owned 25,618 shares in the company, valued at $8,658,115.46. The trade was a 4.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On Everest Group

Hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in shares of Everest Group in the 4th quarter valued at $29,000. SVB Wealth LLC acquired a new stake in Everest Group during the 1st quarter worth about $30,000. Tsfg LLC acquired a new stake in Everest Group during the 1st quarter worth about $33,000. Zions Bancorporation National Association UT acquired a new stake in Everest Group during the 1st quarter worth about $34,000. Finally, Board of the Pension Protection Fund acquired a new stake in Everest Group during the 2nd quarter worth about $34,000. 92.64% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EG has been the subject of several recent analyst reports. Raymond James Financial restated a "strong-buy" rating and set a $410.00 target price (down previously from $420.00) on shares of Everest Group in a research report on Tuesday, May 6th. Morgan Stanley boosted their target price on Everest Group from $330.00 to $350.00 and gave the company an "equal weight" rating in a research report on Monday, May 19th. Cantor Fitzgerald upgraded Everest Group to a "hold" rating in a research report on Wednesday, August 13th. Wells Fargo & Company reiterated a "mixed" rating on shares of Everest Group in a report on Monday, August 4th. Finally, Evercore ISI lowered their price target on Everest Group from $400.00 to $396.00 and set an "in-line" rating for the company in a report on Thursday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, Everest Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $397.14.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Everest Group Company Profile

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.